Key takeaways
- The CRO price prediction for 2024 shows it will reach a maximum level of $0.0935 and an average price of $0.0886.
- By 2027, CRO could reach a maximum value of $0.3424, with an average trading price of $0.2965.
- Cronos is expected to reach a maximum level of $1.12 in 2030.
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 in market sentiment and 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
Cryptocurrency | Cronos |
Token | CRO |
Price | $0.07127 |
Market Cap | $1.89B |
Trading Volume | $5.21M |
Circulating Supply | 26.57B CRO |
All-time High | $0.9698 Nov 24, 2021 |
All-time Low | $0.01149 Dec 17, 2018 |
24-h High | $0.07231 |
24-h Low | $0.06997 |
Cronos Price Prediction: Technical Analysis
Metric | Value |
Price Prediction | $ 0.090022 (25.55%) |
Volatility | 2.90% |
50-Day SMA | $ 0.079282 |
14-Day RSI | 34.18 |
Sentiment | Bearish |
Fear & Greed Index | 69 (Greed) |
Green Days | 13/30 (43%) |
200-Day SMA | $ 0.097521 |
Cronos price analysis: CRO signals bullish breakout amidst high trading volume
Key takeaways
- Cronos price analysis reveals a price surge to $0.1814
- Cronos showcases a bullish pattern on the daily chart, indicating continued momentum despite nearing overbought conditions.
- Cronos is facing resistance at $0.1929, the recent peak
Cronos CRO analysis reveals a significant uptick in market activity as the cryptocurrency breaks out of a prolonged trading range. Today, November 20th, the price of Cronos CRO has surged to $0.1814, marking an 8.01% increase over the past 24 hours. This upward movement is underpinned by a substantial increase in trading volume, which has escalated by 157.88%, reaching $168.11 million. Such robust trading activity signals a heightened interest from investors and indicates potential momentum in the market.
The cryptocurrency market has witnessed Cronos CRO making remarkable gains, particularly in the past two weeks when it skyrocketed by 230% within a mere week before experiencing a slight retracement. This swift rise was propelled from the lower bounds of a range established over the past four months, identified on technical charts with a purple marker. Despite the recent pullback from its peak at $0.2329, the price trajectory of Cronos suggests a bullish sentiment among traders.
CRO/USD daily chart analysis: CRO forms a promising bullish pattern
The trading chart for Cronos (CRO/USD) illustrates a significant upswing in its recent price movement. On the latest update, the coin has reached a high of $0.1929 and later adjusted to $0.1828. This rally is reinforced by a bullish crossover in the Moving Average Convergence Divergence (MACD), where the MACD line overtakes the signal line, signaling a potential upward trend. The expansion in the histogram further supports the strength of this price increase.
The Relative Strength Index (RSI) stands at 72.54, nearing the overbought threshold of 75. This level suggests a strong market momentum but also indicates a need for caution, as a possible pullback may occur once the market reaches the overbought status. The Exponential Moving Averages (EMAs) for 20, 50, 100, and 200 days converge below the current price, confirming that the short-term trend has turned bullish. The sharp rise in the 20-day EMA notably highlights the recent surge in price.
Given the observed technical indicators, traders should consider looking for potential pullbacks as opportunities for entry, particularly if the RSI crosses into the overbought zone and begins to normalize. Implementing stop-loss orders beneath critical EMA levels (ranging from $0.1405 to $0.1120) could provide a safety net against potential trend reversals. Should CRO sustain its current momentum above these EMAs, further bullish movements could be on the horizon, potentially testing the recent peak of $0.1929.
Cronos price analysis on the 4-hour chart: Bulls command as CRO eyes new heights
Cronos (CRO) exhibits a promising upward trend in the 4-hour trading chart, as evidenced by recent market activities. This movement is part of a broader bullish trend observed over the past few weeks, where the price has consistently made higher lows and higher highs, indicating a robust buying interest at progressively higher price levels.
The technical indicators on the 4-hour chart further illuminate the bullish sentiment surrounding CRO. The Moving Average Convergence Divergence (MACD) remains in positive territory, with the MACD line (blue) well above the signal line (orange), suggesting that the bullish momentum has some room to continue. Moreover, the histogram bars, which measure the distance between the MACD line and the signal line, are growing, further confirming the strength of the current uptrend.
The liquidation heatmap has been a critical tool for investors, highlighting essential support and resistance levels. The clusters of liquidation at $0.142 and $0.20 suggest these are pivotal points that could attract the price in future sessions. A bounce from these levels could affirm the current bullish momentum, potentially driving prices toward the following targets of $0.27 and $0.33.
The trading volume, a crucial market sentiment indicator, has been exceptionally high. On November 6th, the volume spiked to 50.27 million CRO, and by November 11th, it had surged to an astounding 308.16 million CRO on Coinbase alone. This dramatic increase is indicative of significant investor interest and might reflect a broader market movement.
What to expect from Cronos price analysis
According to the Cronos price analysis for today, traders should consider looking for potential pullbacks as opportunities for entry, particularly if the RSI crosses into the overbought zone and begins to normalize. Implementing stop-loss orders beneath critical EMA levels (ranging from $0.1405 to $0.1120) could provide a safety net against potential trend reversals. Should CRO sustain its current momentum above these EMAs, further bullish movements could be on the horizon, potentially testing the recent peak of $0.1929. Traders are advised to stay alert to any MACD and RSI signal shifts to adapt their strategies effectively.
Cronos Technical Indicators: Levels And Action
Daily Simple moving average (SMA)
Period | Value | Action |
SMA 3 | $0.074042 | SELL |
SMA 5 | $0.07353 | SELL |
SMA 10 | $0.073946 | SELL |
SMA 21 | $0.076455 | SELL |
SMA 50 | $0.079282 | SELL |
SMA 100 | $0.081782 | SELL |
SMA 200 | $0.097521 | SELL |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $0.075599 | BUY |
EMA 5 | $0.076277 | BUY |
EMA 10 | $0.077136 | BUY |
EMA 21 | $0.078611 | SELL |
EMA 50 | $0.081062 | SELL |
EMA 100 | $0.085649 | SELL |
EMA 200 | $0.091905 | SELL |
Is Cronos a good investment?
Investing in Cronos offers a strategic opportunity in decentralized finance (DeFi) and digital assets. As the native token of the Crypto.com chain, Cronos supports DeFi, NFTs, and decentralized apps, benefiting from interoperability with ecosystems like Ethereum and Cosmos. Its energy efficiency, fast transactions, and low fees enhance its appeal. With a strong total value locked (TVL) and promising future growth projections, Cronos stands out as a compelling long-term investment in the blockchain space.
Will Cronos recover?
Cronos (CRO) shows potential for recovery, as Crypto.com aims to broaden its financial services with ambitious 2025 plans. The platform intends to launch its own stablecoin, introduce ETFs, and offer stock trading options, targeting a deeper integration with traditional finance and expanding its user base in the U.S. market.
Will Cronos reach $0.15
Based on long-term forecasts, Cronos (CRO) is projected to reach $0.15 by 2025 as its ecosystem and user adoption continue to grow.
Will Cronos reach $1
Projections for Cronos estimate it could reach $1 by 2030, driven by its expansion in DeFi, NFT integrations, and partnerships.
Will Cronos reach $100?
It is unlikely that Cronos’s price will reach $100, as this would require an extremely high market capitalization, beyond the current Cro coin price prediction for the crypto sector.
Does Cronos have an excellent long-term future?
Cronos CRO holds promising long-term potential due to Crypto.com’s ongoing innovations, such as DEX expansions, NFT integration, and metaverse applications, which collectively enhance CRO’s appeal and utility. These strategic initiatives, along with CRO’s liquidity and staking rewards, position it as a solid investment for those with a long-term perspective
Recent news/opinion on Cronos
- Crypto.com unveils its 2025 roadmap, expanding to stock trading, fiat services, and enhanced rewards. New initiatives include Cronos L2 chain, CROFAM token, and Level Up perks.https://x.com/cryptocom/status/1853995230774833441
- Cronos Chain has announced the opening of voting for a proposal to burn 50 million CRO tokens on its Proof-of-Stake (POS) chain. Validators have two weeks to decide on the proposal, while delegators are urged to align with their chosen validators to influence the outcome. This initiative, aimed at potentially reducing the circulating supply of CRO, could have significant implications for the ecosystem. Community members can access detailed proposal information on GitHub and monitor the voting status via Mintscan, highlighting the collaborative approach to shaping the chain’s future.
CRO price prediction November 2024
For November, Cronos (CRO) is primed for notable growth. The minimum projected trading price is $0.08529, with an average of around $0.08712. CRO is expected to attain a peak price of $0.09202.
Month | Potential Low | Potential Average | Potential High |
November | $0.08529 | $0.08712 | $0.09202 |
CRO price prediction 2024
In Q4 2024, experts suggest Cronos will trade at a minimum price of $0.0854 and a maximum price of $0.0935. The average trading price is expected to be around $0.0886.
Cronos Price Prediction | Potential Low | Potential Average | Potential High |
Cronos Price Prediction 2024 | $0.0854 | $0.0886 | $0.0935 |
CRO price prediction 2025-2030
Year | Minimum Price | Average Price | Maximum Price |
2025 | $0.1315 | $0.1351 | $0.1505 |
2026 | $0.1947 | $0.2001 | $0.2289 |
2027 | $0.2885 | $0.2965 | $0.3424 |
2028 | $0.4404 | $0.4522 | $0.5078 |
2029 | $0.6518 | $0.6699 | $0.7594 |
2030 | $0.9371 | $0.9639 | $1.12 |
CRO Price Prediction 2025-2030
Cronos price prediction 2025
The Cronos price prediction for 2025 suggests a minimum of $0.1315, a maximum level of $0.1505, and an average price of $0.1351.
CRO price prediction 2026
In 2026, the price of Cronos is predicted to reach a minimum of $0.1947. CRO can reach a maximum level of $0.2289 with an average trading price of $0.2001.
CRO price prediction 2027
The Cronos price prediction for 2027 suggests a minimum value of $0.2885, a maximum value of $0.3424, and an average trading price of $0.2965.
CRO price prediction 2028
As per findings, the CRO price could get the maximum possible and highest price level of $0.5078 with an average forecast price of $0.4522.
CRO price prediction 2029
In 2029, the price of Cronos is predicted to reach a minimum of $0.6518. CRO can reach a maximum price of $0.7594 with an average trading price of $0.6699.
Cronos CRO price prediction 2030
The price of CRO is predicted to reach a minimum of $0.9371 in 2030. It can further reach a maximum price of $1.12 with an average price of $0.9639.
Cryptopolitan’s Cronos CRO Price Prediction
According to our Cronos price forecast, the coin’s market price might reach a maximum value of $0.0935 by the end of 2024. By 2026, investors can anticipate an average price of $0.1947 and a maximum price of $0.2289 provided the market is bullish.
Cronos market price prediction: Analysts’ CRO Price Forecast
Firm | 2024 | 2025 |
Gov.Capital | $0.09 | $0.14 |
DigitalCoinPrice | $0.16 | $0.18 |
CryptoPredictions | $0.17 | $0.19 |
Cronos historic price sentiment
- CRO launched at $0.01977 in December 2018, and saw early fluctuations, hitting $0.07344 by March 2019, but ended 2019 at $0.03358. In 2020, it rose steadily, reaching above $0.20 by August before dropping to $0.06 by year-end.
- In 2021, CRO followed the crypto bull run, surpassing previous highs and achieving an all-time high of $0.9698 on November 24, boosted by listings on Coinbase Pro and Bitrue.
- CRO opened 2022 at $0.5575 but fell to $0.4409, partially due to concerns over a potential security breach on the Crypto.com platform, which temporarily suspended withdrawals in January.
- In 2023, Cronos experienced a peak in mid-March near $0.80, followed by a steep decline and stabilization around $0.20 by mid-year, maintaining a slight oscillation around this range in the following months.
- CRO entered 2024 with a modest recovery, climbing from around $0.05 in late 2023 to $0.10 by January. A significant rally in March took the price to its yearly high of $0.18 before a steady decline brought it down to approximately $0.12 by June.
- From July to October 2024, CRO’s price stabilized within a range of $0.08 to $0.10, with the most recent price point in October around $0.081. In November, CRO is trading between $0.07193 to $0.09521.