{"id":8967,"date":"2025-08-27T08:04:03","date_gmt":"2025-08-27T08:04:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cro-price-targets-16-upside-supported-by-trump-media-and-whales\/"},"modified":"2025-08-27T08:04:16","modified_gmt":"2025-08-27T08:04:16","slug":"cro-price-targets-16-upside-supported-by-trump-media-and-whales","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cro-price-targets-16-upside-supported-by-trump-media-and-whales\/","title":{"rendered":"CRO price targets 16% upside supported by TRUMP Media and whales"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">CRO price surged as much as 41% after Crypto.com partnered with Trump Media to establish a crypto treasury company focused on CRO. A rare pattern on the daily chart now signals further gains ahead.<\/p>\n<div id=\"cn-block-summary-block_5ed1cb2e5cb4e90de679aa7a882e33f7\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>CRO price extended its rally a day after Trump Media partnered with Crypto.com, up over 40%.<\/li>\n<li>The Cronos team has unveiled a new roadmap.<\/li>\n<li>CRO has confirmed a bullish breakout, which sets a target price of $0.26.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Cronos (CRO) was trading at $0.225 last check Tuesday, Aug. 27, morning Asian time, up over 80% from this month\u2019s low and 208% from its lowest point this year.<\/p>\n<p>The price rally came in a high-volume trading environment. Trading volume for CRO rose by over 1,300% in the past 24 hours, indicating that strong demand from spot traders fueled its rally today.<\/p>\n<p>There are three main catalysts that drove CRO\u2019s gains today.<\/p>\n<p>First, CRO rallied after Trump Media and Crypto.com announced a $6.4 billion deal to form a crypto treasury company via a SPAC merger with Yorkville Acquisition Corp.<\/p>\n<p>The firm will reportedly hold over $1 billion worth of CRO tokens. It will also integrate the CRO token into Truth Social and Truth+ platforms via Crypto.com\u2019s wallet infrastructure as a payment option and rewards medium.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Second, CRO surged as the Cronos team <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cronos_chain\/status\/1960324173987012945\" target=\"_blank\">unveiled<\/a> its 2025\u20132026 roadmap, titled The Golden Age of On-Chain Dominance.<\/p>\n<p>Cronos plans to scale its on-chain ecosystem and user adoption by shipping AI-ready, compliance-focused tokenization primitives, expanding through Crypto.com\u2019s massive user base. Further, it aims to unlock fresh demand for CRO via ETFs, ETPs, and digital asset treasuries.<\/p>\n<p>Third, the rally also seems to be supported by renewed demand from whales. A look at Santiment data shows a noticeable uptick in the number of wallets holding between 10,000 and 100 million CRO tokens over the past three days.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.santiment.net\/charts\/8eBGnmce__sCl\" target=\"_blank\">Santiment<\/a><\/figcaption><\/figure>\n<p>Such whale accumulation is often interpreted as a sign of growing confidence among informed or long-term investors. It can also serve as a bullish signal for retail participants, who frequently follow these wallet trends as confirmation of an asset\u2019s market strength and institutional interest.<\/p>\n<h1 class=\"wp-block-heading\">CRO price forms a rare pattern<\/h1>\n<p>On the daily chart, CRO has been trading within an ascending broadening wedge pattern since mid-July 2025.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1756281843_164_CRO-price-targets-16-upside-supported-by-TRUMP-Media-and.png\" alt=\"CRO price confirmed a bullish breakout from an ascending broadening wedge on the daily chart.\" class=\"wp-image-14409197\"><figcaption class=\"wp-element-caption\">CRO price confirmed a bullish breakout from an ascending broadening wedge on the daily chart \u2014 Aug. 27 | Source: crypto.news<\/figcaption><\/figure>\n<p>An ascending broadening wedge is a relatively rare bearish formation characterized by two diverging upward-sloping trendlines, typically indicating rising volatility and potential exhaustion of bullish momentum.<\/p>\n<p>However, in CRO\u2019s case, the price broke out above the upper boundary of the wedge on Monday, signaling an invalidated bearish setup and a possible continuation of the uptrend.<\/p>\n<p>CRO also trades above all key simple moving averages, with the 50-day SMA recently crossing above the 200-day SMA, a technical event known as a golden cross and viewed as a long-term bullish signal by traders.<\/p>\n<p>Momentum indicators further support the bullish outlook. The MACD line has crossed above the signal line, and the histogram bars are expanding in positive territory, reflecting growing bullish momentum.<\/p>\n<p>Based on this setup, the next immediate target for CRO lies at $0.260, representing a 16% upside from current levels. A decisive breakout above this level could pave the way toward the next psychological resistance at $0.280, potentially accelerating further gains.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CRO price surged as much as 41% after Crypto.com partnered with Trump Media to establish a crypto treasury company focused on CRO. A rare pattern on the daily chart now&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8967"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8967\/revisions"}],"predecessor-version":[{"id":8968,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8967\/revisions\/8968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4369"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}