The cryptocurrency market is always volatile, and predicting the future price of any coin is a difficult task. However, that hasn't stopped experts and analysts from trying to forecast the direction of CRO's price in 2023.
CRO, short for Crypto.com Coin, is a cryptocurrency that was created by the company Crypto.com. Crypto.com was founded in 2016 and has since become one of the top 100 cryptocurrencies by market capitalization. As of January 2023, CRO has a market cap of over $1,603,064,026 and is ranked as the 30th largest cryptocurrency.
CRO is built on the Ethereum blockchain, which means that any updates or improvements to the Ethereum network could potentially impact the coin's value. For example, if Ethereum introduces new features or scales up its capacity, this could make CRO more attractive to users and potentially drive up its price.
Let's dive more deeply into our analysis and Cronos (CRO) price prediction for 2023.
Price Prediction for Cronos (CRO) in 2023
Price forecasts for Cronos (CR) range from $0.0493 to $0.2015. The Relative Strength Index (RSI) of CRO would be more than 36.94 by the end of this year. We could expect the price to surge to $0.25 by the end of 2023.
Price Prediction for Cronos (CRO) in 2024
We could expect CRO to trade at a price not below $1.084 by the end of 2024.
Conclusion
Cronos has potential to reach $0.7 in 2023 and $27 by 2030 if investors have decided that CRO is a good investment along with flagship cryptocurrencies like Bitcoin and Ethereum
What do you think about what people said that crypto.com would be the next exchange to crash after FTX?