Core (CORE) Price Prediction 2024-2030: Will CORE Price Hit $10 Soon?

• Although the token might face some downside, CORE could end 2024 at $5.85.
• CORE’s price might hit $8.75 in 2025 and $12.89 in 2028.
• The long-term prediction for CORE could be $15 by the year 2030.

A  lot of new projects have sprung up in the last two years. While some have not been able to stay relevant, others have stuck themselves in the faces of traders. One of those who have held solid ground is Core, a project that utilizes both the Bitcoin (BTC) and Ethereum (ETH) consensus networks.

Here, Coin Edtion dives deep into the use cases of the Core. We will also talk about the potential of its native token and price prediction from 2024 to 2030. Read on.

Core (CORE) Real Time Market Status

What is Core?

Core is an Ethereum-compatible layer-1 blockchain. By its compatibility, we mean that it can run Ethereum smart contracts and help in deploying decentralized applications.

But there is something different about Core that makes it unique. Most times, projects integrated with the Ethereum Virtual Machine work on the Proof-of-Stake (PoS) consensus. However, this project combines Bitcoin’s Proof-of-Work (PoW) and the PoS to secure its network.

Hence, this is termed the “Satoshi Plus” consensus mechanism. CORE is the native token of the protocol, and is used in governance, processing transaction fees, and enabling development on the ecosystem.

Unlike many other projects, Core does not have one or two founders. Instead, it is governed by a Decentralized Autonomous Organization (DAO), who contribute globally to the Web 3.0 project.

CORE Current Market Status

CORE defied the broader market correction as its price jumped by 57.55% in the last 24 hours.  At press time, CORE’s price was $2.30. The increase in the price also helped the token rise into the top 50 cryptocurrencies with a market cap of $2.05 billion.

Not only did Core’s price and market cap increase, so did its trading volume. As of this writing, CORE’s 24-hour trading volume was $699.74 million. This represented an amazing 329% increase within the last day.

CORE’s maximum and total supply is 2.10 billion tokens. While all of these tokens have not been released, about 880 million were in circulation. CORE can be bought on OKX, MEXC, Gate.io, Bybit, and many other exchanges.

Core (CORE) Price Analysis

Now that you know a bit about the Core project, it is time to analyze the price. In this segment, you will learn about the short-term prediction of CORE. Furthermore, indicators would show how high or low the price can go in 2024. In addition, the price predictions from 2025 to 2030 will also be revealed.

Core (CORE) Price Analysis – Bollinger Bands

According to the 4-hour CORE/USD chart, the Bollinger Bands (BB) indicated extreme volatility around the token. With this condition, CORE might experience significant price fluctuations.

However, the BB  also showed that the token was overbought as the upper band hit CORE at $2.59. A condition might like mean that the price might retrace significantly. In a highly bearish case, CORE’s price could decline to $1.49. But if buying pressure improves, it could hit $2.68.

Core (CORE) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) on the 4-hour chart, showed that CORE had initially hit an overbought point. This signal reinforced the indications shown by the Bollinger Bands.

Furthermore, the RSI showed that bulls were no longer in control of the price action. Hence, CORE could face intense selling pressure that might continue to drive the price down.

Core (CORE) Price Analysis – Moving Average Convergence Divergence

Despite the bearish signals shown by the RSI and BB, the MACD revealed that the token might rebound. At press time, the MACD was 0.11. This positive reading suggested increasing upward momentum but that has not been validated yet.

To validate this thesis, buyers must neutralize the rising power of sellers which was indicated by the trend of the 12 EMA (blue) and 26 EMA (orange). Should the shorter EMA outpace the longer one, the bullish thesis could be invalidated.

Core (CORE) Price Prediction 2024

In 2024, CORE’s price might rise far better than its recent price action. This assertion was supported by the Supertrend. At press time, the Supertrend showed a buy signal at $1.76, indicating that those who accumulate at this price might get good again.

Apart from the Supertrend, the Awesome Oscillator (AO) also showed increasing upward momentum for the token. If this remains the same going forward, the price of CORE might hit $5.85 in 2024.

Core (CORE) Price Prediction – Resistance and Support Levels

From the 4-hour chart, CORE held strong support at $1.30. Bulls defended this support at some point in March, and another in April. With the position, it is unlikely for the token to fall below the price in the long run.

However, there was resistance at $2.08 and another at $2.73. Currently, the $2.73 was the overhead one and could hinder CORE from hitting $3 in the short term. 

Core (CORE) Price Prediction 2025

In 2025, the potential price performance of BTC and ETH could impact CORE’s price since it employs the mechanism of both projects. Many predictions expect the top two cryptocurrencies to hit high figures by that time. Hence CORE might also follow, and its price could be $8.75.

Core (CORE) Price Prediction 2026

In 2026, CORE’s price might not be as bullish as it is predicted to be in 2025. This is because market participants might take a lot of profits. As such, the price prediction could be $6.30.

Core (CORE) Price Prediction 2027

By 2027, the Core community is expected to hit tens of millions. If this is the case, the price of the token might go higher as demand could be tremendous. Therefore, CORE might hit $10 in 2027.

Core (CORE) Price Prediction 2028

The price of CORE might continue to increase in 2028 as the broader market is projected to experience a surge in price. Therefore, Coin Edition places the price prediction at $12.89.

Core (CORE) Price Prediction 2029

In 2029, CORE might face a series of downturns which might send the value back to a single-digit value. Thus, the price prediction could be $9 by December 2029.

Core (CORE) Price Prediction 2030

CORE’s price is expected to recover in 2030. While this might take some months, the token’s value might end the year with a solid bullish momentum at $15.

Core (CORE) Price Prediction 2040

The price prediction for CORE in 2040 could be close to $25. At a minimum level, the value of the token might be less than $14. On average, it could be higher than $18.

Core (CORE) Price Prediction 2050

CORE’s price prediction for 2050 could be impressive. Depending on the sentiment in the market, CORE is not expected to undergo an intense correction. Hence, its price could be $37 in 2050.

Conclusion

Core’s fundamentals make it a project that holds so much promise in the long term. Despite the potential displayed, it might not be wise to go all in on the token without doing proper research. As such, it is important to watch out for the key developments happening with the CORE token and its protocol before deciding to buy or not.

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