Cronos decreased by 11 %: just a short -term correction, or is something bigger to come? star-news.press/wp

Main meals

Cronus fell 11 % in 24 hours after a sudden increase in the activity. Whales are still sticking, and buyers have not yet retracted.

Cronos (CRO) has achieved great success – as it decreased more than 11 % in 24 hours. This is the sharp decrease given the extension of the last distinctive symbol of upward momentum.

What is interesting, though? The decrease comes properly as the number of active transmission addresses jumped.

But below the surface, some scales indicate the chain to a possible long -term gathering, indicating that the price correction may be in the short term.

Spike in the messengers – but buyers are still active

A short-term price correction coincides with an increase in active transmission addresses during the same period-a common indication of the profit achievement between retail holders.

More wallets move CRO, the gains are likely to close after the last batch.

Interestingly, this activity has not yet turned the entire market.

Source: Cryptoquant

Large requests are still falling in front of the aspects of buyers and whales do not show any signs of exit from the original.

In fact, some large portfolios have accumulated steadily since the last CRO penetration process around the 0.081 dollar sign – a major level where the price is unified before take off.

Source: Cryptoquant

Is this just a test?

The decrease can be simply a technical correction, aimed at filling the demand gap near $ 0.0863 – a price gap behind it during the last impulsive gathering.

If this gap fills and steps the size of the purchase side, it can reset the structure and give CRO bulls a new base to launch the next step.

Source: Trading Offer

The cumulative size Delta (CVD) is still preferred buyers. Although the price declined, the demand has not collapsed – a sign that the feelings below the graph may still be strong.

Source: Cryptoquant

Where will Crowe then head?

The big question now is whether CRO can settle above the support range from 0.085 to $ 0.086. If it continues and continues to accumulate, the bulls can regain control and pay the price towards the last highlands.

If short -term holders continue to discharge to decline, CRO can be pulled into a deeper correction stage.

Currently, though, whales are not clear – and it is usually a sign worth watching.