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 6.92% today against the US Dollar
CRO/BTC increased by 7.40% today
CRO/ETH increased by 7.46% today
Cronos is currently trading 10.55% below our prediction on Jan 22, 2023
Cronos gained 42.23% in the last month and is down -82.77% since 1 year ago
Cronos price $ 0.079760 Cronos prediction $ 0.089170 (11.80%) Sentiment Bearish Fear & Greed index 51 (Neutral) Key support levels $ 0.075196, $ 0.069408, $ 0.065249 Key resistance levels $ 0.085144, $ 0.089303, $ 0.095091
CRO price is expected to rise by 11.80% in the next 5 days according to our Cronos price prediction
Cronos price today is trading at $ 0.079760 after gaining 6.92% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 0.93% in the same time period. CRO performed well against BTC today and recorded a 7.40% gain against the world’s largest cryptocurrency.
According to our Cronos price prediction, CRO is expected to reach a price of $ 0.089170 by Jan 22, 2023. This would represent a 11.80% price increase for CRO in the next 5 days.
CRO Price Prediction Chart
Buy/Sell Cronos
What has been going on with Cronos in the last 30 days
Cronos has been displaying a positive trend recently, as the coin gained 42.23% in the last 30-days. The medium-term trend for Cronos has been bearish, with CRO dropping by -26.25% in the last 3 months. The long-term picture for Cronos has been negative, as CRO is currently displaying a -82.77% 1-year price change. On this day last year, CRO was trading at $ 0.462914.
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 $ 0.083515, while the cycle low is at $ 0.055158. CRO has been displaying low volatility recently – the 1-month volatility of the coin is at 9.48. Cronos recorded 19 green days in the last 30 days.
Cronos technical analysis for today - Jan 17, 2023
The sentiment in the Cronos markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.075196, $ 0.069408 and $ 0.065249, while $ 0.085144, $ 0.089303 and $ 0.095091 are the key resistance levels.
Bearish sentiment for Cronos
16 indicators are currently signaling a bullish prediction for Cronos, while 18 indicators are showing a bearish forecast. With 53% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Cronos.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 51 (Neutral), which signals that investors have a neutral 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 $ 0.077092 (BUY) $ 0.080985 (SELL) - - MA5 $ 0.073825 (BUY) $ 0.077087 (BUY) - - MA10 $ 0.068529 (BUY) $ 0.071618 (BUY) - - MA21 $ 0.062887 (BUY) $ 0.066319 (BUY) $ 0.090623 (SELL) $ 0.090200 (SELL) MA50 $ 0.062155 (BUY) $ 0.066443 (BUY) $ 0.193555 (SELL) $ 0.153241 (SELL) MA100 $ 0.078393 (BUY) $ 0.078305 (BUY) $ 0.225092 (SELL) $ 0.180418 (SELL) MA200 $ 0.101270 (SELL) $ 0.114261 (SELL) $ 0.150091 (SELL) $ 0.171231 (SELL)
Period Value Action RSI (14) 79.66 SELL Stoch RSI (14) 81.50 SELL Stochastic Fast (14) 85.99 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 47.42 BUY Awesome Oscillator (5, 34) 0.01 NEUTRAL Momentum (10) 0.02 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -14.01 SELL Ultimate Oscillator (7, 14, 28) 73.10 SELL VWMA (10) 0.07 BUY Hull Moving Average (9) 0.08 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.07 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 79.66, suggesting that CRO is currently overbought.
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 above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Cronos prediction
After considering the above factors, we can conclude that the current forecast for Cronos price prediction is Bearish. CRO would have to increase by 11.80% to hit our $ 0.089170 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.
