$0.13
$0.00 (-2.75%)
End-of-day quote: 2022-10-17
CRO/USD

Is Cronos on the rise?

No, April 24, 2022 has been on a long-term downswing since Cronos, gaining -67.5 percent. The 200-day trendline is currently 37.39 percent away from the current price, 0.23 percent from the 100-day line, and -13.63 percent from the 50-day line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Cronos price prediction for 2023

To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.

There was quite a range of predictions from different analysts about where the price of Cronos would be in 12 months' time. The most optimistic said it could reach $0.15, while the most pessimistic said it could drop to $0.11.

However, the most recent average price target for the next year is $0.13, which is the most significant.

This means there is a possibility of Cronos losing -0.28 percent of its value in 2023.

CRO - Relative Strength Forecast

Cronos has broken the 25 strength line from below on 2022-08-05 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Late Sep 2022 we see how the relative strength falls from above 25 to below 25. Thus, Cronos has been in a sell signal since 2022-09-27.

CRO - Trend Prediction

CRO - Price Volatility Prediction

From 03/16/2022 we see a weak Cronos below the moving average, which thereby causes falling prices of Cronos. From early Apr 2022 we then see a weak Cronos, which then triggers a sell signal.

CRO - Relative Strength

From 08/14/2022 to 08/15/2022 Cronos was so overbought that this led to a reversal trend. Late Oct 2022 we then see Cronos developing more and more weakness, which is a sell signal.

CRO - Momentum Forecast

Mid Oct 2022 Cronos left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Cronos for a longer period of time which led to negative signals for Cronos.

What Will Happen to Cronos in 2025-2030?

The long-term prospects for Cronos appear to be very good. According to the predictions of 9 different analysts, the value of Cronos is expected to reach $0.13 by March 2025. Furthermore, their five-year forecast predicts that Cronos will be worth $0.13 by 2027. Finally, by 2030, the long-term projection is that Cronos will have a value of $0.13.