Core

The post <a href="https://coinpedia.org/price-analysis/core-price-prediction-core-price-to-hit-3-5-soon/" rel="noopener noreferrer nofollow">Core Price Prediction: CORE Price To Hit $3.5 Soon?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The Core price has displayed a significant uptrend by adding 10.36% to its portfolio within the past day. Moreover, it has added 40.88% within the past seven days and 307.22% over the past 30 days, highlighting a positive outlook for this altcoin in the long-term perspective.
After displaying a neutral trend by trading in a consolidated range between $0.45 and $0.86 for over 4 months, the CORE price successfully gained momentum during March. The CORE token broke out of its resistance level, resulting in its price recording a jump of 655% within the next 10 days.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/P_QPA6HtQiUvNXbprKrw1vyDqjn7NlD7j77s3itT6CsN3gsJ15NpnirKlVYJV2GpbEp3XbhgNylokJuaKWJbZfNPqyLR7MK6Y9zhEq7GIP9ZcgaC1EcQPzF3Bk2zMOo0IYEBEr9h6sp4QVSTQgvzB5M" alt="CORE Price Prediction 2024">
 <figcaption class="wp-element-caption">
 TradingView: CORE/USDT
 </figcaption>
</figure>
Following this, the price faced rejection at $4.380 and recorded a correction of 44.30% in valuation. The bulls failed to hold the price at that level, resulting in it recording another loss of 50.29%. Despite increased volatility, the Core token faced repeated rejection at $2.7175.
Since then, the price has been trading between $1.99 and $2.71. Positively, the Core token is on the verge of testing its resistance level, the outcome of which is unpredictable.
The technical indicator, MACD, displays a constant decline in the red histogram, highlighting increased buying pressure for the Core token in the crypto space. Furthermore, the averages show a high possibility of a bullish convergence, suggesting a bullish outlook for the CORE price this week.
<h2 class="wp-block-heading" id="h-will-core-price-go-up">Will CORE Price Go Up?</h2>
If the market pushes the Core price above the resistance level of $2.71, the bulls will continue trading under a positive influence and test its upper resistance level of $3.34. Moreover, if the bulls hold the price at that level, the Core coin price will prepare to test its upper resistance level of $3.78 this month.
However, if the market experiences a bearish reversal, the altcoin will start trading under a bearish influence and fall toward its support level of $1.99. Further, if the bears continue to overpower the bulls, the Core token will continue bleeding and test its crucial support level of $1.34.

Core Price Prediction: CORE Price To Hit $3.5 Soon?

Съдържание

CoinPedia News

Други статии, публикувани на 22.04.2024 г.

Latest Market Overview 21st Feb: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, LINK, DOT

PEPE rises ahead of Coinbase listing as Slothana prepares for IEO

Binance Executive Found in Kenya, Facing Extradition to Nigeria

AI Predicts Best Meme Coins on BASE: HIGHER and DEGEN

El Salvador’s New Bitcoin Vault: A Strategic and Symbolic Plan

Dogecoin’s Market Trajectory: Analysis and Predictions by Crypto Experts

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!