The Coreum price is volatile with major ups and downs in the short term. The price is moving in a multimonth range value and exhibits a sideways trend outlook. At the time of writing, the COREUM crypto was trading close to $0.155 recording a positive intraday development of nearly 1.43%.
The daily chart witnesses a tug of war between the bulls and bears with none dominating at the moment. The bulls are attempting for a breakout while the bears are busy defending the higher levels.
Talking precisely about the levels, on the higher side the $0.177 level has been a major hurdle for the bulls to surpass. While, on the flip side, the $0.138 level has turned out as a strong support and has been preventing the price from falling further in the last couple of months.
Now, until the Coreum price is maintained in between these boundaries it may tend to maintain a sideways outlook. The breakout or breakdown on either side may decide a clear trend in the Coreum cryptocurrency and the price may resume its way in that particular side.
The daily chart witnesses a tug of war between the bulls and bears with none dominating at the moment. The bulls are attempting for a breakout while the bears are busy defending the higher levels.
Talking precisely about the levels, on the higher side the $0.177 level has been a major hurdle for the bulls to surpass. While, on the flip side, the $0.138 level has turned out as a strong support and has been preventing the price from falling further in the last couple of months.
Now, until the Coreum price is maintained in between these boundaries it may tend to maintain a sideways outlook. The breakout or breakdown on either side may decide a clear trend in the Coreum cryptocurrency and the price may resume its way in that particular side.