Cronos Crypto Soar 57% to 3-Year High After Trump Media Deal

The Cronos crypto price surged more than 57% in the last 24 hours to trade at $0.3519 as of 6 a.m. EST on a 129% pump in daily trading volume to $2.36 billion.

Meanwhile, the Relative Strength Index (RSI) is now very high at 90.66, which means the market is heavily overbought. Normally, this suggests a pullback could happen soon. Still, in strong uptrends, tokens can stay overbought for some time before correcting, especially if market sentiment remains positive.

Looking at levels, the old resistance at $0.15 may now act as strong support if CRO pulls back. On the upside, the next psychological resistance is near $0.40. Holding above $0.25 would be a good sign for bulls and could keep the uptrend going.

This surge in Cronos also fits with a wider trend where money is flowing into altcoins after big runs in Bitcoin and Ethereum. Short-term traders may look for buying opportunities if CRO retests support, while long-term holders see the move as proof of growing strength in the Cronos ecosystem.

In short, Cronos has broken out of its long sideways phase and is now in a strong rally. As long as it holds above key support, the token looks set for more upside, with $0.40 as the next big target.

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