Markets· ★★· bearish·

CRO drops 4.91% to $0.055 ahead of 1.16B token unlock on September 17

  • CRO trades at $0.055, down 4.91% over 24 hours
  • 1.16 billion CRO worth $66.86 million will unlock on September 17
  • RSI at 46.9 and a negative MACD histogram point to weakening momentum
  • Key support is $0.0546 (61.8% Fibonacci and SMA-50)
Why it matters: An unlock multiple times the daily trading volume could add further pressure on CRO's price in the coming days.
Source: DiarioBitcoin