Cronos

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As crypto assets recover from the 2022 crypto winter, Cronos (CRO) has recorded massive gains in 24 hours. Cronos’ trading volume has spiked by 301.28%, showing that the coin has attracted more trading activity.
Generally, the crypto market has seen a slight price increase. Bitcoin, the number one cryptocurrency, has enjoyed a positive rally and has influenced the rise of altcoins such as CRO. 

Cronos’ price surged by over 9% in 24 hours, continuing its impressive price action into 2023. The cryptocurrency’s wide range of applications in various spheres has also helped to push this crypto revival.
What Is Behind This Rally?
Cronos is an open-source blockchain that facilitates Crypto.com’s Pay mobile app payments. However, the Cronos blockchain, which is Ethereum compatible, has upgraded and redesigned the project focus to integrate Web 3 and NFTs. 
The asset’s price has benefitted from increased adoption, evident in the more than 100% spike in trading activity. Cronos network now supports activities on the Metaverse. NFTs and Games are part of the new projects adopted to keep up with modern trends.
The network has also maintained its core objective of providing decentralized finance (DeFi) solutions. Crypto users can carry out financial transactions on the blockchain fast and anonymously. Cronos has built a strong followership that interacts on social media channels.
The launch of Cronos Chain, compatible with Ethereum, has put the project on the front foot. The Cronos chain allows the migration of DApps built on the Ethereum blockchain and supports the Inter Blockchain Communications (IBC) protocol. The IBC protocol lets Cronos connect to the Cosmos ecosystem and interact with its DApps.

 Cronos (CRO) Price Prediction What To Expect
CRO is gaining in the market today, currently trading at $0.0806. The support levels for CRO are $0.070164, $0.071703, and $0.072919, while the resistance levels are $0.075674, $0.077213, and $0.078429. 
Cronos is currently trading above its 50-day Simple Moving Average (SMA) but is below its 200-day SMA. It implies that this price action could operate as a short-lived rally. On the price chart, the candles are in an ascending pattern. However, the candle for today has a long upper wick implying that the bears are trying to push the price down.
The Relative Strength Index (RSI) is bullish and in the overbought zone, at 79.27. It represents the massive spike in trading volume in Cronos. However, the RSI might retrace into the channel in the coming days.
The Moving Average Convergence/Divergence (MACD is above its signal line, which is also a buy signal. But, the MACD is showing minimal divergence, implying that there might be a trend reversal in the short term. Cronos will likely continue to trade in the green for a few days before slightly retracing.

A conservative approach to trading the asset might be the best option. More importantly, understand that a digital asset that declines in value by 50% will need to rally to 100% to return to its former value. This feat is difficult for altcoins and meme coins to accomplish. 



As crypto assets recover from the 2022 crypto winter, Cronos (CRO) has recorded massive gains in 24 hours. Cronos&#8217; trading volume has spiked by 301.28%, showing that the coin has attracted more trading activity. Generally, the crypto market has seen a slight price increase. Bitcoin, the num...

newsbtc.com

Cronos (CRO) Prints Over 9% Gains In A Day While Market Sees Correction

Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. Its native token Cronos, despite the challenges, was able to withstand the beating.
Although this is incredibly small compared to the big shots of the market, its mere survival could mean big things for its growth. 

CRO And Macroeconomic Trends
The crypto market saw its value drop sharply as the bear market gripped the broader financial market. With major crypto institutions collapsing and the crypto market learning the mistakes of the 2008 financial crash, the industry is ready for a new start this year. 
The Federal Open Market Committee (FOMC) Meeting Minutes that kicked off yesterday certainly had an effect on Cronos (CRO) as a whole. After dropping in price in the past days, the minutes gave new hope to investors as Cronos traded at $0.0597 and gained 2.4% in the past 24 hours. 


Major cryptocurrencies like Bitcoin and Ethereum also rose after news of a seemingly dovish macroeconomic stance by the U.S. Federal Reserve. 
This dovish stance can be a sign that the consumer price index (CPI) might be lower than that of November’s. A strong sign that the previous year’s interest hikes have a strong effect on managing the inflation problem. However, it remains to be seen whether it did lower or not. 

Investors Should Watch This Level…
Good macros aside, the central bank is still hawkish on the acceptance of crypto on the financial system. But with that said, the crypto market and the traditional financial space are increasingly intertwined with one another and with the International Monetary Fund pushing for regulation. 
Although the markets should anticipate the introduction of legislation, CRO investors should still focus on the macro trends that will have an effect on the market right now. Next week, the Fed is expected to release the CPI data that would have an effect on the markets. 
Meanwhile, investors and traders should watch a breakthrough on the current CRO resistance at $0.0607 which would be a bullish indicator of things to come. 
But with the CPI data incoming, holding off any major decision could be the wisest choice to do. 



Monitoring how Bitcoin and Ethereum move will also be crucial. Even though Cronos correlation is low right now, major market movements made by these two top cryptos would determine where the entire cryptocurrency market might go. 
However, with the fears of a recession gripping the markets, gains higher than $0.0638 might be impossible for Cronos as investor sentiment is dampened. 
As the situation unfolds, investors and traders will have an answer as to what to do with their Cronos holdings.


Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. Its native token Cronos, despite the challenges, was able to withstand the beating. Although this i...

Cronos (CRO) Up 4% In Last Week Amid Recession Fears

Dubai, December 13th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today announces its partnership with Cronos. Zogi Labs has won a spot amongst batch 6 of the Cronos ecosystem grant, alongside the signing of an MOU between Cronos & Zogi Labs, forming a strategic partnership which will pave the way for the future of Zogi Labs & Cronos products.
“With the signing of a strategic partnership, we plan on mutually supporting each other’s products and ecosystems to bring massive benefits to the end user. With our new ZOGI token on Cronos chain, along with plans for further collaboration, we’re expecting massive growth and a wealth of opportunity in working together with Cronos.” Steven Murray, CEO, Zogi Labs
“We are excited to welcome Zogi Labs and their flagship MMORPG, The Legends of Bezogia, to Cronos. Games are a core pillar of the Cronos ecosystem and we look forward to supporting Zogi Labs to bring their games to the growing Cronos user base.”  Ken Timsit, Managing Director, Cronos
Zogi Labs x Cronos
The Cronos & Zogi Labs ecosystems are a perfect fit to work hand in hand thanks to Cronos’s suite of tools including Crypto Play & multiple dApps which grow ecosystems such as DEX, NFT Marketplaces & Launchpads along with Crypto.com services such as Crypto.com Pay. Working closely with Cronos on future developments, Zogi Labs will be able to fully utilize the VVS Finance DEX to spread liquidity and launch future tokens such as MBLK on the platform, giving holders more opportunities to trade and hold their tokens with extremely low gas fees. 
ZOGI has launched on VVS Finance, powered by Cronos, on December 9th. 
The future of ZOGI Labs & Cronos
With the partnership, users can trade Zogi, and in future MBLK, on Cronos chain. Alongside this milestone, the communities of both Zogi Labs and Cronos can expect many more cross-chain collaborations including:

Zogi Bridge integration on Cronos
NFT mystery boxes and item sales
The public launch of MBLK
User activities, rewards, giveaways, and prizes
Integration of Crypto.com Pay and other Crypto.com services

The future of Zogi Labs & Cronos is a bright one, with two major forces in the crypto industry joining forces to bring next-level industry-first innovations. Zogi Labs looks forward to working closely with Cronos and Crypto.com to push the boundaries of creativity and functionality in the world of crypto in 2022 and beyond. 
Learn more about how ZOGI works by reading the full whitepaper. 
Click to buy ZOGI on Cronos
Press Contact 
For more information on Zogi Labs please visit http://www.zogilabs.io
Press Contact 
press@bezoge.com / Malcolm Russell
###
About Zogi Labs Ltd.:
Founded in 2021, Zogi Labs Ltd, previously known as Bezoge Earth, under the game title of The Legends of Bezogia is an emerging cross-platform MMORPG play & earn blockchain game, available in Beta on PC, with support for iOS and Android devices coming soon. 
About Cronos:
Cronos is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org, and more than 400+ app developers and partners. Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 70+ million users globally.
 
 
 

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.


Dubai, December 13th &#8211; Zogi Labs, a pioneering crypto company &#38; gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today announces its partnership with Cronos. Zogi Labs has won a spot amongst batch 6 of the Cronos ecosyst...

news.bitcoin.com

Zogi Labs Enters Partnership with Cronos to Launch The Legends of Bezogia

Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The ZOGI token is a wrapped version of the primary BEZOGE token optimized for the Zogi Labs decentralized ecosystem. From day one of launch, ZOGI will be available on Cronos, BNB Chain & Ethereum, rapidly boosting the exposure of the token which can now be wrapped and moved between chains instantly, with very low gas fees using the upcoming Zogi Bridge. 
“With the launch of ZOGI on Cronos, BNB Chain & Ethereum, we’re taking our native token BEZOGE to the next level by allowing users to wrap their BEZOGE into ZOGI and bridge it quickly and securely between chains. ZOGI expands our ecosystem to multiple chains, and we expect to see massive growth and exposure, giving our dedicated community the flexibility they need to increase the utility of their BEZOGE & ZOGI tokens.” Steve Murray, CEO, Zogi Labs
Wrap & bridge in Zogi Hub
The Zogi Hub acts as a portal for everything Zogi. Within the decentralized application, users will be able to access all Zogi products in one place, with the Wrapper and Bridge being available first. 
Wrapping allows BEZOGE holders to wrap their tokens into ZOGI at a 1 to 1 billion ratio. ZOGI can then be bridged to one of the new chains (Cronos / Ethereum / BNB Chain) using the fast & secure Zogi Bridge. The bridge, developed in-house gives Zogi holders total control over the bridging process, maximizing security and transparency with every transaction, letting customers bridge between chains with ease and comfort in a single click.

Why ZOGI is good for BEZOGE holders
The launch of ZOGI gives current and new BEZOGE holders the flexibility to hold their tokens on three different chains, as opposed to just one. With the goal of being chain agnostic, multi-chain ZOGI presents holders with the following benefits:

Lower gas fees. 
Enhanced flexibility.
Access to new ecosystems, each chain has its own unique user base.
More chains to be supported in the near future. 

The only way to mint ZOGI is by locking BEZOGE into the wrapping contract, ZOGI can also be unwrapped at the same rate so that users can reap the benefits of both tokens. 
Learn more about how ZOGI works by reading the full whitepaper.
Click to buy ZOGI on Cronos
Click to buy ZOGI on BNB Chain
Click to buy ZOGI on Ethereum
For more information on Zogi Labs please visit http://www.zogilabs.io.
Press Contact 
press@bezoge.com / Malcolm Russell
###
About Zogi Labs Ltd.:
Founded in 2021, Zogi Labs Ltd, previously known as Bezoge Earth, under the game title of The Legends of Bezogia is an emerging cross-platform MMORPG play & earn blockchain game, available in beta on PC, with support for iOS and Android devices coming soon.
 
 

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.




Dubai, December 9th &#x2013; Zogi Labs, a pioneering crypto company &#038; gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain &#038; Ethereum. The ZOGI token is a wrapped vers...

ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper

CRO price started a fresh increase from the $0.062 support zone. Cronos bulls are now aiming a strong move towards the $0.094 level in the near term.

CRO price started a decent increase above the $0.065 resistance against the US dollar.
The price is trading above $0.070 and the 100 simple moving average (4-hours).
There was a break above a major bearish trend line with resistance at $0.0650 on the 4-hours chart of the CRO/USD pair (data source from Coinbase).
The pair could continue to rise towards the $0.080 and $0.094 resistance levels.

Cronos CRO Price Eyes Fresh Rally
This past month, cronos’s price found support near the $0.0615 zone against the US Dollar. CRO formed a base above the $0.0615 and $0.0620 levels before it started a fresh increase.
There was a clear move above the $0.0650 resistance zone and the 100 simple moving average (4-hours) to move into a positive zone. Besides, there was a break above a major bearish trend line with resistance at $0.0650 on the 4-hours chart of the CRO/USD pair.
The price is now trading above $0.070 and the 100 simple moving average (4-hours), outperforming bitcoin and ethereum. On the upside, an immediate resistance is near the $0.074 level. It is close to the 23.6% Fib retracement level of the main drop from the $0.131 swing high to $0.0568 low.
The next major resistance is forming near the $0.080 zone. If there is an upside break above the $0.08 resistance level, the price could start another strong increase.

Source: CROUSD on TradingView.com
In the stated case, the price could rise steadily towards the $0.094 level. It is close to the 50% Fib retracement level of the main drop from the $0.131 swing high to $0.0568 low.
Dips Limited in CRO?
If CRO price fails rise above the $0.074 and $0.080 resistance levels, it could start a downside correction. An immediate support on the downside is near the $0.07 level.
The main support is near the $0.0650 level and the 100 simple moving average (4-hours). A downside break below the $0.065 level could open the doors for a fresh decline towards $0.062. The next major support is near the $0.060 level.
Technical Indicators
4-hours MACD – The MACD for CRO/USD is gaining momentum in the bullish zone.
4-hours RSI (Relative Strength Index) – The RSI for CRO/USD is now in the overbought zone.
Major Support Levels – $0.070 and $0.065.
Major Resistance Levels – $0.074, $0.08 and $0.094.


CRO price started a fresh increase from the $0.062 support zone. Cronos bulls are now aiming a strong move towards the $0.094 level in the near term. CRO price started a decent increase above the $0.065 resistance against the US dollar. The price is trading above $0.070 and the 100 simple moving ...

Cronos price	$0.082382
Low - High 24H	$0.081106 - $0.082841
Market cap	$2.09B
Volume 24H	$18.57M
All time high	$0.965407 -91.46% November 24th 2021
All time low	$0.01212 579.90% February 8th 2019
Genesis date	N/A

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