Keynote
- The collaboration aims to attract developers who build RWA platforms and Defi protocols on the blockchain associated with crypto.com.
- Technical indicators show that CROs are struggling with weak momentum as RSI is located at 39.34 in bearish territory.
- Despite trading on AWS, trader sentiment remains vulnerable as CROs risk slides towards September lows near $0.15.
Less than a year after landing similar transactions with Google Cloud, Cronos announced an infrastructure partnership with Amazon Web Services to optimize asset tokenization with the Crypto.com-Affiliated Layer 1 blockchain. Flat-ring native token CRO prices for under $0.20 under pressure from the turbulence of the broader crypto market.
The Cronos Labs team, led by founder Mirko Zhao, confirmed the announcement in a press release on September 30th.
According to the official statement, the agreement offers up to $100,000 in AWS credits per Startup to expand early-stage pilots of AI-powered applications built on the RWA platform, Defi protocol and Cronos.
“The next growth cycle is defined by tokenization and real-world assets. Cronos will be placed independently by distributing it through Crypto.com, fixed liquidity in CROs, and roadmap that connects tokenization and AI to one interoperable system.
The announcement coincides with Cronos’ 2025-2026 roadmap, cites $100 billion in tokenized assets and 20 million global users as major growth milestones this year.
Chronos signed a similar agreement with AWS rival Google Cloud in November 2024, highlighting the team’s long-term focus on asset tokenization touring and infrastructure over the past year.
CRONOS (CRO) prices remain below $0.20 on September 30th in response to the AWS Partnership deal. Source: CoinMarketCap
With a market capitalization of $6.73 billion, Cronos’ Cros Native Token is currently the 22nd largest cryptocurrency, according to data from CoinmarketCap. Despite trading volumes rising 68.6% over the last 24 hours, CRO price response to the Amazon partnership remains below $0.20 at the time of publication on September 30th.
Cronos (CRO) Price Prediction: Mixed Signal of Trader Weight, as RSI remains in the BEAR area
Cronos’ partnership with Amazon Web Services failed to induce immediate price savings.
Cro
$0.19
24-hour volatility:
0.7%
Market Cap:
$6.75 b
Vol. 24H:
$83.36 m
After a short recovery attempt, dip in $0.193. Sales News Reactions highlight vulnerable sentiments as traders squeeze turbulence in the wider market.
CRONOS (CRO) Technology Price Analysis | Source: TradingView
From a technical standpoint, the CRO’s relative strength index (RSI) of 39.34 shows weak momentum and is bordered towards the sold territory. Located at $0.18 under the current candle, the parabolic SAR dot confirms a short-term bullish response and continues to live upside down hope as increased volumes increase liquidity.
Conversely, the 1.42B price-style trend (PVT) flatline suggests that fresh capital inflows remain limited despite higher activity.
If bearish sentiment and a frenzy of cell news outweigh the demand, Cro Price risks approaching $0.15 towards its September low. Conversely, the Bulls must regain the $0.23 key level marked with the bright SAR indicator.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
Ibrahim Ajibade is a veteran research analyst with a background in supporting a variety of Web3 startups and financial organizations. He holds a bachelor’s degree in economics and currently holds a master’s degree in blockchain and distributes ledger technology at the University of Malta.
Ibrahim Ajibade on LinkedIn