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Core price prediction: 2024, 2025, 2030

CORE Price Prediction: Key Highlights

1. Primary support and resistance levels

  • The lowest price for CORE is expected to be $0.70 on the daily chart.
  • On the positive side, 1,63 € was the highest resistance.

2. Market sentiment

  • In August 2024, CORE will fight with Undervaluation under a bearish stronghold.

3. Predictive forecasts

  • Our AI/ML prediction algorithms predict an average value of CORE to $20 by 2027 and 1,600 US dollars until 2033.

Get a comprehensive understanding of CORE through a detailed daily technical analysis followed by forecast tables for the coming days of the month, the coming months and the year derived from our AI/ML based predictive models:

CORE technical analysis: New lows devalue the asset

The core The 2024 price prediction offers an outlook on the asset's potential based on its past performance in the shorter time frame (STF) and an understanding of the peripheral market factors that can influence the cryptocurrency's growth.

The analysis phase began with the CORE test of the peak resistance at 1,63 € during the analyzed time frame. After the rejection at this level, the asset retreated to $1.27. Repeated attempts, 1,40 € At the end of June, the share price stalled under selling pressure, which Downward trend.

Over and beyond bearish Turning over $1.27 CORE reached its lowest chart support of $0.85 in early July. This low floor proved to be an attractive entry point for buyers who undervalued Condition.

After a short fight, the following recovery enabled the recovery of the token 1.11 USD In the middle of the month. In addition, the increased buying pressure led to the 1,40 €This base paved the way for a retest of the highest resistance at the end of July.

A similar pattern of struggle was observed at this level, resulting in a repeat of the past outcome. This downward move brought CORE back to the lowest support in early August and made it oversold again.

At the end of the analysis, the token was 0,90 €. The current support is crucial for CORE's outlook. If the selling pressure is not contained, a further downturn is likely. This could $0.77 as the next downside target. In addition, CORE could fall to $0.70 in a rather bearish Scenario.

However, if the current state can attract the bulls again, the asset may recover and revisit previous highs. 1,40 € Resistance would be crucial for a market turnaround bullishSustained buying pressure above this level could allow the rally to extend to the highest resistance, increasing CORE’s chance of reaching 2,00 € this year.

When analyzing the long-term forecasts, our predictive models predict robust growth for the token. By 2027, the average value of the altcoin is expected to $20. In addition, CORE could rise even higher and reach a four-digit valuation, on average 1,600 US dollars until 2033.

CORE Roadmap 2024: Key indicators to monitor and act on

  • The Relative Strength Index (RSI) remained mostly below the 50 LineHis fall into the oversold This triggered a recovery in early July. The indicator then exceeded the 50 mark in mid-July, but fell again later in the month.
  • As the analysis showed, it fell under 30 to register at 28.00This underlined a strong bearish Trend.
  • The 50 (blue) and 100 days (Yellow) Exponential moving averages (EMAs) mainly acted as resistance levels. The Death Cross At the beginning of July, a bullish Turning the EMA entered the support phase in mid and late July. However, the lack of sustainability underlined the broader Downward trend.
  • The Trading volume remained relatively low throughout the period. During intermediate price increases, the price increased briefly. In addition, volume spikes were observed that coincided with the price drop to the lowest analyzed support, indicating a buyer's entry.