- Bullish CRO price prediction ranges from $0.13 to $0.19.
- CRO price might also reach $3 soon.
- CRO bearish market price prediction for 2021 is $0.08.
This Crypto.com Price Forecast 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our CRO price analysis and prediction.
The year 2020 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, 2021 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, many crypto traders are confused about whether it is time to sell or hold their crypto for a good price.
For CRO, this may not be the case as it continues to maintain its uptrend position. In fact, CRO price reached an all-time high price of $0.27 in February. It also reached a 24-hour trading volume of over $43,484,616.
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.
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.
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. Currently, the top crypto trading platforms of CRO are Huobi Global, OKEx, HBTC, Xtheta Global, and CoinTiger
Do you think this market performance of CRO could make it a profitable cryptocurrency in 2021? Are you curious to find out? In this case, let’s head to the charts and find out in this CoinQuora CRO price prediction 2021 article.
CRO Current Market Status
As of the time of writing this Crypto.com (CRO) price analysis, CRO trades at $0.122 with a 24-hour trading volume of $29,210,271. The price of CRO has decreased by 0.97% 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.
CRO Price Analysis 2021
Currently, CRO holds 37th place on CoinGecko. 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.
In the chart above, which is set in a daily time frame, we can see the Ascending Triangle pattern. This is an important indicator since CRO has been showing bearish over the past month. Consequently, the descending triangle pattern hints that CRO will finally go bearish
In the foreseeable future, we can say that CRO has a higher chance of going bearish than bullish. As shown above, at the beginning of this month, CRO turned from its bear to bull trend. This is the result of the high trade volume that occurred in that period.
As shown above, at the beginning of this, CRO turned from its bear-to-bull trend. This shows a high trade volume that happened during that period. The Relative Strength Index (RSI) is at 58, which means that CRO is in neither an overbought or oversold state.
Therefore, traders must trade wisely and must not be affected by the market hype. With this in mind, traders must be cautious in investing to avoid unexpected losses due to the crypto market’s wild swings
Since the start of 2021, CRO’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, CRO has a competitive market this 2021.
CRO Price Prediction 2021
The chart below shows that CRO has performed great over the past few days. If this trend continues, CRO might run along with the bulls, overtaking its $0.19 resistance level and climb higher.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone CRO from its uptrend position. In simpler terms, the price of CRO might plummet to almost $0.08, a bearish signal.
Meanwhile, our long-term CRO price prediction for 2021 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.27 this year. However, that will only happen if it breaks many previous psychological resistances.
CRO Price Prediction 2022
If this bullish trend continues, CRO will reach $1 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $1.5. Then this rise will slow down, but no major falls are expected. With upcoming, partnership, and developments reaching $1.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
CRO Price Prediction 2023
The price of CRO can move even great heights, however reaching $2 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency CRO breaks past the psychological resistance level.
CRO Price Prediction 2024
As per the latest upgrades, developments, CRO price prediction, and new project forecasts of the platform. Moreover, this might boost the price of CRO in the crypto market, and it will be the best investment as the price can spike and reach around $4.2.
CRO Price Prediction 2025
In the next four years, CRO prices could race up to $5. 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 a new ATH soon in the next five years as per the prediction.
CRO has a bright future ahead of it in 2021 to 2025. 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 2021 is bullish. In addition, it has a high possibility of surpassing over $0.19 and may reach above $0.27 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.
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.
Like other digital assets in the crypto world, XRP can be traded on many exchanges. Users can obtain CRO tokens by purchasing them from cryptocurrency exchanges such as OKEx or Huobi Global.
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.
Crypto.com (CRO) price is expected to reach $1.5 by 2022.
Crypto.com (CRO) price is expected to reach $2 by 2023.
Crypto.com (CRO) price is expected to reach $4.2 by 2024.
Crypto.com (CRO) price is expected to reach $5 by 2025.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.