Coinbase adds Core (CORECHAIN) to its listing roadmap, boosting its price by 33% and enhancing its digital asset offerings.
CORE has established a notable support zone at $1.5, reinforced by the 100-day moving average.
On the 4-hour chart, the price broke through long-term resistances at $1.87 and $1.94, creating a fresh support zone below.
Corechain (CORE) is currently trading at $2.0, with the price surpassing all moving averages, indicating a trend likely to maintain above SMA50, providing robust support.
According to Coingabbar's analysis, If the bulls maintain above $2.00, the price could reach $2.90. Breaking beyond that could propel it to a new high near $5.00.
If the bulls can't maintain the $2.000 price, a pullback toward $1.5000 is anticipated.
KEY LEVELS :
RESISTANCE LEVEL : $2.9000-$3.8000
SUPPORT LEVEL : $1.7500-$1.1500
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
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