Chromia is a blockchain platform, making it easy for people to build decentralized apps in the real world, for a better world. Its unique architecture makes it both a blockchain and a database platform. Chromia is an independent Layer One, or a Layer Two to ship fast things faster.
Now, we shall consider the price analysis of Chromia (CHR) for the coming years.
According to the tweet on the official Twitter handle of Chromia on April 14th, 2022, CHR holders can now stake it on the Binance Smart Chain. This has created an opportunity for more users in the community who want to hodl for a long-term to earn staking rewards instead of keeping it on exchanges with no rewards. With this, the price of Chromia (CHR) might rise as a result of its reduced volume in circulation.
We shall now consider what charts are showing about the price analysis of Chromia (CHR).
From the 1-day chart above showing EMA Ribbon indicator for CHR/USDT, we can deduce that the price of Chromia might dip further. This is because the EMA ribbon moving averages is above the recently formed candlesticks.
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for CHR/USDT, we can see that its BOP value is -0.25. Since it is below 0, it means that the bears are having their way and that the price of Chromia might decrease soon since it also has a negative divergence.
Now, we shall look at the price prediction of Chromia (CHR) for the coming years.
The price of Chromia (CHR) is expected to gain at least 8% by the end of June 2022 from its present price from its technical analysis. This means that it will be trading AT around $0.44 by the end of the first half. Its price is expected to rise by at least 5% in the second quarter. This means that Chromia would trade for at least $0.46 by the end of December 2022.
The price of Chromia (CHR) is expected to gain at least 10% by the end of June 2023 from its present price from its technical analysis. This means that it will be trading around $0.51 by the end of the first half. Its price is expected to rise by at least 9% in the second quarter. This means that CHR would trade at least $0.55 by the end of December 2023.
The price of Chromia (CHR) is expected to gain at least 10% by the end of June 2024 from its present price from its technical analysis. This means that it will be trading around $0.61 by the end of the first half. Its price is expected to rise by at least 15% in the second quarter. This means that CHR would trade at least $0.70 by the end of December 2024.
The price of Chromia (CHR) is expected to gain at least 18% by the end of June 2025 from its present price from its technical analysis. This means that it will be trading around $0.83 by the end of the first half. Its price is expected to rise by at least 8% in the second quarter. This means that CHR would trade at least $0.89 by the end of December 2025.
The price of Chromia (CHR) is expected to gain at least 10% by the end of June 2026 from its present price from its technical analysis. This means that it will be trading around $0.98 by the end of the first half. Its price is expected to rise by at least 6% in the second quarter. This means that CHR would trade at least $1.05 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Chromia (CHR) price.
PricePrediction
According to PricePrediction, the coin’s average price could reach $0.61 by the end of 2022 and surge to $19.52 by 2031 which represents a 3100% increase.
DigitalCoin
According to DigitalCoin’s Chromia (CHR) price prediction, the average price could reach $0.56 in 2022 and rise further by over 217% by 2030 to trade at $1.78.
Wallet Investors
According to Wallet Investors price prediction, the average price of Chromia (CHR) in 2023 could be $0.88, surging by 235% in four years to trade at $2.95 in 2027.
The price of Chromia (CHR) will trade at least $0.46 by the end of 2022 and then increase by over 128% in four years' time to trade at $1.05 by the end of 2026.
Chromia (CHR) long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.