- Core (CORE) price prediction for 2024 is $1.1562 to $1.6669.
- Core (CORE) price might reach $5 soon.
- Core (CORE) price prediction for 2024 is $0.5398.
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 | $1.08 | 24 – Hour Price Change | 10.56% Up |
| 24 – Hour Trading Volume | $83,084,208 |
| Market Cap | $984,522,201 |
| Circulating Supply | 910,618,427 CORE | All – Time High | $6.47 (On Feb 08, 2023 ) |
| All – Time Low | $0.3432 (On Nov 03, 2023) |
(Source: CoinMarketCap)
What is Core (CORE)
| TICKER | CORE |
| BLOCKCHAIN | Core Chain |
| CATEGORY | Blockchain Infrastructure |
| LAUNCHED ON | January 14, 2023 |
| UTILITIES | Governance, Community Engagement, & Rewards. |
Core (CORE) is designed as an L1 blockchain that is compatible with the Ethereum Virtual Machine (EVM), allowing it to run Ethereum smart contracts and decentralized applications (dApps). The Core network operates on the “Satoshi Plus” consensus mechanism, which secures the network by combining delegated Bitcoin mining hash with delegated Proof-of-Stake (DPoS). Its native token, CORE, supports the protocol.
The developers aim to build an infrastructure that serves as the backbone of Web 3.0, introducing innovative solutions to tackle the blockchain trilemma.
The mainnet launched in January 2023, and the blockchain is governed by a decentralized autonomous organization (DAO), with the Core DAO overseeing the development of the Satoshi Plus ecosystem.
Core (CORE) 24H Technicals
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.
In the above chart, Core (CORE) laid out a Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is characteristic of a bearish market.
At the time of analysis, the price of Core (CORE) was recorded at $1.08. If the pattern trend continues, then the price of CORE might reach the resistance levels of $1.555 $1.6551, and $2.4420 If the trend reverses, then the price of CORE may fall to the support of $0.7730.
Core (CORE) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Core (CORE) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Core (CORE) for 2024.
| Resistance Level 1 | $1.1562 |
| Resistance Level 2 | $1.6669 |
| Support Level 1 | $0.7783 |
| Support Level 2 | $0.5398 |
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.
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 = $0.9956 Price = $1.0975 (50MA < Price) | Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 62.5797 <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).
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 | 20.2473 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 46.71 <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).
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 $5?
If Core (CORE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.
7. What will be the Core (CORE) price by 2025?
Core (CORE) price might reach $10 by 2025.
8. What will be the Core (CORE) price by 2026?
Core (CORE) price might reach $15 by 2026.
9. What will be the Core (CORE) price by 2027?
Core (CORE) price might reach $20 by 2027.
10. What will be the Core (CORE) price by 2028?
Core (CORE) price might reach $25 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.
Source: https://thenewscrypto.com/core-price-prediction/