The current price of CORE against USD is approximately $0.45–0.46, which is about ¥3.20–¥3.30 in Chinese yuan. The 24-hour drop is about −2%, but there is frequent volatility in the short term.
24 hours: down about 2%.
7 days: showing an upward trend, increasing by about 9-10%.
1 year: Overall trend is weak, with a decline of about -45% to -50%.
Short-term rebound but long-term weakness, the market may be in an adjustment phase.
Recently, the amount of CORE locked and staked has increased, indicating an influx of funds for long-term support. The overall sentiment in the crypto market is still affected by Bitcoin and macroeconomic factors, making it prone to significant fluctuations in the short term.
Support level: around $0.45.
Resistance level: $0.48–$0.50 range.
If it can break through the resistance, a short-term rebound is expected; if it falls below the support, it may test the $0.40 range.
Optimistic scenario: Breakthrough $0.50, RMB price breaks through ¥3.50.
Neutral scenario: Maintain oscillation in the range of $0.42–$0.50.
Pessimistic scenario: Break below support, testing the $0.30–0.40 range.
Control your position and do not invest too much at once.
Pay attention to project announcements and ecological progress;
Set take profit and stop loss points;
Avoid emotional operations and maintain rationality.
The current price of CORE is around $0.45–0.46, approximately ¥3.20–¥3.30. It is fluctuating in the short term, but the weekly trend is relatively strong. Investors should pay attention to the macro market and project developments and enter the market cautiously.
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