CRO news: Smarturn v1.5.1 upgrade, Crypto.com’s Cash Earn launch fail to spark rebound
Cronos (CRO) is currently trading at $0.13751, which is well below both the MA-20 ($0.17085) and MA-50 ($0.20666), but just under the MA-200 ($0.13821). This configuration points to persistent short- and medium-term selling pressure, while the long-term MA-200 is providing limited support around current levels.
Highlights
- Cronos (CRO) trades at $0.13751, below its MA-20 ($0.17085) and MA-50 ($0.20666), with MA-200 support at $0.13821 signaling ongoing selling pressure.
- Cronos will undergo a Smarturn v1.5.1 upgrade on October 30, 2025, and Crypto.com’s new U.S. Cash Earn program offers up to 5% APY in CRO, yet market reaction remains muted.
- Technical indicators confirm intraday bearish momentum, with CRO dropping 7.06% and a weekly forecast sees an 80%+ chance of further downside to $0.09956–$0.11013.
Muted response as network upgrades and incentives debut
Cronos will undergo a major Smarturn v1.5.1 upgrade scheduled for October 30, 2025, introducing improvements to the EVM runtime, smart accounts, and cross-chain interoperability via IBC v2. In parallel, Crypto.com has launched a new Cash Earn program in the U.S., offering up to 5% APY paid in CRO to increase user engagement through high-yield savings options. Market reaction to these developments has been muted despite previously strong performance.
Strong downtrend confirmed as technical exhaustion emerges
According to the Ichimoku indicator, dynamic resistance lies near the Kijun at $0.15264. Momentum readings remain weak, with the MACD in negative territory and signaling a sell. The ADX above 49 indicates that the existing downtrend is strong. Daily RSI is oversold at 27, which matches with oversold signals from Stoch RSI and CCI, suggesting near-term exhaustion among sellers. Bull/Bear Power is negative, confirming that sellers are currently dominating intraday momentum. Awesome Oscillator also supports the prevailing bearish trend. The session opened with a mild downward gap from the previous close and quickly pushed near session lows after slipping 7.06%. This puts the price close to the bottom of today's range, and intraday volatility has been high. Downward pressure has persisted since the open, and all short-term indicators and oscillators clearly confirm today's negative momentum.
Further declines likely as bearish probabilities dominate outlook
For the next five trading days, the expected price range is between $0.09956 and $0.11013, according to the weekly forecast. The probability of a further price decrease is very high (more than 80%), making a rebound less likely in the near term. The baseline scenario anticipates price consolidation within a narrow, sideways corridor. In a bullish scenario, CRO would need to reclaim the resistance near $0.153, potentially signaling short-covering. In the bearish case, a break below current support at $0.138 could open the way to deeper losses, with the next targets aligning with the weekly forecast lows.
Previously it was noted that sellers continued to dominate short-term momentum, contributing to pressure on CRO. Market momentum signals were described as mixed, with some indicators showing the asset was oversold on the daily chart and the price exhibiting strong interest toward the top of today’s range.
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