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CRO Price Prediction 2024-2033: Is Cronos a Good Investment?

CRO Price Prediction 2024-2033

Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation. Three months after going live, user adoption has surpassed expectations, with more than 350,000 unique wallet addresses performing transactions on Cronos.

Shifting to the future, estimates from the ten analysts covering the company suggest revenue should grow by 19% per year over the next three years. With the industry only predicted to deliver 16% per year, the company is positioned for a stronger revenue result. With crypto being fickle, who knows anything about the future?

Amazon Web Services (AWS) – a cloud computing platform provided by the retail giant – collaborated with the Web3 startup focusing on DeFi and blockchain games – Cronos Labs. CRO climbed by 13% shortly after the announcement. 

How Much is CRO worth?

Today’s Cronos price is $0.1509, with a 24-hour trading volume of $41,297,062. Cronos is up 1.63% in the last 24 hours. The current CoinMarketCap ranking is 31, with a live market cap of $4,012,753,238. It has a circulating supply of 26,571,560,696 CRO coins and a max. Supply of 30,263,013,692 CRO coins.

Cronos Price Analysis: CRO Surges To $0.1509 Amid Bearish Winds

  • Cronos’s price analysis is bullish today.
  • Resistance for CRO is currently at $0.1558.
  • Support is seen near the $0.1481 level.

Cronos price analysis shows that the CRO/USD pair is rising amid bearish winds. The pair has been trading on a positive note since the early hours of today’s session, and it has now jumped above the $0.1500 mark. However, CRO faced resistance near the $0.1558 level and could not break above it. At the time of writing, CRO is trading at $0.1509 after an increase of 1.63% in the last 24 hours.

The support level is at $0.1481, which is guarding the downside. If the price breaks below this support level, it could slide toward the $0.14000 mark. On the upside, if CRO manages to break above the resistance at $0.1558, it could rise toward the $0.1600 level. The buying momentum is rising, and the overall trend of the pair remains positive.

Cronos Price Analysis Daily Chart: Bulls Face Resistance At The $0.1558 Level

The daily chart of CRO/USD shows that the pair has been in a bullish trend for the past 24 hours. The bullish momentum is now pushing the price higher in order to break above the resistance at $0.1558. The daily moving average (MA) is, however, trending downwards, indicating that the bulls are fighting against bearish winds.

CRO/USD 1-day price chart By TradingView

The Moving Average Convergence Divergence (MACD) indicator shows both the MACD line and the Signal line below the zero line, suggesting that the trend is weak. On the histogram, the MACD is in the negative zone, indicating that selling pressure could increase if the bulls fail to take control of the market. The Relative Strength Index (RSI) also shows a bearish divergence near the 55.30 level.

Cronos Price Analysis 4-hour Chart: CRO/USD is in an Uptrend Pattern

The 4-hour chart of CRO/USD shows that the pair is trading in an uptrend. The bulls are aiming to break above the $0.1558 resistance level. The buyers are currently in control, but they face strong bearish pressure in the market.

CRO/USD 4-hour price chart By TradingView

The MA has changed direction to trend upwards, which indicates that the trend is still positive and there could be more upside potential for CRO. The MACD line is above the signal line, indicating that the bullish momentum is increasing. On the histogram, the MACD is in the positive zone, which suggests that buying pressure could increase if the bulls remain in control of the market. The RSI is currently at 60.63, sloping to the south, which could indicate that the bulls are losing strength.

What To Expect From Cronos Price Analysis

Cronos’s price analysis is bullish today. If the pair manages to break above the strong resistance at $0.1558, it is expected to continue its upward trend. The bulls face some bearish pressure in the market, but they remain in control and could push the price higher in the near term.

Cronos recent news

Cronos Labs, under the guidance of Ken Timsit, plays a critical role in advancing the Cronos Chain ecosystem by accelerating Web3 developments. As the former Chief Revenue Officer at ConsenSys and a veteran in traditional finance, Timsit brings a wealth of experience to the burgeoning field of blockchain technology. In a recent discussion, he provided insights into the current scalability challenges and future prospects within the blockchain sector. The industry has seen a significant uptick in transaction volume, especially with memecoins on networks like Solana and Base, which have tested the limits of these systems. This has reignited the debate over the efficacy of Layer 1 (L1) versus Layer 2 (L2) solutions, each facing issues such as high failure rates and surging transaction fees respectively.

Timsit views these challenges as mere bumps in the road, suggesting that the evolution of blockchain technology will naturally include temporary setbacks. He highlighted that over 20 blockchain networks are currently well-suited for large-scale usage, each designed to meet specific user needs through unique trade-offs in cost, reliability, and security. According to Timsit, this diversity is crucial as it provides options that accommodate the volatile demands of users, thereby fostering a robust environment for future growth and innovation in the blockchain space.

Is CRO Coin a Good Investment?

Cronos (CRO) has demonstrated resilience in the volatile cryptocurrency market, trading significantly above its all-time low and showing recent gains in market cap. The Cronos blockchain, with its focus on DeFi, NFTs, and gaming, presents a diversified ecosystem supported by recent technological advancements such as Cronos Rollups and the Cronos Gravity Bridge. With a market cap ranking it as the 30th largest cryptocurrency and a “greed” sentiment indicated by the fear and greed index, there is evident investor interest in CRO.

However, potential investors should approach CRO with caution. The price volatility and the dominance of seller activity in its derivative markets suggest that risks are non-trivial. The recent price action forming a higher structure on the charts indicates buyer participation, which could be a positive sign if the token surpasses its recent swing high of $0.1850. Nevertheless, the inherent unpredictability of crypto markets, especially with lesser-known coins like CRO, means that thorough research and risk assessment are vital before considering it as an investment.

Cronos Price Prediction by Cryptopolitan 2024-2033

YearMinimumAverageMaximum
2024$0.2123$0.2184$0.2315
2025$0.3003$0.3112$0.3647
2026$0.4183$0.4307$0.5124
2027$0.6043$0.6258$0.7473
2028$0.8433$0.8746$1.04
2029$1.25$1.30$1.47
2030$1.81$1.86$2.17
2031$2.53$2.61$3.16
2032$3.64$3.75$4.46
2033$5.35$5.50$6.31
Cronos price prediction

Cronos Price Prediction 2024

According to the technical analysis of Cronos prices expected in 2024, the minimum cost of CRO will be $0.2123. The maximum level that the CRO price can reach is $0.2315. The average trading price is expected around $0.2184.

Cronos Price Prediction 2025

After the analysis of the prices of Cronos in previous years, it is assumed that in 2025, the minimum price of CRO will be around $0.3003. The maximum expected CRO price may be around $0.3647. On average, the trading price might be $0.3112 in 2025.

Cronos Price Prediction 2026

The price of Cronos is predicted to reach at a minimum value of $0.4183 in 2026. The Cronos price could reach a maximum value of $0.5124 with the average trading price of $0.4307 throughout 2026.

Cronos Price Prediction 2027

Based on the technical analysis by cryptocurrency experts regarding the prices of Cronos, in 2027, CRO is expected to have the following minimum and maximum prices: about $0.6043 and $0.7473, respectively. The average expected trading cost is $0.6258.

Cronos Price Prediction 2028

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 2028, the minimum CRO price might drop to $0.8433, while its maximum can reach $1.04. On average, the trading cost will be around $0.8746.

Cronos Price Prediction 2029

As per the forecast price and technical analysis, In 2029 the price of Cronos is predicted to reach at a minimum level of $1.25. The CRO price can reach a maximum level of $1.47 with the average trading price of $1.30.

Cronos Price Prediction 2030

According to our deep technical analysis on past price data of CRO, In 2030 the price of Cronos is predicted to reach at a minimum level of $1.81. The CRO price can reach a maximum level of $2.17 with the average trading price of $1.86.

Cronos Price Prediction 2031

Cronos price is forecast to reach a lowest possible level of $2.53 in 2031. As per our findings, the CRO price could reach a maximum possible level of $3.16 with the average forecast price of $2.61.

Cronos Price Prediction 2032

Based on the analysis of the costs of Cronos by crypto experts, the following maximum and minimum CRO prices are expected in 2032: $4.46 and $3.64. On average, it will be traded at $3.75.

Cronos Price Prediction 2033

Cronos price is forecast to reach a lowest possible level of $5.35 in 2033. As per our findings, the CRO price could reach a maximum possible level of $6.31 with the average forecast price of $5.50.

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.

Read Also  Sui Price Prediction 2024-2033: Is SUI A Good Investment?

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. If CRO were to follow this growth trajectory, it would have a price prediction of $ 0.1611 by 2026.

On the other hand, if CRO were to follow growth similar to that of the internet, its value could be predicted at $ 0.41585 for 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!

As DeFi services and other cutting-edge financial technologies become more popular, the demand for CRO tokens on Crypto.com‘s platform has surged. Bitcoin can be used in a variety of ways to supplement your income beyond just holding it – margin trading, OTC trading, and more were all made available many moons ago! Despite various online forecasting services predicting an increase in the cost of CRO over time, these predictions are not always accurate.

According to Crypto Vault, a YouTube-based market analyst, the price of CRO is expected to go up in the near future. They stated that they believe the cost of 1 CRO will reach $0.50 within the next few months. Crypto Vault also made it clear that due to its solid technology and innovative features, there is potential for a higher return on investment from this cryptocurrency.

This optimistic outlook was echoed by other market experts, with The Crypto Report predicting that CRO prices could reach $1.00 in the near future. They cited its rapid growth and increasing demand as evidence of this potential.

If you’re searching for the most secure way to purchase CRO, look no further than Crypto.com. Not only is it reliable and dependable, but you can also find it on numerous popular marketplaces such as Bittrex, KuCoin, and Huobi Global. With quick access to information from its chain of exchanges including Binance and Huobi Global, Crypto.com provides an easy-to-use platform that allows users to compare signs of progress with calculations at their fingertips.

Crypto.com (CRO) Overview

Popularity0.34%Market Cap$9,409,555
Price Change (24 hours)-1.16%Trading Volume (24 hours)$83,095,974
Price change (7 days)+5.83%Circulating Supply25,263,013,692 CRO
All-time lowDec 17, 2018($0.01149)All-time high(Nov 24, 2021) $22.71
From ATL+663.29%From ATH-90.96%

Crypto.com is a digital currency exchange built on a native chain solution and was founded in 2016. The platform was designed to support a wide range of crypto-related projects and offer open market participants easily accessible technical solutions for investing, staking, and holding. Trading of crypto-assets.Crypto.com is an all-inclusive exchange with an extensive list of cryptocurrencies, NFT offerings, wallet services, and fiat trading features. 

The native blockchain of this platform is Crypto.com Chain, which facilitates the seamless, secure, and cost-effective flow of transactions between users on the network. Crypto.com Chain is one of the products in Crypto.com’s line-up of solutions developed to accelerate the global adoption of cryptocurrencies. The CRO blockchain serves as a vehicle that drives the Crypto.com ecosystem. CRO is the native token of the Crypto.com blockchain, and it can be utilized as an intermediary currency or network fees when converting crypto to fiat (USD, EUR, etc.).

CRO Past Price Analysis

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.

CRO market price – Coinmarketcap

While Crypto.com Coin might not be the most popular altcoin on the crypto market, the CRO token has done quite well over the past year. 

However, 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.”

More on Crypto.com (CRO)

Cronos Social Media Notes

The Crypto.com exchange’s utility token is called Cronos (CRO). The Cronos token has increased by about 10% since last week, which is notable given how many other tokens have decreased within the same time period. Additionally, it has seen a significant rise in social activity, with several mentions and engagements. The Cronos Chain Ambassador Program is probably to blame for the spike in pricing and social engagement (CROnauts). The Cronos community may aid in the project’s promotion and general growth by taking part in the program. The price of the coin is $0.11.

The Cronos Chain native coin, CRO, has experienced rapid growth over the past week. The alt ranked as the #26 biggest coin, according to statistics from the cryptocurrency social analytics company LunarCrush.

In the previous seven days, CRO also experienced a rally in its social activities. Furthermore, as of September 23, the number of mentions on social media increased by 40% to 37,000. Additionally, within the same time period, CROs’ social interactions increased by 14% and reached a value of 61.6 million.

Crypto.com Founders

Rafael Melo – CFO, and co-Founder – has 15 years of experience in finance, and a deep understanding of risk, compliance, and the Mobile Payments ecosystem in Asia. He has led fundraising efforts as CFO at ASX-listed Ensogo, securing strategic investment from VIPSHOP (NYSE:VIPS) and raising over A$50m from blue-chip institutions like Fidelity and Goldman Sachs, and BlackRock.

Bobby Bao, a co-founder and managing director (formerly known as Monaco), is also as a member of the Forbes Asia 30 Under 30 List in the Finance & Venture Capital category. As one of the key players influencing the future of money in Asia, Bao has played a critical role in directing Crypto.com’s corporate strategy and leading fundraising.

Crypto.com is operated by Foris DAX Asia, a Singapore-based company that’s a subsidiary of Foris DAX MT (Malta) Limited. With such an esteemed lineup, one can regard CRO tokens as a good investment despite the current market’s bearish momentum. With investor confidence, there’s a high possibility that Crypto.com projects can enter their next major phase.

Use Cases and Features of Crypto.com

The primary aim of the Crypto.com project is to introduce open-source blockchain solutions into the crypto ecosystem to popularize the acceptability of digital coins as a means of payment – as is the case with fiat currencies. Cronos is the native token for the Crypto.com blockchain. First known as Crypto.com Coin, in February 2022, it was rebranded as Cronos, though it still trades under the same CRO abbreviation.

Crypto.com offers businesses an Invoice/Pay Checkout feature to enable customers to initiate checkouts and complete payments for goods and services using crypto via its wallet infrastructure. Charges on Crypto.com can be fulfilled using CRO (Crypto.com Coin), fiat currency, or stablecoins (USDT, etc.). Users on the Crypto.com exchange can swap CRO on DeFi Swap, stake it, or become liquidity providers.

The platform offers users a wide range of services, such as a payment system, VISA-powered cards, fiat-to-crypto trading, staking, De-Fi services, crypto loans, withdrawals, and deposits. Crypto.com also provides its customer base with the opportunity to earn through the in-app “missions” section, where you can explore the mobile app’s features and earn rewards in return.

Conclusion

Overall, the price analysis on Cronos is quite divided, and investors should consider all forecasts before making an investment decision. It’s important to understand the key factors that are driving CRO’s market trends in order to make a sound investment decision. The current cryptocurrency market conditions could mean that it is a great time to purchase this asset, however, investors should do their own research before investing.

Boasting strong exchange support from Crypto.com, Cronos has experienced impressive growth during the past few months. Cryptocurrencies that have practical applications, like CRO Coin in this case, are usually thought to be good long-term investment decisions.

Due to the abundance of contemporary financial services, including those based on the DeFi tenets, CRO tokens are in high demand. In addition to being a simple platform for storing and using cryptocurrencies, it also offers a variety of opportunities for side income. Despite all these shackles, Cronos cryptocurrency has remained resilient as the market looks to stabilize. The crypto market is expected to perform better throughout 2024 arrives. As the world starts to recognize cryptocurrency as a legitimate asset, the demand for coins like Cronos will rise, thus driving its price upwards. 

The project expanded the sphere of influence long ago, adding margin and OTC trading. The long-term price will increase, according to the CRO price estimate. However, forecasting websites occasionally make erroneous forecasts.

The greatest option for purchasing CRO would be to use an internal exchange like Crypto.com. This website is quite unstable. Additionally, it is available on a number of well-known exchanges, including Bittrex, KuCoin, and Huobi Global. You may acquire Crypto.com currency (CRO) for simple comparison, indicating signals and demonstrating calculations with an overview of the Crypto.com chain of exchanges, including Binance and Huobi Global.

While Cronos coin price predictions can give you an idea of where the market may be heading, it’s important to remember that they’re only predictions. They shouldn’t be taken as gospel. However, when combined with a sound understanding of the market and how it works, they can be useful tools in making wise investment decisions.

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FAQs

Will Crypto.com Coin (CRO) price increase in the future?

According to our predictions, the Crypto.com Coin (CRO) future price will increase.

Is CRO worth buying?

Historical data suggest that CRO will be a profitable investment in 2023, and the trends for the coming years predict that the coin price will be bullish. Based on the price predictions and investor sentiments, CRO could be one of the best coins in years to come. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are incredibly volatile.

Where can I buy Cronos?

Although it’s native to Crypto.com, Cronos can be purchased on several other exchanges, such as eToro and Huobi. Coinbase, KuCoin, and other major exchanges.

Is Cronos a good Investment?

Yes, Cronos is undervalued and is profitable for the long term.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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