Key takeaways:
- The CRO price prediction shows it will reach a maximum level of $0.1006 with an average price of $0.0843 throughout 2024.
- By 2027, CRO could reach a maximum value of $0.3180, with an average trading price of $0.2907.
- Cronos is expected to reach a maximum level of $1.08 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 market 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 | $0.08017 |
| Market Cap | $2,108,344,785 |
| Trading Volume | $5,585,891 |
| Circulating Supply | 26,571,560,696 |
| All-time High | $0.9698 Nov 24, 2021 |
| All-time Low | $0.01149 Dec 17, 2018 |
| 24-h High | $0.0808 |
| 24-h Low | $0.0758 |
Cronos Price Prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $0.090905 (6.37%) |
| Volatility | 8.36% |
| 50-Day SMA | $0.105663  |
| 14-Day RSI | 36.60 |
| Sentiment | Bearish |
| Fear & Greed Index | 29 (Fear) |
| Green Days | 10/30 (33%) |
| 200-Day SMA | $0.113042 |
Cronos price analysis: Cautious optimism as prices show minor recovery
Key Takeaways
- Cronos (CRO) shows cautious optimism with a 1.34% gain, stabilizing between $0.074 support and $0.091 resistance amid consolidation.
- Cronos (CRO) stabilizes near $0.080, displaying mild bullish sentiment and potential for a breakout as traders monitor key support and resistance levels.
- Cronos experienced a minor recovery, consolidating around $0.080 as mixed momentum signals hint at cautious optimism in the market.
On September 17, 2024, Cronos (CRO) displayed a modest upward trend within the day’s trading session, as reflected by data from CoinMarketCap. The coin opened the day at approximately $0.0790 and peaked at $0.0815, before closing slightly lower at $0.0801. This represents a 1.34% increase over the 24 hours, suggesting a mild bullish sentiment among traders. The market cap correspondingly rose to $2,129,676,523, positioning Cronos as the 38th largest cryptocurrency by market capitalization. Notably, the trading volume for the day was reported at $5,009,517, which is about 0.24% of the total market cap, indicating relatively lower liquidity than previous days.
The trading pattern of Cronos over the past few months, depicted in a separate TradingView chart, shows a more tumultuous journey. Since mid-June, the price has generally trended downwards, with significant volatility. Resistance has formed near the $0.0919 level, with multiple unsuccessful attempts to breach it convincingly. Support levels around $0.0740 seem to have held steady, preventing further declines. This ongoing price action suggests a market that is attempting to find solid footing amidst uncertain economic signals and investor sentiment. The recent minor recovery might serve as a pivot for potential bullish momentum if broader market conditions provide support.
Cronos daily chart analysis: CRO stabilizes amid consolidation
CRO stabilizes after a prolonged downtrend, trading around $0.080 as of September 17, 2024. The price appears to be consolidating between a key support level of $0.074 and resistance at $0.091. The slight upward movement indicates buyers are gradually stepping in, but the overall trend remains neutral for the time being. The candlestick formation suggests that the bulls are struggling to gain momentum, keeping the price range-bound for now. This stabilization hints at a potential reversal, but further confirmation is needed to signal a stronger breakout.
Momentum indicators like the Commodity Channel Index (CCI) and Stochastic Oscillator provide mixed signals. The CCI reading at 39.4, above the oversold threshold, suggests some buying pressure, while the Stochastic Oscillator at 63.25 shows the price is nearing overbought territory. Both indicators hint at indecision in the market, where neither bulls nor bears have taken full control. Traders may want to observe these levels closely, especially if the price breaks above the resistance or falls below support, which could signal the next directional move for CRO.
Cronos 4-hour chart analysis: CRO struggles to break out amid bearish pressure and market consolidation
CRO is currently trading above the key level of $0.080, reflecting a minor decrease over the past few hours. The price action reveals a consolidation phase, with CRO finding itself within a tight range, as indicated by the Bollinger Bands on the 4-hour chart. The upper resistance level sits at $0.0832, while support is holding firm at $0.0782.
The price hovers closer to the lower band, signaling ongoing bearish pressure and suggesting that volatility remains relatively low. For now, the middle band seems to act as a pivot point for CRO, preventing any decisive move in either direction. If the price pushes past the middle band, it could hint at potential bullish recovery, but continued pressure below it may lead to further declines.
The MACD indicator points to bearish momentum, with the MACD line crossing below the signal line, staying in the negative zone. This cross indicates that sellers still dominate the market, and there may be more downward movement ahead. However, the fading intensity of the red histogram bars shows a slight reduction in selling pressure, which could imply that the market may be losing its downward momentum soon.
Cronos Technical Indicators: Levels And Action
Daily Simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $0.085727 | SELL |
| SMA 5 | $0.086789 | SELL |
| SMA 10 | $0.089777 | SELL |
| SMA 21 | $0.092933 | SELL |
| SMA 50 | $0.105663 | SELL |
| SMA 100 | $0.119566 | SELL |
| SMA 200 | $0.113042 | SELL |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $0.089894 | SELL |
| EMA 5 | $0.090459 | SELL |
| EMA 10 | $0.092154 | SELL |
| EMA 21 | $0.096981 | SELL |
| EMA 50 | $0.107046 | SELL |
| EMA 100 | $0.113155 | SELL |
| EMA 200 | $0.109394 | SELL |
Is Cronos a good investment?
Investing in Cronos (CRO) offers a strategic opportunity for those looking to engage with the burgeoning field of decentralized finance (DeFi) and digital assets. As the native cryptocurrency of the Crypto.com Chain, Cronos serves as a pivotal element in a blockchain designed to be interoperable with significant ecosystems like Ethereum and Cosmos, supporting a wide range of applications, including DeFi and non-fungible tokens (NFTs) [1]. The Cronos blockchain not only facilitates a variety of decentralized applications (dApps) but also maintains a substantial total value locked (TVL), underscoring its utility and adoption in the blockchain space [4]. Moreover, Cronos is recognized for its energy efficiency, high transaction speed, and low fees, further enhancing its attractiveness as an investment [6]. Future projections suggest that CRO could reach significant value heights by 2030, indicating its potential for substantial long-term growth [3]. This combination of technological robustness, ecosystem integration, and future growth prospects makes Cronos a compelling choice for crypto investors.
Will Cronos recover?
Cronos shows a recent decline with signs of stabilization and minor recovery, suggesting that the token trading volume may recover.
Will Cronos reach $0.15
Cronos’s reaching $0.15 would require sustained bullish momentum, favorable market trends, and significant growth; therefore, it remains uncertain whether CRO will reach $0.15.
Will Cronos reach $100?
It is doubtful that Cronos will reach $100 given that it would require an enormous market capitalization, which is currently unrealistic given the overall crypto market cap size.
Does Cronos have an excellent long-term future?
Cronos is showing stabilization and some recovery, which indicates that CRO may have a promising long-term future.
Recent news/opinion on Cronos
Cronos Labs has announced the launch of its zkEVM mainnet, a pivotal development in collaboration with Matter Labs, known for zkSync. This new mainnet features a comprehensive ecosystem of decentralized applications (dapps) and a native Ethereum bridge, facilitating seamless integration and transfer capabilities between the two platforms. The initiative follows a fruitful testnet phase concluded in December 2023, which saw over 3 million wallets being created, priming users for a transition to a more scalable and efficient blockchain environment using zero-knowledge proofs.
CRO Price Prediction September 2024
The Cronos price in September 2024 shows that the minimum trading cost might be $0.07825, while the maximum might reach $ 0.08057 this month. On average, the value of CRO is expected to be around $0.08017.
| Month | Potential Low | Potential Average | Potential High |
| September | $0.07825 | $0.08017 | $0.08057 |
CRO Price Prediction 2024
According to the technical analysis of Cronos prices expected in 2024, the minimum cost of CRO will be $0.07825. The maximum level that the CRO price can reach is $0.08057. The average trading price is expected to be around $0.08017.
| Cronos Price Prediction | Potential Low | Potential Average | Potential High |
| Cronos Price Prediction 2024 | $0.07825 | $0.08017 | $0.08057 |
CRO Price Prediction 2025-2030
| Year | Minimum | Average | Maximum |
| 2025 | $0.1288 | $0.1325 | $0.1575 |
| 2026 | 0.1840 | $0.1906 | $0.2233 |
| 2027 | $0.2812 | $0.2907 | $0.3180 |
| 2028 | $0.4068 | $0.4184 | $0.4907 |
| 2029 | $0.6172 | $0.6381 | $0.7109 |
| 2030 | $0.9107 | $0.9363 | $1.08 |
Cronos Price Prediction 2025
The price of Cronos is expected to reach a minimum of $0.1288 in 2025. The CRO price can reach a maximum level of $0.1575 with an average cost of $0.1325.
CRO Price Prediction 2026
According to our profound technical analysis of past price and historical data, of CRO, In 2026, the price of Cronos is predicted to reach a minimum of $0.1840. The CRO price can reach a maximum level of $0.2233 with an average trading price of $0.1906.
CRO Price Prediction 2027
The price of Cronos is predicted to reach a minimum value of $0.2812 in 2027. The Cronos price could reach a maximum value of $0.3180 with an average trading price of $0.2907.
CRO Price Prediction 2028
Cronos’s price is forecast to reach the highest price and lowest possible $0.4068 in 2028. As per findings, the CRO price could get the maximum possible level of $0.4907 with an average forecast price of $0.4184.
CRO Price Prediction 2029
As per the forecast price and technical analysis, In 2029, the cost of Cronos is predicted to reach a minimum of $0.6172. The CRO price can reach a maximum level of $0.7109 with an average trading price of $0.6381.
Cronos CRO Price Prediction 2030
The price of Cronos is predicted to reach a minimum of $0.9107 in 2030. The Cronos price can reach a maximum level of $1.08 with an average cost of $0.9363 throughout 2030.
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
| Firm | 2024 | 2025 |
| Gov.Capital | $0.216 | $0.486 |
| DigitalCoinPrice | $0.23 | $0.27 |
| CryptoPredictions | $0.2334 | $0.5643 |
Cronos Historic Price Sentiment
- 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 historical price movements and spikes. By the second half of 2020, CRO exceeded its highest market price in 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 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.
- Multiple reports about a possible security breach on the Crypto.com ecosystem surfaced on January 17, 2022. The platform acted accordingly by temporarily suspending withdrawals pending investigation.
- The price history of Cronos (formerly Crypto.com Coin) from 2023 to the present shows significant fluctuations.
- Starting in January 2023, the price of Cronos was relatively stable but began to steepen by late February, peaking around mid-March at approximately $0.80.
- This peak was followed by a sharp decline, during which the price dropped dramatically, settling back to lower levels by April 2023.
- Over the following months, the price stabilized somewhat but maintained a general downtrend. By mid-2023, it was trading at around $0.20 and continued to oscillate around this range, with slight ups and downs.
- Entering 2024, the price has shown a modest recovery but remains well below its early 2023 high, trading around $0.10 as of the latest data point.
