Cronos (CRO) Price

Why Did Cronos (CRO) Fall in the Last 24 Hours?

The candlestick range was narrow and volume was about 150,000 CRO at 11:00 UTC on 2026-11-12, indicating limited activity during that interval. In the contemporaneous order book, sell depth across the top five levels was about 54,800 CRO versus roughly 13,600 CRO in buy depth, a ratio of 0.25. The largest sell order was about 41,900 CRO, or 76.5% of sell depth; buy orders were also concentrated but smaller. This imbalance means limited bids may be more exposed to concentrated selling, though a single snapshot cannot establish that the pressure will persist. Technical signals were mixed: the daily moving average leaned bearish with ADX at 40.83, while the four-hour moving average leaned bullish with a lower ADX; RSI was neutral and MACD showed no crossover. Cronos directs product revenue from Ult and Cronos Launch toward CRO buybacks and burns, which could provide buying demand if implemented at meaningful scale, while ongoing token unlocks may add supply pressure.