Latest CROSS (CROSS) Price Analysis

By CMC AI
02 February 2026 02:45AM (UTC+0)

Why is CROSS’s price down today? (02/02/2026)

TLDR

CROSS fell 0.5% in the past 24h, part of a broader 8.4% weekly decline. Key factors include post-CROSS Wave 2.0 profit-taking, weak altcoin sentiment, and technical bearishness.

  1. Post-Campaign Sell Pressure – CROSS Wave 2.0 creator rewards launched Feb 1, triggering "sell the news" activity.

  2. Market-Wide Risk-Off Sentiment – Crypto market cap fell 2.7% as Fear & Greed Index hit "Extreme Fear" (15/100).

  3. Technical Breakdown – Price below key SMAs with RSI-14 at 32.7 signaling bearish momentum.

Deep Dive

1. CROSS Wave 2.0 Sell-Off (Bearish Impact)

Overview: The CROSS Wave 2.0 campaign went live on February 1, offering Web3 creator incentives tied to CROSS holdings. While initial participation drove a 26% price surge in January, the 24h drop aligns with profit-taking after the launch.

What this means: Events that require token holdings often see pre-event accumulation followed by post-launch selling as participants cash out rewards. With CROSS already down 15.5% monthly, weak follow-through on the campaign’s user growth metrics likely amplified selling.

2. Altcoin Liquidation Pressure (Bearish Impact)

Overview: The global crypto market fell 2.7% ($2.59T) with altcoins underperforming – Bitcoin dominance rose to 59.22% as investors fled risk. CROSS’s 24h volume dropped 16% to $4.4M, signaling fading momentum.

What this means: In "Extreme Fear" environments (per the Fear & Greed Index), low-liquidity altcoins like CROSS (turnover 0.116) face amplified sell pressure. The token’s -8.4% weekly loss outpaces Bitcoin’s -2.7%, reflecting its high-beta nature.

3. Technical Breakdown (Bearish Impact)

Overview: Price ($0.114) sits below the 7-day SMA ($0.118) and 30-day SMA ($0.128). The MACD histogram (-0.0014) shows bearish acceleration, while RSI-14 (32.7) nears oversold territory but lacks reversal signals.

What this means: Until CROSS reclaims $0.118 (7-day SMA), the technical setup favors shorts. The 23.6% Fibonacci retracement at $0.137 now acts as resistance – a break above this could signal trend reversal.

Conclusion

CROSS’s dip reflects profit-taking after its creator campaign launch, compounded by sector-wide risk aversion and weak technicals. While oversold conditions might invite bargain hunters, the token remains vulnerable to further outflows if Bitcoin dominance keeps rising.

Key watch: Can CROSS Wave 2.0 drive measurable user growth by Feb 5, or will the sell-off deepen amid shrinking altcoin liquidity?

Why is CROSS’s price up today? (30/01/2026)

TLDR

CROSS rose 1.14% over the last 24h, diverging from the broader crypto market's 2.19% decline. This gain reverses its 7-day downward trend (-2.69%) and signals potential momentum shifts. Key drivers:

  1. CROSS Wave 2.0 Anticipation – Upcoming creator rewards program fuels demand.

  2. Technical Rebound – Oversold RSI conditions triggered buying.

  3. Exchange Momentum – Recent Indonesian exchange listing extends accessibility.

Deep Dive

1. CROSS Wave 2.0 Campaign (Bullish Impact)

Overview: On January 19, 2026, CROSS announced Wave 2.0 – a creator rewards program launching February 1 that incentivizes content creation in its gaming ecosystem (CROSS).
What this means: Projects requiring token holding for participation historically drive short-term demand. With rewards paid in CROSS, users may accumulate tokens pre-launch, increasing buy pressure. The timing aligns with the price uptick, suggesting speculative positioning.
What to look out for: Participant uptake and reward distribution metrics post-February 1 launch.

2. Technical Rebound (Bullish Impact)

Overview: CROSS’s 7-day RSI hit 32.9 this week – below the oversold threshold of 30 – signaling exhaustion in selling pressure.
What this means: Oversold RSI often precedes short-term bounces as traders capitalize on discounted entries. The 1.14% gain coincides with this technical reset, indicating algorithmic and retail buying.
What to look out for: Sustained recovery requires RSI holding above 50 and price breaking the 7-day SMA resistance at $0.122.

3. Regulatory & Exchange Expansion (Bullish Impact)

Overview: Indonesia’s Commodity Futures Exchange (CFX) whitelisted CROSS on August 20, 2025, enabling regulated trading access (CROSS).
What this means: Regulatory approval in high-growth markets like Southeast Asia improves investor confidence and liquidity. Combined with recent exchange listings (Biconomy, BitMart), this expands CROSS’s investor base, supporting price stability.

Conclusion

CROSS’s gain reflects anticipation for its creator ecosystem, technical buying, and expanded market access – though it remains below key moving averages.
Key watch: Can Wave 2.0 participation metrics validate bullish sentiment after February 1?

CMC AI can make mistakes. Not financial advice.