Core price prediction: More downside ahead? CORE drops 8.33% below key support

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Core slides 8.33% to $0.11 today

Highlights

CORE/USD trades at $0.11, down 8.33% today, well below its MA-20 ($0.1287), MA-50 ($0.1443), and MA-200 ($0.3651), reinforcing a sustained bearish outlook.
Momentum indicators including MACD, ADX, and Awesome Oscillator signal ongoing sell pressure, with RSI at 42.90 and no strong short-term support visible.
Projected range for the next five trading days is $0.10–$0.13, with less than 20% probability of price appreciation and higher likelihood of further declines if $0.10 breaks.

Bearish signals persist as oscillators and resistance cap rebound risk

Momentum signals remain bearish, with the MACD and ADX both forecasting a sell and confirming a persistently weak trend. RSI sits at 42.90, suggesting neither oversold nor overbought conditions, while Stochastic RSI and CCI indicate light oversold signals hinting at limited rebound potential. The nearest dynamic resistance is the Ichimoku Kijun level at $0.1375, while no immediate support is identified from moving averages or Ichimoku lines. BBP reads slightly negative, confirming sellers continue to dominate intraday momentum, and the Awesome Oscillator reinforces the prevailing downtrend with a clear sell signal.

Downside bias as unified sell signals limit upside scenarios

Over the next five trading days, Core is expected to trade within a typical volatility band between $0.10 and $0.13. The probability of a price increase remains very low (less than 20%), as unified weekly sell signals from RSI, ADX, MACD, and MA-50 suggest further downside is more likely. In the baseline scenario, price action may remain constrained within this sideways corridor, while a bearish move below $0.10 would signal resumption of the downtrend. A bullish scenario is unlikely, but a confirmed break above $0.1375 resistance could open up limited upside toward $0.13 and slightly above.

Anton Kharitonov, expert at Traders Union, sees persistent technical weakness in Core given its position below all major moving averages and unified sell signals from key indicators. The analyst believes bearish momentum will likely keep price contained within $0.10 to $0.13, with limited potential for a sustained rebound. He remains cautious, highlighting the lack of immediate support and dominance of sellers. "Core remains under heavy pressure — I see no reason to consider upside until a clear break above $0.1375."

Last time, analysts noted that Core (CORE) remains under downside pressure, with the price still trading below all major moving averages and technical indicators such as MACD, ADX, RSI, and CCI pointing to continued bearish momentum despite a brief intraday rebound. Immediate resistance is seen near $0.1315 with support at $0.11, suggesting a prevailing sideways bias unless a breakout occurs.

Source of Data: CORE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.