Core Price Prediction: 2024, 2025, 2030

CORE price prediction: Key highlights

1. Primary support and resistance levels

• The lowest support for CORE was identified at $0.58 on the daily chart.
• On the upside, $4.3 can likely prove to be the highest possible resistance.

2. Market sentiment

• In April 2024, the overall market sentiment is seen to be slightly bullish.

3. Predictive forecasts

• Looking ahead, our AI/ML predictive models have forecasted the average value of CORE to climb to $90.11 by 2028 and $1601.31 by 2033.

Gain expert insights on CORE through a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

CORE technical analysis: Can the token reclaim its ATH post-consolidation?

The Core price prediction for 2024 is primarily drawn from observing the token's performance during a critical period from March to April 2024. 

The period of analysis for CORE began with the token trading slightly above the $0.58 level. Early March witnessed the emergence of a bearish trend, which intensified over the weeks, ultimately pushing CORE below its initial support level to dip below $0.58 by the second half of the month. 

However, the market's mood shifted dramatically towards the end of March. A robust bullish rally was initiated, driving CORE's price sharply upwards. This rally saw CORE overcoming major resistance levels at $1.36 and at $2.10.

As the calendar turned to April, CORE's ascent continued, reaching its peak for the period at a significant resistance level of $3.77. Yet, this high was short-lived, as a reversal in market dynamics led to a swift downturn. CORE's value decreased, falling below the $2.70 mark and stabilizing briefly at this new lower level. 

Mid-April saw CORE experiencing another dip, with its price descending further to hover just above the $1.36 mark. Despite this setback, the latter half of April brought about a mild resurgence, pushing CORE's value back up to $2.76. This recovery highlighted the token's volatility and the highly speculative nature of its market.

By the end of April, CORE entered a phase of consolidation, oscillating between $2.10 and $2.76. This period was marked by a balancing act between buyers and sellers trying to decide the token’s future trajectory. At the time of writing, CORE was trading at $2.32. 

CORE’s performance over the past month has undoubtedly been impressive. The token witnessed a whopping 208% price appreciation over the past month alone, according to CoinMarketCap. Furthermore, CORE’s trading volume has also gone up by 3.80% over the past 24 hours.

Several factors contributed to this notable uptick. Recently, the Core Venture Network (CVN) disclosed a $15 million investment in regional ecosystem funds dedicated to initiatives within Africa, Latin America, and Southeast Asia. 

Furthermore, Core Chain developers have come up with coreBTC, a wrapped Bitcoin asset that seamlessly integrates BTC with the decentralized finance (DeFi) ecosystem, to revolutionize Bitcoin’s utility within the DeFi space.

If the bullish trend continues, the token may soon overcome the current high resistance. This development can put $4.3 as the next target for the bulls. Overcoming this resistance can pave the way for reclaiming the all-time high (ATH) at $6.47 within the upcoming months.

It's also important to consider the possibility of a further downturn, given the asset is still in the consolidation phase. A break below the current support at $2.10 could lead to a fall back to $1.36 within the next few weeks. Moreover, if the bearish scenario persists with stronger momentum, CORE can likely tumble back to the lowest support at $0.58 in the upcoming months.

Analyzing the long-term predictions, our predictive models project robust growth for the token. By 2028, the altcoin’s average value is estimated to be at $90.11. Additionally, newer developments can increase the token’s utility and attract investors in the future. As a result, CORE may surge even higher to claim $1601.31 by 2033.

CORE's 2024 roadmap: Key indicators to watch and trade

• The trading volume was subdued for most of the period, suggesting a lack of strong investor interest and minimal price movements. However, alongside the price rally, it saw a noticeable increase. 
• At press time, the trading volume waned. Yet, it did not fall to its previous lows.
• The Chaikin Money Flow (CMF) indicator pointed to strong buying pressure by consistently staying above the zero line throughout the period. 
• As April commenced, the CMF plunged from its highest point and continued on a downward trajectory, standing at 0.08 at the time of writing. This indicates that there was an inflow of money into the token.
• The analysis began with the Relative Strength Index (RSI) plummeting until it fell below the neutral line in mid-March. Following this, it reversed and continued on an uptrend. 
• By April, the RSI touched its highest value at 96.61. After this, it continued to dip again and stood at 53.33 at press time. This indicated that a slight buying pressure was still persistent within the market.