Breaking: $CORE Spike 19% Amidst Breaking From A Falling Wedge The price of Satoshi Core ( MIL:CORE ) broke our of a falling wedge delivering 19% in gains today.
The asset has since being in a falling wedge pattern ever since it surge to $2 in late November, 2024. This price correction led to about 84% loss in market value. However, recent price action posits that MIL:CORE is gearing up for a breakout with about 200% gain in sight.
With increasing momentum as hinted by the RSI at 69, MIL:CORE could be on the cusp of a breakout. Similarly, data from Defilama shows a growing ecosystem in the CORE blockchain, with about $549.72 Million locked in Total value lock (TVL) in DeFi.
What Is Core (CORE)?
Core (CORE) is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
Core Price Live Data
The Core price today is $0.598662 USD with a 24-hour trading volume of $58,909,857 USD. Core is up 19.65% in the last 24 hours. The current CoinMarketCap ranking is #88, with a market cap of $598,189,722 USD. It has a circulating supply of 999,210,618 CORE coins and a max. supply of 2,100,000,000 CORE coins.
Satoshicore
Core Surge 12% Today Amidst Breaking Out From Falling WedgeThe Price of Satoshi Core ( MIL:CORE ) a L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), saw a 12% uptick today after it broke out of a falling wedge pattern, eyeing a 50% surge amidst broader crypto momentum.
Satoshi core ( MIL:CORE ) since listing has been thriving lately and manage to withstand the sellers even after mainnet airdrop tokens were distributed. Core blochain has been thriving lately that it keeps striving to solve the blockchain trilemma in the crypto world.
Further accrediting to MIL:CORE 's authenticity, data from DeFilama shows about $545.2 Million has been locked in Total Value Lock (TVL) in the CORE ecosystem. This fundamental shows a growing interest and trust in the CORE ecosystem.
Technical Outlook
As of the time of writing, MIL:CORE is up 3% consolidating after the brief 12% sojourn. The 4-hour price chart shows a tendency for MIL:CORE to pull a 50% stunt in the short term as the market stabilizes. The RSI at 67 further hints at a trend continuation pattern as traders are looking for a clear-cut entry on the MIL:CORE chart.
What Is Core (CORE)?
Core (CORE) is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
Just In: $CORE Surges 15% Becoming The Top Performing AltcoinAlbeit the bloodbath besieging the crypto market, one asset stood tall defying market odds surging 15% today with about 86.58% increase in 24 hours volume. "CORE" or Satoshi Core is a L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps).
With increased volatility today, MIL:CORE stood different surging 15%. The asset still has room for a continuation trend as hinted by the RSI at 59.
In the case of cool-off, the 38.2% Fibonacci retracement level is a suitable point for consolidation further selling pressure could push it lower to the 1-month low axis. Similarly, should MIL:CORE break above the 1-month high pivot, the $1 resistant will be feasible, therefore, attainable.
Core Price Live Data
The live Core price today is $0.476759 USD with a 24-hour trading volume of $71,813,902 USD. Core is up 13.98% in the last 24 hours, with a live market cap of $476,107,555 USD. It has a circulating supply of 998,633,921 CORE coins and a max. supply of 2,100,000,000 CORE coins.