Cronos Gained 118.30% in Last Month and is Predicted to Reach $ 0.216076 By Nov 23, 2024
Cronos is predicted to increase 24.85% in the next 5 days and hit a price target of $0.216076 per CRO. Check out today's Cronos price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Cronos is up 6.42% today against the US Dollar
- CRO/BTC increased by 5.46% today
- CRO/ETH increased by 4.18% today
- Cronos is currently trading 20.91% below our prediction on Nov 23, 2024
- Cronos gained 118.30% in the last month and is up 77.43% since 1 year ago
| Cronos price | $ 0.170899 |
| Cronos prediction | $ 0.216076 (24.85%) |
| Sentiment | Bullish |
| Fear & Greed index | 83 (Extreme Greed) |
| Key support levels | $ 0.155256, $ 0.150449, $ 0.146826 |
| Key resistance levels | $ 0.163686, $ 0.167310, $ 0.172117 |
CRO price is expected to rise by 24.85% in the next 5 days according to our Cronos price prediction
Cronos price today is trading at $ 0.170899 after gaining 6.42% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 7.47% in the same time period. CRO performed well against BTC today and recorded a 5.46% gain against the world’s largest cryptocurrency.
According to our Cronos price prediction, CRO is expected to reach a price of $ 0.216076 by Nov 23, 2024. This would represent a 24.85% price increase for CRO in the next 5 days.
CRO Price Prediction Chart
What has been going on with Cronos in the last 30 days
Cronos has been displaying a positive trend recently, as the coin gained 118.30% in the last 30-days. The medium-term trend for Cronos has been bullish, with CRO increasing by 98.81% in the last 3 months. The long-term picture for Cronos has been positive, as CRO is currently displaying a 77.43% 1-year price change. On this day last year, CRO was trading at $ 0.096319.
Cronos reached its all-time high price on Nov 24, 2021, when the price of CRO peaked at $ 0.959822. The current CRO cycle high is $ 0.227564, while the cycle low is at $ 0.048820. CRO has been displaying high volatility recently – the 1-month volatility of the coin is at 37.74. Cronos recorded 15 green days in the last 30 days.
Cronos technical analysis for today - Nov 18, 2024
The sentiment in the Cronos markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 0.155256, $ 0.150449 and $ 0.146826, while $ 0.163686, $ 0.167310 and $ 0.172117 are the key resistance levels.
Bullish sentiment for Cronos
26 indicators are currently signaling a bullish prediction for Cronos, while 3 indicators are showing a bearish forecast. With 90% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Cronos.
Crypto market is currently experiencing Extreme Greed
Currently, the Fear & Greed index is at 83 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Cronos moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Cronos is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.134264 (BUY) | $ 0.113347 (BUY) | - | - |
| MA5 | $ 0.144477 (BUY) | $ 0.101188 (BUY) | - | - |
| MA10 | $ 0.145554 (BUY) | $ 0.090465 (BUY) | - | - |
| MA21 | $ 0.111457 (BUY) | $ 0.085071 (BUY) | $ 0.008819 (BUY) | $ 0.094212 (BUY) |
| MA50 | $ 0.091788 (BUY) | $ 0.083714 (BUY) | $ 0.060494 (BUY) | $ 0.096446 (BUY) |
| MA100 | $ 0.088037 (BUY) | $ 0.086868 (BUY) | $ 0.024911 (BUY) | $ 0.104115 (BUY) |
| MA200 | $ 0.099897 (BUY) | $ 0.092436 (BUY) | $ 0.012961 (BUY) | $ 0.057970 (BUY) |
| Period | Value | Action |
| RSI (14) | 57.77 | NEUTRAL |
| Stoch RSI (14) | 61.43 | NEUTRAL |
| Stochastic Fast (14) | 56.97 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 56.59 | SELL |
| Awesome Oscillator (5, 34) | 0.07 | NEUTRAL |
| Momentum (10) | 0.07 | NEUTRAL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -43.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 53.40 | NEUTRAL |
| VWMA (10) | 0.17 | SELL |
| Hull Moving Average (9) | 0.17 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.15 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Cronos is at 57.77, suggesting that CRO is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Cronos over the last 50 days. Currently, Cronos is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the CRO closing price for the last 200 days. CRO is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Cronos prediction
After considering the above factors, we can conclude that the current forecast for Cronos price prediction is Bullish. CRO would have to increase by 24.85% to hit our $ 0.216076 target within the next five days. Moving forward, it will be important to monitor the CRO market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Cronos price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
What's Your Reaction?
