Date: Thu, Aug 21, 2025 | 06:04 AM GMT
The cryptocurrency market is rebounding from the recent pullback as Ethereum (ETH) climbs back to $4,300, posting a 3% daily gain. This momentum has lifted sentiment across the broader altcoin market, including Chromia (CHR).
CHR has surged by an impressive 10% in the past 24 hours and is now showing a bullish technical structure that bears a striking resemblance to the breakout recently seen in Bio Protocol (BIO).
CHR Mirrors BIO’s Breakout Structure
BIO’s price action provides a useful roadmap. Earlier this year, BIO broke out of a classic falling wedge pattern—a well-recognized bullish reversal formation. After the breakout, the token consolidated just below a resistance zone (highlighted in red on the chart). Once this barrier gave way, BIO regained strong momentum, reclaiming multiple resistance levels and ultimately delivering a 124% rally.
Now, CHR is beginning to follow the same path. The token has already broken out of its own falling wedge pattern and is currently testing a critical resistance zone around $0.1083—marked in red on the chart.
What’s Next for CHR?
If this fractal continues to unfold, a successful breakout above $0.1083 could act as the catalyst for a fresh rally. From there, CHR could climb toward the next resistance levels at $0.1457 and $0.2337—a potential 122% upside from current prices, mirroring BIO’s explosive move.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.