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.
The broader adoption of the Cronos blockchain, especially with technological upgrades like the support for the 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 alike. Furthermore, CRO’s recent performance, including breaking past resistance levels and achieving new highs, reflects a robust market confidence. These factors combined present Cronos as a compelling investment opportunity within the dynamic cryptocurrency market.
The recent announcement of the iconic rapper Eminem as a brand ambassador for Crypto.com has given a substantial boost to the market sentiment surrounding Cronos. The news triggered a notable price surge, reflecting the positive impact of celebrity endorsements on cryptocurrency values. Eminem’s involvement comes at a time 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 | $0.1329 |
| Market Cap | $3,483,143,857 |
| Trading Volume | $15,028,448 |
| Circulating Supply | 26,571,560,696 |
| All-time High | $0.174437 |
| All-time Low | $ 0.048820 |
| 24 High | $0.1351 |
| 24 Low | $0.1317 |
Cronos Price Prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $0.148045 (10.39%) |
| Volatility | 6.36% |
| 50-Day SMA | $ 0.135923 |
| 14-Day RSI | 52.20 |
| Sentiment | Neutral |
| Fear & Greed Index | 71 |
| Green Days | 17/30 (57%) |
| 200-Day SMA | $ 0.100732 |
Cronos Price Analysis: Bullish Pattern Sets CRO as Price Target $0.1329
- Cronos price analysis is bullish amid bearish pressure
- CRO is trading at $0.1329, up by 0.40 percent
- CRO face strong resistance at $0.1351
The Cronos price analysis is bullish. Despite the bearish pressure, the bulls take the lead. The CRO/USD pair is trading at $0.1329, up by 0.40 percent since the last 24 hours. CRO kicked off today’s session on a low note at $0.1315 before the bulls took charge and pushed to $0.1351 resistance level, The bulls must establish a bullish pattern and break above at $0.1400 to set a new rally.
Cronos Price Analysis Daily Chart: Bullish Momentum Prevails as CRO Hits $0.1329
According to the daily chart for Cronos, the bulls have established a bullish pattern and pushed out of the bearish channel. As seen on the chart, there is strong support at $0.1315 and resistance at $0.1351 levels. If the bulls manage to break through these levels, then they will be looking at prices near $0.1391 in no time.
CRO/USD 1-day price chart By; TradingView
The RSI indicator also favors the bulls as it has climbed above the neutral zone. This indicates that buyers are in control, and the price could rise further. The MACD indicator is also in bullish territory, signaling a strong upward trend.
Cronos 4-hour Chart: CRO Bulls Lose Momentum Amid High Trading Volume
The hourly chart for CRO/USD shows that the bulls have lost some momentum over the past few hours. The price currently trades at $0.1351, with signs of bearish exhaustion. The sellers are looking to take control and push the price lower, but the buyers have managed to keep it at bay.
CRO/USD 4-hour price chart By; TradingView
The RSI indicator is hovering around 52.67, which suggests that the buying pressure is still intact even though the bears are making a strong comeback. The Moving Average Convergence Divergence (MACD) has turned bearish, with the MACD line crossing below the signal line.
What to Expect From Cronos Price Analysis
Cronos price analysis shows that the bulls are in control and have established a bullish pattern. The buyers need to break past the $0.1351 resistance to set a new rally toward the $0.1400 level. However, if the sellers manage to take control, we could see prices dropping back lower toward the $0.1305 level.
Cronos Technical Indicators: Levels And Action
Daily Simple Moving Average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.133871 | SELL |
| SMA 5 | $0.132630 | BUY |
| SMA 10 | $0.134260 | SELL |
| SMA 21 | $0.130783 | BUY |
| SMA 50 | $ 0.135923 | SELL |
| SMA 100 | $ 0.122330 | BUY |
| SMA 200 | $ 0.100732 | BUY |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
| EMA 3 | $0.128558 | BUY |
| EMA 5 | $0.129516 | BUY |
| EMA 10 | $0.133255 | BUY |
| EMA 21 | $0.137620 | SELL |
| EMA 50 | $0.134549 | SELL |
| EMA 100 | $0.122272 | BUY |
| EMA 200 | $0.105758 | BUY |
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 Prediction | Potential Low | Potential Average | Potential High |
| Cronos 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 Prediction | Potential Low | Potential Average | Potential High |
| Cronos Price Prediction May 2024 | $0.1600 | $0.1665 | $0.1869 |
| Year | Minimum | Average | Maximum |
| 2025 | $0.2336 | $0.2420 | $0.2836 |
| 2026 | $0.3569 | $0.3690 | $0.4064 |
| 2027 | $0.5074 | $0.5258 | $0.6029 |
| 2028 | $0.7377 | $0.7640 | $0.8989 |
| 2029 | $1.05 | $1.08 | $1.27 |
| 2030 | $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
The experts in the field of cryptocurrency have analyzed the prices of Cronos and their fluctuations during the previous years. It is assumed that 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 our 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 Price History
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 price 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.
