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4 months ago
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ARTICLE AD BOX
- Core (CORE) price prediction for 2024 is $2.6379 to $6.9169.
- Core (CORE) price might reach $10 soon.
- Core (CORE) price prediction for 2024 is $0.4733.
Core (CORE) price prediction 2024, 2025-2030, we will analyze the price patterns of CORE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
CORE (CORE) PRICE PREDICTION 2024 |
|
| CORE (CORE) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Core (CORE) Current Market Status
| Current Price | $1.42 | 24 – Hour Price Change | 1.55% Up |
| 24 – Hour Trading Volume | $71,318,469 |
| Market Cap | />$1,276,618,114 |
| Circulating Supply | 899,175,895 CORE | All – Time High | $6.47 (On Feb 08, 2023 ) |
| All – Time Low | $0.3432 (On Nov 03, 2023) |
What is Core (CORE)
| TICKER | CORE |
| BLOCKCHAIN | Core Chain |
| CATEGORY | Blockchain Infrastructure |
| LAUNCHED ON | January 14, 2023 |
| UTILITIES | Governance, Community Engagement, & Rewards. |
Core serves as Solana’s primary liquidity aggregator, facilitating seamless token trading and Core (CORE) is a decentralized blockchain platform designed to offer scalable and secure solutions for various applications. The CORE network focuses on interoperability, allowing different blockchains to interact seamlessly and facilitating the integration of multiple decentralized applications (dApps). CORE aims to address the limitations of current blockchain technologies, such as scalability, speed, and cost, by implementing innovative consensus mechanisms and architectures.
CORE utilizes a hybrid consensus mechanism that combines Proof of Stake (PoS) and other advanced technologies to ensure high throughput and security. This approach helps in achieving faster transaction processing and lower fees compared to traditional blockchain networks. Additionally, CORE is designed to be developer-friendly, providing tools and resources to facilitate the creation and deployment of dApps on its platform.
CORE’s vision is to create a blockchain ecosystem that can support a wide range of use cases, from financial services to supply chain management, gaming, and beyond. By focusing on interoperability, scalability, and developer support, CORE aims to position itself as a leading platform in the evolving blockchain landscape.
Core (CORE) 24H Technicals
(Source: TradingView)
Core (CORE) Price Prediction 2024
Core (CORE) ranks 67th on CoinMarketCap in terms of its market capitalization. The overview of the CORE price prediction for 2024 is explained below with a daily time frame.
CORE/USDT Rounding Bottom Pattern (Source: TradingView)
In the above chart, Core (CORE) laid out a rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.
At the time of analysis, the price of Core (CORE) was recorded at $1.03. If the pattern trend continues, then the price of CORE might reach the resistance levels of $1.5683 and $2.6908. If the trend reverses, then the price of CORE may fall to the support of $0.8596.
Core (CORE) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Core (CORE) in 2024.
CORE/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Core (CORE) for 2024.
| Resistance Level 1 | $2.6379 |
| Resistance Level 2 | $6.9169 |
| Support Level 1 | $1.2106 |
| Support Level 2 | $0.4733 |
CORE Resistance & Support Levels
Core (CORE) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Core (CORE) are shown in the chart below.
CORE/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Core (CORE) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $1.4131Price = $1.4071 (50MA > Price) | Bearish/Downtrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 57.8161 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Core (CORE) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Core (CORE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
CORE/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Core (CORE).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 23.3194 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 41.44 <50 = Low >50 = High | Low volatility |
Comparison of CORE with BTC, ETH
Let us now compare the price movements of Core (CORE) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs CORE Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of CORE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of CORE also increases or decreases respectively.
Core (CORE) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Core (CORE) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| Core (CORE) Price Prediction 2025 | $10 | $0.4 |
| Core (CORE) Price Prediction 2026 | $15 | $0.35 |
| Core (CORE) Price Prediction 2027 | $20 | $0.3 |
| Core (CORE) Price Prediction 2028 | $25 | $0.25 |
| Core (CORE) Price Prediction 2029 | $30 | $0.2 |
| Core (CORE) Price Prediction 2030 | $35 | $0.15 |
Conclusion
If Core (CORE) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Core (CORE) price prediction for 2024 is $6.9169. Comparatively, if unfavorable sentiment is triggered, the bearish Core (CORE) price prediction for 2024 is $0.4733.
If the market momentum and investors’ sentiment positively elevate, then Core (CORE) might hit $10. Furthermore, with future upgrades and advancements in the CORE ecosystem, CORE might surpass its current all-time high (ATH) of $6.47 and mark its new ATH.
FAQ
1. What is Core (CORE)?
Core serves as Solana’s primary liquidity aggregator, facilitating seamless token trading and Core (CORE) is a decentralized blockchain platform designed to offer scalable and secure solutions for various applications.
2. Where can you buy Core (CORE)?
Traders can trade Core (CORE) in the following cryptocurrency exchanges such as MEXC Global, OKX, Gate.io, Bybit, Coinbase, Huobi (HTX), Bitget, LBank, and DigiFinex.
3. Will Core (CORE) record a new ATH soon?
With the ongoing developments and upgrades within the Core platform, Core (CORE) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Core (CORE)?
Core (CORE) hit its current all-time high (ATH) of $6.47 on Feb 08, 2023
5. What is the lowest price of Core (CORE)
According to CoinMarketCap, CORE hit its all-time low (ATL) of $0.3432 on Nov 03, 2023.
6. Will Core (CORE) hit $10?
If Core (CORE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.
7. What will be the Core (CORE) price by 2025?
Core (CORE) price might reach $15 by 2025.
8. What will be the Core (CORE) price by 2026?
Core (CORE) price might reach $20 by 2026.
9. What will be the Core (CORE) price by 2027?
Core (CORE) price might reach $25 by 2027.
10. What will be the Core (CORE) price by 2028?
Core (CORE) price might reach $30 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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