CORE's price has fallen to $0.4389, continuing its decline from approximately $1.00 amid ongoing bearish market sentiment. The cryptocurrency has been trading within a falling wedge pattern for several months, with strong support observed around the $0.40 level. Despite minor bullish signals from the MACD, momentum indicators like the RSI remain weak, staying below 40.
CORE's market capitalization has decreased from $500 million to under $430 million, reflecting sustained outflows. The 9-day EMA at $0.4525 indicates short-term selling pressure, while the 50-day SMA at $0.5131 suggests a downward medium-term trend. Trading volume remains low, with occasional spikes failing to significantly impact the price.
CORE Price Drops Below $0.44 Amid Persistent Bearish Sentiment
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