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CRO coin witnessed massive buying momentum and exhibited a rally.
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The Bulls looked aggressive and succeeded in registering a breakout.
The Cronos coin (CRO) exhibited a sharp bull rally, soaring over 70% this week. The coin has surpassed multiple hurdles and crossed above the $0.1200 barrier sharply, a similar performance is expected throughout the month. The bulls have gained momentum and a significant trend reversal was witnessed. The price action displayed a massive bullish engulfing candlestick, and a double-bottom breakout was noted on the charts.
The CRO coin price has escaped the significant moving averages and signifies the institutional buying cues. As per the data from Coinglass, the open interest witnessed a sharp spike and rose over 59% this week to $10.90 Million indicating massive long buildup activity. The bear cartel came into trouble and covered their positions, which led to the follow-on buying momentum on the charts. P
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