CORE Technical Analysis in 12-Hour Timeframe.

27 Jul

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

CCORE has shown a decent rebound of 93%, forming a support trendline, and it is currently holding another support at $1.269.

If CCORE rebounds from the CMP and breaks above the resistance trendline, then the primary support at $1.269 will be strong, and we will see a bullish rally, possibly a 30x gain in the altseason.

However, a breakdown will cause some trouble with the price, dropping it to the support trendline (a decent opportunity to fill CCORE in your altcoin bag).

Key levels:

- Primary Support/Entry 1: $1.269.
- Lower Support/Entry 2: $0.9636.
- Resistance: $1.515.
- Long-term Target: $4.37 (30x).
- Invalidation Point: A close below the support trendline.

DYOR, NFA.

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