Monday, December 5, 2022
 

Cronos (CRO) Price Prediction: Will CRO reach $0.7 in 2022?

  • Bullish CRO price prediction ranges from $0.2186 to $0.6707.
  • CRO price might also reach $0.7 this 2022.
  • CRO’s bearish market price prediction for 2022 is $0.0924.

Cronos (CRO) is the native token of the cryptocurrency exchange Crypto.com. It was formally an Ethereum ERC-20 token before it migrated to its blockchain. CRO has gained 4.2% in the past 1 year.

CRO investors are bullish on the token since it has had a return on investment (ROI) of over 11.6 times in the past 3 years. CRO attained its present all-time high (ATH) of $0.9698 in November 2021. Irrespective of the recent crypto winter, CRO investors are positive about its future.

If you are interested in the future of Cronos (CRO) and would want to know the price analysis and price prediction of CRO for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Cronos (CRO)?

Crypto.com exchange was founded in 2016. The co-founders of the exchange are Kris Marszalek, Rafael Melo, Bobby Boa, and Gary Or.

One of the reasons why the exchange is the favorite of over 50 million cryptocurrency users is that it supports deposits with Credit cards and also offers cash backs that are up to 5% for users that deposit with their card.

Its native token CRO was launched in 2018. Cronos holders receive discounts on their transactions in the exchange. Cronos blockchain can cover over 2.7m transactions per second (TPS). The Crypto.com app is one of the most cryptocurrency exchange applications in the world.

Cronos (CRO) Current Market Status

The maximum supply of Cronos (CRO) is 30,263,013,692 while its circulating supply is 25,263,013,692 CRO according to CoinMarketCap. At the time of writing, CRO is trading for $0.1518 which represents 24 hours decrease of 1.64%. The trading volume of Cronos in the past 24 hours is $19.13 million which represents a 5.11% decrease.

Some of the top cryptocurrencies for trading Cronos (CRO) are Crypto.com, Huobi Global, Kucoin, FTX, Gate.io, and others.

Now that you have known what CRO is and its current market status, we shall discuss the price analysis of Cronos (CRO) for 2022.

Cronos (CRO) Price Analysis 2022

Currently, CRO is ranked in the 25th position on CoinMarketCap. Will developments and upgrades within the Cronos ecosystem lead to a rise in the price of Cronos (CRO)? We shall see this in this CoinEdition price analysis 2022 article.

Cronos (CRO) Price Analysis- Keltner Channel

CRO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
CRO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Cronos (CRO), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of CRO might be sustained before any reversal would be expected.

Cronos (CRO) Price Analysis- Relative Strength Index

CRO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
CRO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Cronos (CRO) 1day chart of CRO/USDT is at 59.63.  This shows that CRO is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Cronos (CRO) Price Prediction-Moving Averages

CRO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
CRO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of CRO 200-day and 100-day Moving Average (MA). Presently, CRO is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can reduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Cronos (CRO) might experience a rise in the price of CRO in the future.

Cronos (CRO) Price Prediction 2022

CRO/USDT 1Day Chart (Source: Tradingview)
CRO/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Cronos (CRO) was ranging between $0.4669 at the resistance4 level and $0.2186 at the resistance1 level, in the past few weeks, and then touched the $0.0924 support level.

Irrespective of this sideways movement in the price of CRO, we can deduce the following:

  1. The price of Cronos (CRO) is expected to reverse at the $0,2186 resistance1 level before reversing. If investors have their way, the price of CRO could surge higher to the $0.3290 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at the resistance1 level, could lead to a further decrease in the price of CRO up to the support level at $0.0924, until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term CRO price prediction for 2022 is bullish since it might break many psychological resistances. We can expect CRO to reach $0.7 this year.

Cronos (CRO) Price Prediction-Resistance and Support Levels

CRO/USDT 1Day Chart (Source: Tradingview)
CRO/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of CRO has increased by 13% in the past 14 days. If this price increase continues, CRO could break the $0.2186 resistance1 level and move higher to $0.6707 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of CRO might be dethroned from its present uptrend position. In simpler terms, CRO might trend below the $0.0924 support3 level, and even lower in 2022, a bearish signal.

Cronos (CRO) Price Prediction 2023

Cronos (CRO)) might hit $1 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of CRO will see rapid growth to $0.9. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more CRO thereby reducing its volume in circulation. This could make the price of CRO reach $1 shortly.

Cronos (CRO) Price Prediction 2024

Cronos (CRO) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $2, making it not plummet but play consistently. Additionally, this could only be possible if CRO breaks through past psychological resistance levels.

Cronos (CRO) Price Prediction 2025

Cronos (CRO) prices might grow past $4 during the next three years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2026

Cronos (CRO) prices might grow past $8 during the next four years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2027

Cronos (CRO) prices might grow past $10 during the next five years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2028

Cronos (CRO) prices might grow past $12 during the next six years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2029

Cronos (CRO) prices might grow past $16 during the next seven years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2030

Cronos (CRO) prices might grow past $20 during the next eight years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Cronos might reach $0.7 in 2022 and $20 by 2030 if investors have decided that CRO is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Cronos (CRO)?

CRO is the native token of the Cronos blockchain.

How to buy Cronos Token?

Like other cryptocurrencies, Cronos (CRO) can be traded in cryptocurrency exchanges like Crypto.com, Huobi Global, Kucoin, Gate.io, Kraken, and others.

Will Cronos (CRO) surpass its present ATH?

Cronos has a low possibility of surpassing its present all-time high (ATH) price of $0.9698 in 2022.

When was Cronos (CRO) launched?

It was launched in 2018.

What will be the Cronos (CRO) price by 2023?

Cronos (CRO) price is expected to reach $1 by 2023.

What will be the Cronos (CRO) price by 2024?

Cronos (CRO) price is expected to reach $2 by 2024.

What will be the Cronos (CRO) price by 2025?

Cronos (CRO) price is expected to reach $4 by 2025.

What will be the Cronos (CRO) price by 2026?

Cronos (CRO) price is expected to reach $8 by 2026.

What will be the Cronos (CRO) price by 2027?

Cronos (CRO) price is expected to reach $10 by 2027.

What will be the Cronos (CRO) price by 2028?

Cronos (CRO) price is expected to reach $12 by 2028.

What will be the Cronos (CRO) price by 2029?

Cronos (CRO) price is expected to reach $16 by 2029.

What will be the Cronos (CRO) price by 2030?

Cronos (CRO) price is expected to reach $20 by 2030.

More Crypto Price Predictions:

  • Bullish CRO price prediction ranges from $0.2186 to $0.6707.
  • CRO price might also reach $0.7 this 2022.
  • CRO’s bearish market price prediction for 2022 is $0.0924.

Cronos (CRO) is the native token of the cryptocurrency exchange Crypto.com. It was formally an Ethereum ERC-20 token before it migrated to its blockchain. CRO has gained 4.2% in the past 1 year.

CRO investors are bullish on the token since it has had a return on investment (ROI) of over 11.6 times in the past 3 years. CRO attained its present all-time high (ATH) of $0.9698 in November 2021. Irrespective of the recent crypto winter, CRO investors are positive about its future.

If you are interested in the future of Cronos (CRO) and would want to know the price analysis and price prediction of CRO for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Cronos (CRO)?

Crypto.com exchange was founded in 2016. The co-founders of the exchange are Kris Marszalek, Rafael Melo, Bobby Boa, and Gary Or.

One of the reasons why the exchange is the favorite of over 50 million cryptocurrency users is that it supports deposits with Credit cards and also offers cash backs that are up to 5% for users that deposit with their card.

Its native token CRO was launched in 2018. Cronos holders receive discounts on their transactions in the exchange. Cronos blockchain can cover over 2.7m transactions per second (TPS). The Crypto.com app is one of the most cryptocurrency exchange applications in the world.

Cronos (CRO) Current Market Status

The maximum supply of Cronos (CRO) is 30,263,013,692 while its circulating supply is 25,263,013,692 CRO according to CoinMarketCap. At the time of writing, CRO is trading for $0.1518 which represents 24 hours decrease of 1.64%. The trading volume of Cronos in the past 24 hours is $19.13 million which represents a 5.11% decrease.

Some of the top cryptocurrencies for trading Cronos (CRO) are Crypto.com, Huobi Global, Kucoin, FTX, Gate.io, and others.

Now that you have known what CRO is and its current market status, we shall discuss the price analysis of Cronos (CRO) for 2022.

Cronos (CRO) Price Analysis 2022

Currently, CRO is ranked in the 25th position on CoinMarketCap. Will developments and upgrades within the Cronos ecosystem lead to a rise in the price of Cronos (CRO)? We shall see this in this CoinEdition price analysis 2022 article.

Cronos (CRO) Price Analysis- Keltner Channel

CRO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
CRO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Cronos (CRO), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of CRO might be sustained before any reversal would be expected.

Cronos (CRO) Price Analysis- Relative Strength Index

CRO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
CRO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Cronos (CRO) 1day chart of CRO/USDT is at 59.63.  This shows that CRO is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Cronos (CRO) Price Prediction-Moving Averages

CRO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
CRO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of CRO 200-day and 100-day Moving Average (MA). Presently, CRO is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can reduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Cronos (CRO) might experience a rise in the price of CRO in the future.

Cronos (CRO) Price Prediction 2022

CRO/USDT 1Day Chart (Source: Tradingview)
CRO/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Cronos (CRO) was ranging between $0.4669 at the resistance4 level and $0.2186 at the resistance1 level, in the past few weeks, and then touched the $0.0924 support level.

Irrespective of this sideways movement in the price of CRO, we can deduce the following:

  1. The price of Cronos (CRO) is expected to reverse at the $0,2186 resistance1 level before reversing. If investors have their way, the price of CRO could surge higher to the $0.3290 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at the resistance1 level, could lead to a further decrease in the price of CRO up to the support level at $0.0924, until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term CRO price prediction for 2022 is bullish since it might break many psychological resistances. We can expect CRO to reach $0.7 this year.

Cronos (CRO) Price Prediction-Resistance and Support Levels

CRO/USDT 1Day Chart (Source: Tradingview)
CRO/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of CRO has increased by 13% in the past 14 days. If this price increase continues, CRO could break the $0.2186 resistance1 level and move higher to $0.6707 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of CRO might be dethroned from its present uptrend position. In simpler terms, CRO might trend below the $0.0924 support3 level, and even lower in 2022, a bearish signal.

Cronos (CRO) Price Prediction 2023

Cronos (CRO)) might hit $1 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of CRO will see rapid growth to $0.9. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more CRO thereby reducing its volume in circulation. This could make the price of CRO reach $1 shortly.

Cronos (CRO) Price Prediction 2024

Cronos (CRO) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $2, making it not plummet but play consistently. Additionally, this could only be possible if CRO breaks through past psychological resistance levels.

Cronos (CRO) Price Prediction 2025

Cronos (CRO) prices might grow past $4 during the next three years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2026

Cronos (CRO) prices might grow past $8 during the next four years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2027

Cronos (CRO) prices might grow past $10 during the next five years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2028

Cronos (CRO) prices might grow past $12 during the next six years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2029

Cronos (CRO) prices might grow past $16 during the next seven years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Cronos (CRO) Price Prediction 2030

Cronos (CRO) prices might grow past $20 during the next eight years. Furthermore, hitting this level might not be so tough for CRO due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, CRO has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Cronos might reach $0.7 in 2022 and $20 by 2030 if investors have decided that CRO is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Cronos (CRO)?

CRO is the native token of the Cronos blockchain.

How to buy Cronos Token?

Like other cryptocurrencies, Cronos (CRO) can be traded in cryptocurrency exchanges like Crypto.com, Huobi Global, Kucoin, Gate.io, Kraken, and others.

Will Cronos (CRO) surpass its present ATH?

Cronos has a low possibility of surpassing its present all-time high (ATH) price of $0.9698 in 2022.

When was Cronos (CRO) launched?

It was launched in 2018.

What will be the Cronos (CRO) price by 2023?

Cronos (CRO) price is expected to reach $1 by 2023.

What will be the Cronos (CRO) price by 2024?

Cronos (CRO) price is expected to reach $2 by 2024.

What will be the Cronos (CRO) price by 2025?

Cronos (CRO) price is expected to reach $4 by 2025.

What will be the Cronos (CRO) price by 2026?

Cronos (CRO) price is expected to reach $8 by 2026.

What will be the Cronos (CRO) price by 2027?

Cronos (CRO) price is expected to reach $10 by 2027.

What will be the Cronos (CRO) price by 2028?

Cronos (CRO) price is expected to reach $12 by 2028.

What will be the Cronos (CRO) price by 2029?

Cronos (CRO) price is expected to reach $16 by 2029.

What will be the Cronos (CRO) price by 2030?

Cronos (CRO) price is expected to reach $20 by 2030.

More Crypto Price Predictions:

 

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