Cronos opened the day with a noticeable jump, traded at $0.1105 after an 11.29% rise before settling down at $0.1098, supported by a volume of $22.2 million.
Market watcher Nikxlaos highlighted that long liquidation levels sit tightly below the spot price. The key zones stretch across $0.098 and the deeper liquidity pool between $0.095 and $0.09, where any sharp drop could trigger cascading sell orders.
On the flip side, support emerges near the short-selling concentrations around $0.112 and stronger levels from $0.13 through $0.14, formed through various moves lower in Q4 2025.
Nikxlaos explained that rejection below $0.107 keeps the bearish retest valid. A move towards $0.09 may cause Cronos’ market cap to drop below $3.7 billion.
Traders may anticipate the initiation of a short squeeze if prices remain above current values and open doors towards $0.13-0.14 levels through test moves towards those values in October.
Also Read: Cronos Mainnet v1.5 “Smarturn” Upgrade Set for October 30 with EIP-7702 Support
A previous X post from Nikxlaos had highlighted the fact that $CRO got rejected at the 20-day simple moving average, which served to generate a sell signal and also left an unfilled gap back from the October 10 flash crash.
On the very same day, MCGA filed a draft Form S-4 registration statement with the U.S. SEC, and the market was the beneficiary of an additional storyline.
The organization is working towards creating a significant $CRO treasury to be funded by partner contributions.
Parameters of a constant sum pool include fixed token accumulation, as staking agents do through Crypto.com Custody for a focused 6% APY and running a validator node to add more staking incentives to secure the chain.
If the treasury grows at a fast pace, this could create permanent buy-side demand for the token.
As a listing hype, the model is reminiscent of corporate accumulation plays in large-cap digital assets, offering traditional traders an identifiable stock entry point to CRO exposure.
Cronos also remains relevant, although it’s not discussed frequently compared to other bigger networks. Cronos relies on different tech solutions. This includes support for the Ethereum Virtual Machine together with the Cosmos SDK and IBC.
This functionality enables Cronos to support Ethereum apps. Moreover, Cronos is able to communicate with other networks that are connected to the Cosmos world in cross-chain transactions.
Cronos has excellent scaling properties, minimal transaction charges, and fast finality times. This makes Cronos very suitable for heavy use scenarios such as games, asset tokens, DeFi applications, and Web3 applications with mass consumer use. The $CRO token has utility in transaction fees, staking, governance, and operating the network.
Also Read: Sui Foundation Partners with Crypto.com for Secure SUI Token Custody


