Core Price: Is a New All-Time High Above $5 on the Horizon?

Published:May 25, 2024 Updated: April 20, 2025
Author: Lokesh Gupta
Core Price: Is a New All-Time High Above $5 on the Horizon?

CORE trades above 50-Day EMA on the daily chart

  • Coinbase adds Core (CORECHAIN) to its listing roadmap, boosting its price by 33% and enhancing its digital asset offerings.

  • CORE has established a notable support zone at $1.5, reinforced by the 100-day moving average.

  • On the 4-hour chart, the price broke through long-term resistances at $1.87 and $1.94, creating a fresh support zone below.

  • Corechain (CORE) is currently trading at $2.0, with the price surpassing all moving averages, indicating a trend likely to maintain above SMA50, providing robust support.

  • According to Coingabbar analysis, If the bulls maintain above $2.00, the price could reach $2.90. Breaking beyond that could propel it to a new high near $5.00.

  • If the bulls can't maintain the $2.000 price, a pullback toward $1.5000 is anticipated.

KEY LEVELS :

RESISTANCE LEVEL : $2.9000-$3.8000

SUPPORT LEVEL : $1.7500-$1.1500

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Also read: Pepe Price Prediction: Is $1 the Next Stop for Pepe Journey?
Lokesh Gupta
Author: Lokesh Gupta

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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