Key Takeaways
Cronos (CRO) Cryptocurrency continues gaining traction, with market capitalization reaching $3.52 billion
Crypto.com’s history of high-profile collaborations continues to attract investor interest.
Ongoing developments and expansions in the Crypto.com ecosystem support a bullish outlook for CRO.
Cronos (CRO) is the native cryptocurrency token of the Crypto.com Chain, a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. CRO aims to power the next generation of decentralized crypto assets and applications and enable real-time, low-cost transactions globally.
Cronos cross-bridge mainnet beta suggests a bright future for CRO. This feature aims to improve interoperability between significant blockchain ecosystems, potentially increasing CRO’s attractiveness to developers and users. CRO’s recent performance reflects robust market confidence. These factors combined present Cronos as a compelling investment opportunity within the dynamic cryptocurrency market.
Eminem’s involvement comes when Crypto.com has been actively expanding its visibility through various high-profile partnerships, such as with actor Matt Damon and major sports teams.
The blend of celebrity influence, such as Eminem’s endorsement, with significant tech developments like the Cronos cross-bridge, creates a unique market positioning that could lead to favorable outcomes in its pricing dynamics.
Overview
CryptocurrencyCronosTokenCROPrice$0.1329Market Cap$3,483,143,857Trading Volume$15,028,448Circulating Supply26,571,560,696All-time High$0.174437All-time Low$ 0.04882024 High$0.135124 Low$0.1317
Cronos Price Prediction: Technical Analysis
MetricValuePrice Prediction$0.148045 (10.39%)Volatility6.36%50-Day SMA$ 0.13592314-Day RSI52.20SentimentNeutralFear & Greed Index71 Green Days17/30 (57%)200-Day SMA$ 0.100732
Cronos Price Analysis: CRO Recovers at $0.1249 After a Bullish Movement
Cronos price analysis is bullish
CRO is forming an ascending channel
CRO/USD has stabilized above the $0.1200 mark
The Cronos price analysis indicates that the cryptocurrency regained some of its lost value and is now trading at $0.1249 after a bullish run. The CRO/USD pair has created an ascending channel for the past week, suggesting an imminent breakout to the upside. The bullish momentum is further supported by the increasing trading volume, which has slightly dropped today.
Cronos Price Analysis 1-day Chart: Bullish Momentum Picks up The Pace Forming an Uptrend
The daily chart for Cronos price analysis indicates a strong bullish trend as the CRO/USD pair touched the $0.1267 resistance level. The buyers are determined to push the price above $0.1300; however, they have faced brief selling pressure around this level and retreated to $0.1211.
CRO/USD 1-day price chart By TradingView
The Bollinger band indicator has narrowed, implying a decreased volatility in the market. A red candlestick has been observed above the middle band, indicating that the buyers control the momentum. The Relative Strength Index (RSI) is also rising, currently in the neutral region. The ADX indicator displays a value of 16.67, signifying a weak trend.
Cronos 4-hour Chart: Bullish Momentum Weakens as Bearish Persists
The hourly chart for the CRO/USD pair indicates that the buyers are slowly losing their grip on the market. The price has been trading at $0.1249 for some time, and if it drops below this level, then we can expect a correction toward the 9-period Moving Average.
CRO/USD 4-hour price chart By TradingView
The Bollinger Bands have widened slightly, indicating an increase in volatility. The red candlesticks have formed above the middle band, indicating bearish pressure. The Relative Strength Index (RSI) has dropped to 49.64 and is currently in the neutral region. The ADX indicator has moved to 23.65 levels, suggesting a strong trend in the market.
What To Expect From Cronos Price Analysis
Cronos’s price analysis is bullish despite the bearish pressure. The cryptocurrency trades above $0.1200 and appears to form an ascending channel. If buyers push the price above $0.1300, we could see a further increase in its value. However, we can expect a slight correction if the bears take control.
Cronos Technical Indicators: Levels And Action
Daily Simple Moving Average (SMA)
PeriodValueActionSMA 3$ 0.133871SELLSMA 5$0.132630BUYSMA 10$0.134260SELLSMA 21$0.130783BUYSMA 50$ 0.135923SELLSMA 100$ 0.122330BUYSMA 200$ 0.100732BUY
Daily Exponential Moving Average (EMA)
PeriodValueActionEMA 3$0.128558BUYEMA 5$0.129516BUYEMA 10$0.133255BUYEMA 21$0.137620SELLEMA 50$0.134549SELLEMA 100$0.122272BUYEMA 200$0.105758BUY
Cronos Price Prediction May 2024
Cryptocurrency experts are ready to announce their forecast for the Cronos price in May 2024. The minimum trading cost might be $0.1317, while the maximum might reach $0.1357 during this month. On average, it is expected that the value of CRO might be around $0.1338.
Cronos Price PredictionPotential LowPotential AveragePotential HighCronos Price Prediction May 2024$0.1317$0.1338$0.1357
Cronos Price Prediction 2024
According to the technical analysis of Cronos prices expected in 2024, the minimum cost of CRO will be $0.1600. The maximum level that the CRO price can reach is $0.1869. The average trading price is expected around $0.1665.
Cronos Price PredictionPotential LowPotential AveragePotential HighCronos Price Prediction 2024$0.1600$0.1665$0.1869
Cronos Price Prediction 2025-2030
YearMinimumAverageMaximum2025$0.2336$0.2420$0.28362026$0.3569$0.3690$0.40642027$0.5074$0.5258$0.60292028$0.7377$0.7640$0.89892029$1.05$1.08$1.272030$1.45$1.51$1.82
Cronos Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Cronos, in 2025, CRO is expected to have the following minimum and maximum prices: about $0.2336 and $0.2836, respectively. The average expected trading cost is $0.2420.
Cronos Price Prediction 2026
In 2026, the minimum CRO price might drop to $0.3569, while its maximum can reach $0.4064. On average, the trading cost will be around $0.3690.
Cronos Price Prediction 2027
Cronos price is forecast to reach a lowest possible level of $0.5074 in 2027. As per our findings, the CRO price could reach a maximum possible level of $0.6029 with the average forecast price of $0.5258.
Cronos Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Cronos. Based on their predictions, the estimated average CRO price will be around $0.7640. It might drop to a minimum of $0.7377, but it still might reach $0.8989 throughout 2028.
Cronos Price Prediction 2029
According to the deep technical analysis on past price data of CRO, In 2029 the price of Cronos is predicted to reach at a minimum level of $1.05. The CRO price can reach a maximum level of $1.27 with the average trading price of $1.08.
Cronos Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Cronos. It is estimated that CRO will be traded between $1.45 and $1.82 in 2030. Its average cost is expected at around $1.51 during the year.
Cryptopolitan’s Cronos (CRO) Price Prediction
Cronos price prediction by Cryptopolitan shows that, during the last month, the price of CRO has increased, adding a colossal average amount of $23.15 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Cronos Market Price Prediction: Analysts’ CRO Price Forecast
Cronos Price Prediction by Price Prediction net: The price prediction net indicates that the CRO price will soon keep rising. Based on their calculations, CRO is anticipated to reach its peak at approximately $0.2354 by the end of 2024 and remain between $0.3003 and $0.3647 until 2025. Additionally, according to the platform, the price of the cryptocurrency can hit $2.17 in 2030 and $4.46 in 2032.
CRO Price Prediction by Technewsleader: Technewsleader has a bullish outlook for CRO prices as well. According to their analysis, the cryptocurrency is expected to reach a maximum price of $0.77 in 1 year.CRO price is forecasted to trade at a range of $2.15 to $2.72 in 2027, with a maximum price target of $2.23 for the next 5 years. The long-term outlook for the cryptocurrency is positive and it could reach $8.62 in 2030. The platform also predicts that CRO could eventually reach as high as $10.84 in the next ten years.
CRO Price Prediction by Coincodex: According to Coincodex’s technical analysis, there are 3 bullish signals and 28 bearish signals for the CRO market at this time.In comparison, Facebook’s growth has been used to predict what CRO value could be by 2026.
CRO Price Prediction by Market Experts: Cronos cryptocurrency is a promising option for anyone looking to invest in cryptocurrencies, due to its lack of withdrawal or deposit fees. As the cryptocurrency market continues to expand, CRO can be expected to make waves within numerous markets, such as gaming and digital commerce. Although the future may seem unclear at this time, market analysts believe that CRO has outstanding potential ahead of it!
Cronos Historic Price Sentiment
According to the earliest price data obtained from Coinmarketcap, CRO kicked off with a market price of $0.01977 on December 14, 2018. The price quickly rose to $0.03729, and in the following months, CRO traded within a range of $0.012 – $0.024.
By March 12, 2019, CRO hit $0.07344 and continued to trend upwards over the next few days reaching above the $0.1 mark on March 15. CRO lost momentum towards the end of 2019 and ended the year at $0.03358.
In 2020, CRO was stable in the first few months, with minimal historical price movements and spikes. By the second half of 2020, CRO exceeded its highest market price of 2019 and crossed the $0.20 mark by August 21, 2020. CRO closed the year on a low and dropped to about $0.06.
2021 proved to be a good year for major cryptocurrencies such as BTC and ETH, as both touched new all-time highs. CRO was not left behind; it rode with the bullish crypto momentum by surpassing its highest point in 2020 and attaining its current ATH of $0.9698 on November 24. The upward surge in price experienced by the coin, especially in November, can be attributed to its listing on Coinbase Pro and Bitrue.
At the start of 2022, CRO began with an opening price of $0.5575. The coin has lost about 24.67% of its value and is currently trading at $0.4409.
On January 17, 2022, there were multiple reports about a possible security breach on the Crypto.com ecosystem. The platform acted accordingly by temporarily suspending withdrawals pending investigation. Kris Marszalek, its CEO, tweeted that the exchange has beefed up its security architecture and assured users that “all funds are safe.”