Core (CORE) is trading at $0.0207, down 7.47% for the day. The asset remains below its key moving averages, reflecting ongoing downside pressure.
0.0205
0.0229
Highlights
- CORE/USD trades below key moving averages, confirming sustained bearish pressure across short, medium and long timeframes.
- Momentum indicators support a bearish but not oversold stance, with daily price down 7.47 percent and high intraday volatility.
- Price is expected to remain in a $0.0197 to $0.0217 corridor over the next 2 to 3 days, with a 67 percent probability of further downside.
Bearish momentum prevails as indicators point to weak trend
CORE is trading below the MA-20 ($0.0209), MA-50 ($0.0208), and MA-200 ($0.0442), with prices not crossing any major moving averages. The Ichimoku Kijun at $0.0214 serves as the nearest resistance. Momentum readings are predominantly negative: the MACD is on Sell, Stoch RSI is signaling Sell, and RSI sits at 46.02. The ADX and CCI both read Neutral, as does the Awesome Oscillator, highlighting weak trend strength. Notably, Bull/Bear Power shows some intraday buyer support, but this does not offset the overall softness.
Sideways action expected as downside risk outweighs recovery odds
Over the next 2 to 3 trading days, CORE is likely to fluctuate within the $0.0197 to $0.0217 range, reflecting typical volatility at current levels. The probability of an upward move is 33%, while downside risk is higher at 67%, with the baseline scenario favoring continued sideways trading. A break above $0.0214 would open the door to short-term recovery, while a decline below $0.0197 could accelerate losses.
Earlier, analysts noted that Core was experiencing persistent bearish pressure despite intermittent buying momentum. The current analysis confirms this ongoing downside bias, with traders advised to watch the $0.0197 and $0.0214 levels as critical markers for short-term direction.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
