He studied art under Dimitrije Bačević, a well-known icon- and portrait painter, before taking monastic vows and entering the Vienna Academy in 1769.
During his lifetime he produced numerous icons and altarpieces that are still extant today in Serbian Orthodox and Roman Catholic churches and cathedrals throughout the province of Vojvodina.
His contemporaries were Stefan Tenecki, Dimitrije Popović, another student of Bačević, Jakov Orfelin, Georgije Mišković and Grigorije Davidović-Obšić.
The smaller one in the chapel of St. George in the choir area (now in the Gallery of Matica Srpska, Novi Sad) and the other, larger one, in the church which was the most representative structure of the Serbian baroque built between 1752 and 1762, by Metropolitan Pavle Nenadović.
Some of the historians point out the resemblance of Kračun's painting to the art of the great El Greco, which is characterized by the light-dark effects, vibrating movements and the interplay of draperies and the background.