CRO price prediction 2024-2030: Is Cronos a good investment?


Key takeaways

  • The CRO price prediction for 2024 shows it will reach a maximum level of $0.1999 and an average price of $0.2187.
  • By 2027, CRO could reach a maximum value of $0.7757, with an average trading price of $0.6759.
  • Cronos is expected to reach a maximum level of $2.47 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 $0.2034
Market Cap $5.40B
Trading Volume $63.84M
Circulating Supply 26.57B CRO
All-time High $0.9698 Nov 24, 2021
All-time Low $0.01149 Dec 17, 2018
24-h High $0.2077
24-h Low $0.1962

Cronos Price Prediction: Technical Analysis

Metric Value
Price Prediction $ 0.259852  (29.49%)
Volatility 19.98%
50-Day SMA $0.130323
14-Day RSI 65.03
Sentiment Bullish
Fear & Greed Index 72  (Greed)
Green Days 17/30 (57%)
200-Day SMA $ 0.10872

Cronos price analysis: CRO corrects sharply amid market sell-off

Key Takeaways

  • CRO drops 17.6%, trading at $0.1508, signaling bearish momentum.
  • RSI is nearing oversold at 39.64; key support is at $0.1537.
  • Whale activity fades; volume decline suggests weakening interest.

Cronos CRO price analysis on December 20th shows a sharp decline, with the token trading at $0.1508, down 17.6% over the past 24 hours. This marks a significant pullback for the token, which had experienced a strong rally earlier this month. The market capitalization currently stands at $4 billion, accompanied by a 24-hour trading volume of $76.64 million, reflecting a 25.23% decline in trading activity. The drop in price and trading volume highlights cooling investor interest following recent bullish momentum.

CRO daily chart analysis: Mixed technical signals amid correction

On the daily chart, CRO has slipped below its critical support at $0.16, indicating increased bearish pressure. The token’s 20-day Exponential Moving Average (EMA) at $0.1626 has also been breached, suggesting that bears are currently in control. Meanwhile, the 50-day EMA at $0.1387 could act as the next line of defense if selling pressure persists. This EMA setup signals a potential trend reversal unless CRO reclaims higher levels swiftly.

CRO daily chart analysis
CRO daily chart analysis: Mixed technical signals amid correction

The Relative Strength Index (RSI) on the daily timeframe stands at 39.64, which leans toward oversold territory but remains above critical levels. This RSI level suggests reduced bullish momentum while hinting at possible short-term accumulation. However, the lack of a strong reversal signal keeps the bearish outlook intact. The Moving Average Convergence Divergence (MACD) histogram displays negative bars, with both the MACD and signal lines trending downward. These bearish crossovers reinforce the view that CRO may continue facing headwinds in the near term.

Volume analysis further underscores the weakening bullish sentiment. After the initial surge earlier this month, trading volume has consistently declined, with the Volume/Market Cap ratio at a mere 1.96%. Such metrics reflect diminishing market enthusiasm and could indicate hesitation among traders to take significant positions.

CRO/USD 4-hour chart analysis: Signs of consolidation amid pressure

On the 4-hour chart, CRO displays a clearer consolidation pattern near $0.15, where minor support appears to form. Bollinger Bands indicate narrowing volatility, with the price approaching the lower band at $0.1537. This suggests that the token may experience a period of range-bound movement before deciding its next direction.

CRO/USD 4-hour chart analysis
CRO shows signs of consolidation amid pressure

The 4-hour RSI stands at 30.48, entering oversold territory. While this metric could attract short-term buyers, the ongoing bearish MACD signal counters immediate recovery hopes. The MACD histogram shows persistent downward momentum, with the signal line crossing below zero, reinforcing bearish sentiment.

A closer look at the chart highlights that the token failed to sustain its breakout above $0.20 earlier this month, leading to a gradual decline. The lower highs and lower lows on this timeframe confirm a short-term bearish trend, with the $0.1537 support zone critical for avoiding further drops.

What to expect from Cronos price analysis

The broader sentiment surrounding CRO reflects a cautious outlook, with whale activity and spot market metrics signaling a retreat in speculative interest. From a fundamental perspective, recent developments, including Crypto.com’s withdrawal of its SEC lawsuit and CEO Kris Marszalek’s meeting with U.S. President-elect Donald Trump, initially bolstered market optimism. However, the fading of these catalysts underscores the importance of sustained regulatory clarity and institutional support for CRO’s long-term prospects.

Cronos CRO faces a crucial juncture in its price trajectory, with technical indicators and market sentiment pointing to opportunities and challenges. The token’s ability to reclaim lost ground or maintain critical support levels will likely determine its short-term performance.

Cronos technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $0.165415 BUY
SMA 5 $0.174924 BUY
SMA 10 $0.178465 BUY
SMA 21 $0.179503 BUY
SMA 50 $0.130323 BUY
SMA 100 $0.105728 BUY
SMA 200 $0.10872 BUY

Daily exponential moving average (EMA) 

Period Value Action
EMA 3 $0.16597 BUY
EMA 5 $0.14554 BUY
EMA 10 $0.1196 BUY
EMA 21 $0.10104 BUY
EMA 50 $0.09083 BUY
EMA 100 $0.09037 BUY
EMA 200 $0.09410 BUY

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 $0.5

Based on long-term forecasts, Cronos (CRO) is projected to reach $0.5 by 2026 as its ecosystem and user adoption continue to grow.

Will Cronos reach $1

Projections for Cronos estimate it could reach $1 by 2028, 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, collectively enhancing 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

  • Cronos has announced the Pallene Upgrade for its EVM, promising a groundbreaking improvement with up to 600 times faster transaction processing.

This upgrade marks a significant leap in performance for the Cronos ecosystem, enhancing scalability and efficiency. The proposal is open for community discussion on the Cronos governance forum, inviting feedback and participation from the #CROFam. More details about the upgrade and its implications can be found on the official Cronos blog and GitHub discussion platform.

CRO price prediction December 2024

For November, Cronos (CRO) is primed for notable growth. The minimum projected trading price is $0.095, with an average of around $0.147. CRO is expected to attain a peak price of $0.192.

Month Potential Low Potential Average Potential High
December $0.095 $0.147 $0.192

CRO price prediction 2024

In 2024, experts suggest Cronos will trade at a minimum price of $0.1999 and a maximum price of $0.2249. The average trading price is expected to be around $02187.

Cronos Price Prediction Potential Low Potential Average Potential High
Cronos Price Prediction 2024 $0.1999 $0.2187 $0.2249

CRO price prediction 2025-2030

Year Minimum Price Average Price Maximum Price
2025 $0.3037 $0.3147 $0.3682
2026 $0.4460 $0.4617 $0.5194
2027 $0.6524 $0.6709 $0.7757
2028 $0.9384 $0.9653 $1.11
2029 $1.42 $1.47 $1.68
2030 $2.04 $2.10 $2.47

Cronos price prediction 2025

The Cronos price prediction for 2025 suggests a minimum of $0.3037, a maximum level of $0.3682, and an average price of $0.3147.

CRO price prediction 2026

In 2026, the price of Cronos is predicted to reach a minimum of $0.4460. CRO can reach a maximum level of $0.5194 with an average trading price of $0.4617.

CRO price prediction 2027

The Cronos price prediction for 2027 suggests a minimum value of $0.6524, a maximum value of $0.7757, and an average trading price of $0.6709.

CRO price prediction 2028

As per findings, the CRO price could get the minimum possible and highest price level of $0.9384,1.11 with an average forecast price of $0.9653.

CRO price prediction 2029

In 2029, the price of Cronos is predicted to reach a minimum of $1.42. CRO can reach a maximum price of $1.68 with an average trading price of $1.47.

Cronos CRO price prediction 2030

The price of CRO is predicted to reach a minimum of $2.04 in 2030. It can further reach a maximum price of $2.47 with an average price of $2.10.

CRO price prediction 2024 - 2030
CRO price prediction 2024 – 2030

Cryptopolitan’s Cronos CRO price prediction

According to our Cronos price forecast, the coin’s market price might reach a maximum value of $0.21 by the end of 2024. By 2026, investors can anticipate an average price of $0.35 and a maximum price of $0.52 provided the market is bullish.

Cronos market price prediction: Analysts’ CRO price forecast

Firm 2024 2025
Gov.Capital $0.21 $0.24
DigitalCoinPrice $0.45 $0.53
CryptoPredictions $0.23 $0.40

Cronos historic price sentiment

Cronos (CRO) Price History
CRO price history | Coinmarketcap
  • 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.
  • In December, CRO is trading between $0.1412 to $0.181.



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