Token

Core

Bitcoin

Momentum

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-remains-steady-as-core-token-surges-to-new-heights/" data-wpel-link="internal">Bitcoin Remains Steady as CORE Token Surges to New Heights</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/beklenen-oldu-btc-yeniden-10-000-dolarin-uzerinde" data-wpel-link="internal">Bitcoin</a> (<a href="https://en.coin-turk.com/bitcoin-soars-as-etf-inflows-and-halving-event-stir-the-market/" data-wpel-link="internal">BTC</a>)</strong>, despite entering the halving month, continues to move slowly, reflecting the uncertain sentiment among analysts in the broader cryptocurrency market. For over a week, leading cryptocurrencies like <a href="https://en.coin-turk.com/understanding-the-impact-of-microstrategys-latest-bitcoin-purchase-on-market-movements/" data-wpel-link="internal">Bitcoin</a> and <a href="https://en.coin-turk.com/whales-accumulate-ethereum-as-investors-eye-potential-spot-etf-approval/" data-wpel-link="internal">Ethereum</a> have been moving within a narrow consolidation.</p> 
<h2 id="surge-in-momentum-for-core">Surge in Momentum for CORE</h2> 
<p style="text-align: justify">However, the <strong>CORE</strong> price is experiencing a high-momentum surge, recently reaching its 52-week high of $3.68, and gaining $36.3 within a day. Will this breakout lead to a more significant recovery? The Core token began a serious recovery process in the fourth week of March, with the price rebounding from a support level of $0.534. Within two weeks, the <strong>token</strong> saw an increase of 547%, trading around the $3.5 level.</p> 
<p style="text-align: justify">With a market value of $3.08 billion, the CORE price has entered the list of the top 50 cryptocurrencies. The recent surge in CORE price is largely attributed to Core DAO’s launch of coreBTC. This move securely ties <strong>Bitcoin</strong> to CORE, enriching the <strong><a href="https://coin-turk.com/defi-koprusu-bankacilik-devinden-onemli-kripto-para-adimi" data-wpel-link="internal">DeFi</a></strong> experience with Bitcoin’s security features. Additionally, coreBTC was designed with two primary goals in mind.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-336236 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/coe.png" alt="" width="1946" height="937"></p> 
<h2 id="price-prediction-for-core">Price Prediction for CORE</h2> 
<p style="text-align: justify">Furthermore, a higher time frame analysis shows that the <strong><a href="https://coin-turk.com/kripto-paralar-icin-gecen-calkantili-haftanin-detaylari-bu-haberde" data-wpel-link="internal">altcoin</a></strong> is developing a bullish reversal pattern known as a rounding bottom. This chart pattern could indicate that the token’s downtrend has matured and a potential uptrend is emerging. Moreover, today CORE broke through the $3.5 resistance with a high-volume candle, providing buyers with the next step to continue the rally.</p> 
<p style="text-align: justify">Experts believe that the post-breakout rally could extend the current recovery to $3.74 and then to $4.6. However, the likelihood of such a high-momentum rally continuing with less support from external news is lower. Therefore, newcomers might wait for a slight pullback to capture a better entry opportunity.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-remains-steady-as-core-token-surges-to-new-heights/" data-wpel-link="internal">Bitcoin Remains Steady as CORE Token Surges to New Heights</a></h5>

Bitcoin Remains Steady as CORE Token Surges to New Heights

Table of Contents

COINTURK NEWS

Другие статьи, опубликованные 2 апр. 2024 г.

Top Trending Meme Coins to Watch Out for in the Upcoming Weeks of April 2024

FixedFloat Digital Exchange Hit by Cyber Theft, Over $3M in Cryptocurrency Compromised

Next Crypto Sensation: Altcoin Poised for 100X Explosion

PropyKeys and Chainlink Automation Join Forces for Real Estate Tokenization

Digiverse Price Prediction: DIGI Dumps 8% As Investors Turn To This World-First AR/VR ICO That’s ...

Introducing Moonriver Coin: The Ethereum-Compatible Smart Contract Platform on Kusama

Join our free newsletter for daily crypto updates!