Selloff and volatility surge: Can Core avoid deeper losses?

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Core slides 16.22% to $0.0199 today

Highlights

CORE/USD remains under sustained selling pressure, firmly trading below key short- and long-term moving averages.
Momentum and sentiment indicators are bearish overall, though some oscillators show conflicting signals amid heightened volatility.
Price is expected to trade between $0.0182 and $0.0216 over the next 2–3 days, with high risk of further downside.

Sellers retain control as mixed technical signals and resistance converge

On the hourly chart, CORE is trading below the MA-20 and MA-50, while the daily timeframe shows it remains under the MA-200. The Ichimoku Kijun sits at $0.0204, now acting as immediate resistance. Momentum readings paint a mixed technical picture: both MACD and ADX display ongoing bearish sentiment, while RSI is at 32.5 and CCI also signals a sell. Interestingly, Stoch RSI is overbought, introducing a divergence with other oscillators, and Bull/Bear Power indicates sellers retain dominance in intraday trading. The Awesome Oscillator is neutral, offering no active support for either trend direction. Today, the price fell to $0.0199, marking a session gap of $0.0038 from the prior close and reflecting heightened volatility.

Downside risk elevated as volatility persists and support is tested

Over the next 2 days, CORE is likely to fluctuate within the $0.0182 to $0.0216 band, with typical volatility centered around current levels. The probability of a further decline is high, suggesting that downward momentum could persist unless strong buying emerges. In the baseline scenario, the price holds within a sideways pattern; a move above $0.0204 would open potential for further gains, while a drop below $0.0182 would confirm an acceleration in seller-driven momentum.

Anton Kharitonov, expert at Traders Union, sees CORE locked in a clearly bearish environment. Momentum and trend indicators both point to sustained selling interest, with buyers showing no real strength. He believes sideways to lower price action is likely until $0.0204 is taken out convincingly. "With CORE trading well below key averages and no technical support in sight, I remain defensive as long as $0.0182 holds — upside looks weak for now."

Earlier, analysts noted that Core was firmly entrenched in a bearish structure, with persistent selling pressure dominating market action. The latest technical developments, including a divergent Stoch RSI and persistent intraday seller strength, suggest that traders should closely monitor for a breakout above $0.0204 or a decisive break below $0.0182 as signals for the next directional move.

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.