- Crypto.com (CRO) price prediction for 2021 is up to $1.
- CRO price prediction for 2022 is up to $2.
- The CRO bearish market price prediction for 2021 is $0.11.
The crypto world is now back on its feet once more after surviving the market bloodbath in the past weeks. As a result, the crypto world is slowly gaining momentum again, and global investors and traders can’t help but notice it.
Crypto.com (CRO) is one of the most talked-about cryptos in the digital world. For this reason, analysts in the crypto world are now noticing the potential of the CRO cryptocurrency.
Now that we already have some idea about the CRO, do you think Crypto.com will be profitable this year? Let’s check it out in this CryptoNewsLand prediction and analysis article. But before anything else, let us know more about the technology and features of CRO.
What is Crypto.com (CRO)
CRO is one of the cryptocurrencies in the crypto world that offers various ways of earning profit using its platform. Specifically, CRO offers a decentralized wallet that provides staking features to all its users. Best of all, by using the CRO wallet, traders can be sure that their funds stored inside the wallet are protected by a high level of blockchain technology.
In terms of technology, CRO supports 10 million users with the help of blockchain technology. Also, the crypto is already embraced and acknowledged by over 90 countries around the world.
Crypto.com (CRO) Market position
In terms of market position, CRO ranks as one of the top 50 cryptocurrencies in CoinGecko. Furthermore, the crypto has almost $5 billion market capitalization with a 24-hour trading volume of over $97 million. Truly, this rank level and performance of the crypto made crypto investors around the world feel good.
Now that we already have a background regarding the Crypto.com cryptocurrency, do you think CRO will be a good investment in 2021 to 2022? Let us check in this Crypto.com price analysis and Crypto.com price prediction 2021 to 2022 articles.
Crypto.com (CRO) Price Analysis 2021
Based on the graph above, we can see that CRO was able to maintain its uptrend position despite the wild market volatility. In fact, CRO was able to create a record-breaking growth rate of over +500% in the early days of the year. With these achievements, we can say that the crypto is one of the potential cryptos in the market nowadays.
Furthermore, CRO resides above the Fibonacci golden ratio level (0.618), a bullish indicator.
If CRO keeps this trend, the crypto might be able to break other bullish Fibonacci resistances. If it does, CRO may reach the Fibonacci level of .38 and go further in touching the bullish price of $.26. Indeed, this is a price level favored by global traders and investors.
However, if CRO fails to maintain its uptrend position, the price of the crypto might fall. In other words, CRO may experience a price decline below the Fibonacci level of .618.
In this case, CRO must recover and regain its position along with the bulls. Otherwise, the bears might drag the crypto price even further to $.1102. Yes, this is a price level that could cause FUD among its investors.
Meanwhile, the moving average convergence/divergence (MACD) of CRO is about to perform a bullish crossover. In short, the crypto is facing a possible bullish trend in the next few days. If this happens, traders and investors can experience a pump in the price of CRO.
Consequently, if the crypto fails to perform a bullish crossover and moves towards a different direction, it will be a different story.
Crypto.com (CRO) Price Prediction 2021, 2022
The crypto remains as one of the favorite digital assets in the crypto world. One reason to consider why CRO is mostly talked about is the great use cases that CRO poses.
Do you think this is enough to make the crypto profitable in the years to come? Join me in this CRO prediction 2021 and 2022 article.
As shown in the graph above, CRO continues to maintain its uptrend position along with the bulls. Today, CRO trades at a decent price of $.194 above the Arnaud Legoux Moving Averages (ALMA), a bullish indicator.
If CRO keeps this trend, the crypto might be able to break its $.23 resistance level. If it does, CRO may have the chance to rally its price above $.25 and reach the bullish price of $.33.
In this event, the doors that lead to the bullish price of $1 will open, a chance that CRO should not miss. Beat of all, it may reach the skyrocketing price of $1.5 to $2 in 2022. Of course, this will all be possible if the bullish market and investors continue to trust the crypto.
Conversely, if the bullish market turns itself against CRO, the bullish trend of the crypto may turn the other way around. In short, the price of the crypto may slide to almost $.116, a bearish territory.
In this case, the CRO bulls must regain their composure and rally back its price. Or else, the bears might create the existing support level to its new resistance level. Indeed, this is not a good event for the eyes of the investors.
On the other hand, the relative strength index (RSI) of the crypto is at level 47.91, a neutral state. In other words, the crypto is neither oversold nor overbought. As a result, traders and investors can trade with confidence without worrying about any major price reversal. But, if the crypto breaks either level 30 or 70 it will be a different story for CRO.
Conclusion
The CRO price prediction 2021, 2022 and some months ahead may reach $1 in 2021 while $1.5 to $2 in 2022. This CRO price prediction 2021 to 2022 may come to reality if the crypto continues to upgrade its network to invite more investors. However, if the crypto fails to be competitive against other crypto networks, CRO may fall to almost $.11.
Market Prediction for Crypto.com (CRO) Price
1. Digitalcoin
Digitalcoin is one of the trusted names in the crypto world as the firm claims. It has already established accurate crypto analyses and the latest news stories over time. For this reason, the 2021 forecast of Wallet Investor for CRO amounts to $0.28.
2. Bitgur
Based on the high-resolution deal analysis from crypto exchanges, Bitgur was able to come up with the CRO price forecast. Specifically, Bitgur’s prediction for CRO would reach $.27 in the next 30 days.
3. TradingBeasts
TradingBeasts is one of the crypto networks that based its prediction and analysis using historical data with the combination of linear and polynomial regressions. As a result, the price forecast of TradingBeasts for CRO will reach the maximum price of $.31 in May 2022.
FAQ
CRO is one of the active cryptocurrencies this year. Yes, we can say that CRO is one of the good investments this year in terms of technology achievements.
Currently, the trading price of CRO amounts to almost $.2 per token. If the bullish market continues to favor the crypto, CRO might be able to reach the bullish price of $1 in no time.
Regarding the market price, CRO might be able to reach the bullish price of $1 to $2 on or before 2022.
Disclaimer: The technical analysis expressed in this article does not necessarily reflect the views of CryptoNewsLand (CNL). Readers of this article should not take this as financial advice. CNL strongly recommends that all users do their own in-depth research before investing in cryptocurrency.
Other Cryptocurrency Predictions:
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
