Core (CORE) Price Surges 19% as Buyers Push Toward Key Breakout
- Core price analysis indicates that the Core price is trading in extreme bullish momentum.
- The Core price surged 19% in the last trading session, heading toward the 200-day EMA level.
Core (CORE)price analysis is highly bullish for April and symbolises that Core might break above the 200-day EMA level in the upcoming days. Its price has surged more than 27% over the last week and 46% over the last month, suggesting bullishness.
The Core price is on the verge of massive breakout. Buyers succeeded in taking control over the price. If price breaks the $0.7545 level then it might trigger a bullish rally towards the $1 mark.
Furthermore, the buying volume also increased, indicating buyer interest in Core cryptocurrency, and some big players might be entering. According to CMC data, the Core price is trading at $0.6819 with an intraday surge of 18%. In the last 24 hours, the trading volume increased by 108%, and the volume to market cap stands at 6.31%.
Will Core Price Break Above The 200-day EMA Level?
The 50-day and 200-day EMAs are sloping upward, indicating a positive sign. Meanwhile, on the 4-hour timeframe price is already trading above the 50-day and 200-day EMAs and heading in the upper direction by making a higher high structure.
The current Relative Strength Index value reached 76.63, which indicates deep overbought conditions. This rally demonstrates robust strength, yet a brief period of price consolidation might emerge because traders are taking profits from their positions.
The MACD indicator remains positive while it moves toward a higher direction. The strong bullish indicator signals rising upward momentum that could lead to additional price gains when buying pressure maintains its current level. Moreover, Core price analysis stays bullish for April and suggests Core may experience a bullish rally in the upcoming days.
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Core (CORE) Price Surges 19% as Buyers Push Toward Key Breakout
- Core price analysis indicates that the Core price is trading in extreme bullish momentum.
- The Core price surged 19% in the last trading session, heading toward the 200-day EMA level.
Core (CORE)price analysis is highly bullish for April and symbolises that Core might break above the 200-day EMA level in the upcoming days. Its price has surged more than 27% over the last week and 46% over the last month, suggesting bullishness.
The Core price is on the verge of massive breakout. Buyers succeeded in taking control over the price. If price breaks the $0.7545 level then it might trigger a bullish rally towards the $1 mark.
Furthermore, the buying volume also increased, indicating buyer interest in Core cryptocurrency, and some big players might be entering. According to CMC data, the Core price is trading at $0.6819 with an intraday surge of 18%. In the last 24 hours, the trading volume increased by 108%, and the volume to market cap stands at 6.31%.
Will Core Price Break Above The 200-day EMA Level?
The 50-day and 200-day EMAs are sloping upward, indicating a positive sign. Meanwhile, on the 4-hour timeframe price is already trading above the 50-day and 200-day EMAs and heading in the upper direction by making a higher high structure.
The current Relative Strength Index value reached 76.63, which indicates deep overbought conditions. This rally demonstrates robust strength, yet a brief period of price consolidation might emerge because traders are taking profits from their positions.
The MACD indicator remains positive while it moves toward a higher direction. The strong bullish indicator signals rising upward momentum that could lead to additional price gains when buying pressure maintains its current level. Moreover, Core price analysis stays bullish for April and suggests Core may experience a bullish rally in the upcoming days.
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