Crypto.com
Crypto.com Price Prediction – Will CRO Price Hit $3 Soon?
- Bullish CRO price prediction ranges from $0.5538 to $0.9704.
- CRO price might also reach $3 soon.
- CRO bearish market price prediction for 2022 is $0.1109.
This Crypto.com Price prediction article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our CRO price analysis and prediction.
The year 2021 was good for cryptocurrencies. While the rest of the world’s economy dipped, most cryptocurrencies’ prices increased or maintained their prices within the range. However, 2022 seems quite promising to the crypto world.
Meanwhile, there is also some crypto that didn’t escape the volatility of the crypto market. As a result, some crypto traders are confused about whether it is time to sell or hold out for a good price. For CRO, this may not be the case as it continues to maintain its uptrend position in the past one week.
Crypto.com (CRO) launched its Mainnet on March 25, 2021. CRO made the largest token burn in history, wherein 70 billion CRO was removed from the total supply. Moreover, 59.6 billion CRO was already burned on February 22, 2021. In fact, CRO price reached an all-time high price of $0.9698 on November 24th, 2021.
Nevertheless, the crypto market is moving sideways lately, and most cryptos are losing their previous gains. Is the scenario the same as the CRO price since it gave a return on investment of over 500% in 2021? We’ll find out shortly in this CRO price analysis 2022 article. But first, let’s have a look at what CRO is.
Nevertheless, the crypto market is moving sideways lately, and most cryptos are losing their previous gains. Is the scenario the same as the CRO price? We’ll find out shortly in this CRO price analysis 2021 article. But first, let’s have a look at what CRO is.
What Is Crypto.com (CRO)?
Crypto.com Coin (CRO) is the native digital currency token of Crypto.com Chain. Moreover, Crypto.com Chain is an open-source blockchain developed by the Crypto.com trading, payment, and financial services firm. It also enables users to buy cryptocurrencies credit card.
Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions developed to accelerate the global adoption of cryptocurrencies. Moreso, the CRO blockchain serves primarily as a vehicle that provides the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to grow the reach of the CRO platform to power its other products as it recently hired Lebron James to position itself for blockchain education.
Do you think this market performance of CRO could make it a 2022? Are you curious to find out? In this case, let’s head to the charts and find out in this CoinQuora CRO price prediction 2022 article.
Crypto.com (CRO) Current Market Status
As of the time of writing this Crypto.com (CRO) price analysis, CRO trades at $0.45 with a 24-hour trading volume of $473,677,457. The price of CRO has increased by 1.87% in the last 24 hours.
Furthermore, CRO has a current circulating supply of 25.26 billion CRO. Currently, the top cryptocurrency exchanges for CRO are OKEx, CoinTiger, Huobi Global, FTX, and Upbit. Now, let’s proceed to the next part of this CRO price prediction for 2021.
Crypto.com (CRO) Price Analysis
Currently, CRO holds 17th place on CoinMarketCap. But will the recent changes and development in the blockchain help the digital currency price to reach higher? Let’s proceed to the charts in this CRO price prediction article.
The Relative Strength Index (RSI) which measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of Crypto.com (CRO) 1day chart of CROUSDT is at 42.67. This shows that CRO is showing a neutral trend since it is between 50 and 30. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase.
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 CRO, it could be seen that the present uptrend could continue for a while since the last candlestick is not close to the bottom curve in the Keltner Channel chart above. This shows that the present increase in the price of Crypto.com (CRO) is not coming to an end soon though there could be a consolidation and a continuation of the bullish run.
Crypto.com (CRO) Price Prediction
The chart below shows that Crypto.com is on an uptrend in the past few days. If this trend continues, CRO might run along with the bulls, thereby hitting the resistance3 level at $0.4503. However, the price can plummet to $0.1109 at support4 in a bearish run in 2022.
Conversely, if more investors enter into the market, the bullish run could continue, till it trades between resistance and resistance3 as seen from its previous histories. The reverse could lead to a price decrease to $0.3268 at support2 where a double bottom might be formed before any reversal would be expected.
Meanwhile, our long-term CRO price prediction for 2022 is bullish. It has a high possibility of trading around its present all-time of $0.9698. However, that will only happen if it breaks many previous psychological resistances.
Crypto.com (CRO) Price Prediction 2022
If this bullish trend continues, Crypto.com will reach $0.9704 by the end of 2022. Moreover, the first half of 2022 is going to show moderate growth, up to $0.5538 at resistance2. Then, CRO will rise, but no major falls are expected. With upcoming, partnerships, and developments reaching $3 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Crypto.com (CRO) Price Prediction 2023
If CRO has a relative strength index (RSI) that is above 60 in 2022, which means that a strong uptrend since more buyers are entering the market, is about to be formed, then the possibility of it reaching $1.3 by the end of 2023 has been narrowed.
Crypto.com (CRO) Price Prediction 2024
As per the latest upgrades, developments, CRO price prediction, and new project forecasts of the platform, CRO investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of CRO in the crypto market, and it will be in the list of the best investment as the price can spike and reach around $3.
Crypto.com (CRO) Price Prediction 2025
In the next four years, CRO’s price could race up to $8. However, reaching this level could not be so difficult for CRO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that CRO has a high possibility of reaching new ATH soon in the next five years as per the prediction.
Crypto.com (CRO) Price Prediction 2026
By 2026, the price of CRO would reach $15 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.
Conclusion
CRO has a bright future ahead of it from 2022 to 2026. With ongoing developments happening within the CRO ecosystem, as well as in the overall crypto market, we may see CRO reach new heights.
Meanwhile, our long-term CRO price prediction for 2022 is bullish. In addition, it has a high possibility of surpassing over $0.5538 and may reach above $0.9704 this year. However, that will only happen if it breaks past many psychological resistances.
As said above, CRO may even reach $3 if investors have decided that CRO is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
What is CRO?
Crypto.com Coin (CRO) is the native digital currency token of the Crypto.com Chain. Moreover, Crypto.com Chain is an open-source blockchain developed by the Crypto.com trading, payment, and financial services firm.How to buy CRO Tokens?
Like other digital assets in the crypto world, CRO can be traded on many exchanges. Users can obtain CRO tokens by purchasing them from cryptocurrency exchanges such as OKEx or Huobi Global.Is CRO worth buying?
CRO is considered one of the top-rising cryptocurrencies this year. It is a good investment in 2021. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are extremely volatile.What will be the CRO price by 2022?
Crypto.com (CRO) price is expected to reach $0.9704 by 2022.What will be the CRO price by 2023?
Crypto.com (CRO) price is expected to reach $1.3 by 2023.What will be the CRO price by 2024?
Crypto.com (CRO) price is expected to reach $3 by 2024.What will be the CRO price by 2025?
Crypto.com (CRO) price is expected to reach $8 by 2025.What will be the CRO price by 2026?
Crypto.com (CRO) price is expected to reach $15 by 2026.
