LaFilmFabrique_BLOG

The price of Cronos is expected to reverse at the $0.0593 support level. If investors have their way, the price of CRO could surge to $0.1192, which currently acts as a small resistance zone where the 200MA lies. CRO investors are bullish on the token since it has had a return on investment of over 11.6 times in the past 3 years.

Key levels have been defined to gauge CRO’s next potential move. Crypto.com’s price lost 50% of its market value during November. After a Sunday sell-off and Monday consolidation, traders are forced to ask what side of the trend they want to join. Key levels have been defined to gauge CRO’s next potential move. Cronos is the utility token of Cronos, the native blockchain of the crypto exchange, Crypto.com. CRO was initially launched as an ERC-20 token and later migrated to Cronos in November 2021.

What has driven CRO’s value upwards?

The cronos token has seen a lot of attention in recent months, due to its strong performance in the cryptocurrency market. With the cryptocurrency market still in its early stages of development, there is potential for continued growth in the months and years ahead. The all-time high of CRONOS was just below $1 but now the price of CRONOS is just over $0.10. However, it will be unwise to consider the current price and declare that CRONOS will not reach $100.

Although retracement to $0.40 is expected, investors should be mindful of the selling pressure that knocks crypto.com coin price to produce a swing low below $0.30 and $0.25. Such a development will invalidate the bullish crypto.com coin price prediction thesis, as it would be a lower low. Crypto.com’s price dropped 20% from $0.4 from the previous high to where it currently https://tradecrypto.com/reviews/trading-soft-reviews/coinrule-bot-review/ stands. Attempts to reclaim this failed as buying pressure has fallen short. However, in the long-run crypto.com coin price prediction, investors can rest their confidence on the fact that this action on natural price rejection before a breakout. At the time of writing this piece, CRO (Crypto.com Coin) was trading at $0.4526, according to data curated byCoinMarketCap.

CRO Price Prediction by Youtubes Crypto World

Cronos was designed to support the DeFi ecosystem with dApps and GameFi apps, which make up the infrastructure of the Metaverse. Conversely, CRO/USD falling alongside funding rates suggests that its drop may have been driven by futures markets, which was also the case with Terra’s collapse in May. Thus, the persistent bearish sentiment across the entire cryptocurrency market could dampen CRO’s recovery prospects. This cryptocurrency analyst sees CRO falling in the near future if the market continues to trend downwards. As Bitcoin has fallen below $22,000, this analyst shows that CRO could move towards the lower boundary of an ascending channel and hit 0.13 USDT per coin. Of course, as with any investment, there is no guarantee that CRO will reach the predicted price points.

• Crypto.com is one of the fastest-growing payments, trading, and financial blockchain companies in the world.
• The developers accomplished this by making the CRO coin an intermediate currency, allowing users to convert cryptocurrency to fiat for a lower fee.
• With that said, CRO might end the year with an average market price of $1.00.
• This type of investment is not suited for those with an asymmetric risk profile.
• The CRO price can reach a maximum level of $0.73 with the average trading price of $0.64.
• Cronos is an open-source EVM-compatible blockchain built on Cosmos SDK. It utilizes the proof-of-stake consensus.

Despite of this, this crypto.com price forecast for the rest of the year remains bullish at $0.6391. Buying CRO at the current trading price is a huge leap of faith, and you wouldn’t https://tradecrypto.com/events/ico-events/stader-token-sale/ want to be the biggest fool. So, in this section, we consider the most credible predictions for a middle ground to identify a reliable Crypto.com coin price prediction.

Crypto com Coin CRO Price Prediction

The Cronos EVM chain claims to be the first Ethereum-compatible blockchain built using the Cosmos software development kit. The aim is to let developers move applications from other blockchains instantly, allowing them to benefit from low transaction https://tradecrypto.com/news/crypto-industry-news/bitget-holds-200-btc-prize-pool-traders-tournament/ fees. Provide utility to the users of Crypto.com’s trading, payment, and financial services solutions. Such a reversal and further buying pressure could send the CRO higher in the coming days and turn its resistance of $0.0635 into support.

Crypto.com Chain is one of the products in Crypto.com ’ s line-up of solutions developed to accelerate the ball-shaped borrowing of cryptocurrencies. The CRO blockchain serves as a fomite that drives the Crypto.com ecosystem. CRO is the native token of the Crypto.com blockchain, and it can be utilized as an mediator currency or net fees when converting crypto to fiat ( USD, EUR, etc. ) . The average price predicted is $7.77, and the maximum price that can be expected is $8.75, while the minimum price that can be expected is $7.56. The maximum price expected is $6.23, and the average price will be around $5.25.

As per our CRO Coin price prediction, the maximum trading price of CRO Coin can be around $0.61 in 2022. If the market goes as per our expectations, the average price of a CRO Coin can be around $0.37 and the minimum price level can go up to $0.19 in 2022. As per our price analysis, CRO Coin’s price may cross its recent ATH if the market sees a good bull run in 2022. Crypto.com is one of the fastest-growing payments, trading, and financial blockchain companies in the world. It is often regarded as a marketplace of cryptocurrencies, where you can sell and buy all types of digital coins and tokens. One of the products offered by this company is CRO, a digital coin that has been consistently gaining value through the years.

• Cronos’s price for 24 Dec 2022 according to our analysis should range between $0.05 to $0.058 and the average price of CRO should be around $0.054.
• During May, Crypto.com was able to achieve several milestones, including the MCO VISA Card shipment in Europe, the introduction of the Crypto.com wallet and reaching 2 million users.
• Dash 2 Trade is designed to take your crypto trading to the next level by providing data-based crypto signals.
• Secondly, the Crypto.com CRO pricing is ideal for people who want to do more than just buy cryptocurrencies.
• A few days earlier, on 23 July 2022, the platform also announced a series of updatesto its Crypto.com Visa cards.

The exchange made big news when it partnered with Hollywood star Matt Damon for a commercial. One crypto asset that seems to have a defined utility with a project that has made strides is the CRO coin. And those that use CRO crypto on the Crypto.com payment app will see an additional benefit. Those that pay with CRO crypto using the Crypto.com payment app get cash back of up to 20%. Additionally, users can earn annual interest of up to 10-12% on their CRU crypto by staking them on either the Crypto.com exchange app or Crypto.com’s metal Visa Card. Barchart is committed to ensuring digital accessibility for individuals with disabilities.

The maximum predicted price is $2.85, and the average price will be around $2.44. There are quite a few speculations going ahead for Crypto.com price prediction. According to our long-term Cronos price estimate, Cronos prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $38 by 2040. If the market turns bullish, the price of Cronos could go up beyond what we predicted for 2040. By processing this data through our machine learning technology, we can try to predict the direction of Cronos.

However, if buyers have their way, the price of CRO might be dethroned from its present downtrend position. In simpler terms, CRO might trend above the $0.1610 resistance1 level and even higher in 2023, a bullish signal. Also, since the gap between the moving averages is getting narrow, there is a possibility of seeing a trend reversal. We can expect the price of Cronos might experience a rise in the price of CRO in the future.

Nifter Begins Integration of Crypto Payment Leaders Transak and Winter for Easier Customer Transactions

We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our https://tradecrypto.com/news/defi-news/metamask-to-collect-users-data/ assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.