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CORE Surges 33% in 11 Hours, But Traders Should Beware of…
The cryptocurrency market has witnessed a dramatic surge in the price of Core (CORE), which rallied by 33% in just 11 hours from the low on March 29th at $0.39 to $0.52 on March 30th. This sudden upswing has brought many speculative traders into the CORE markets, with Open Interest behind the token rising 116% in the past 24 hours according to Coinalyze.
Despite this impressive rally, however, traders should be cautious and not get caught up in the FOMO (Fear of Missing Out). The higher timeframe charts continue to show a bearish trend.
Source: https://ambcrypto.com/core-surges-33-in-11-hours-but-traders-should-beware-of
