CORE Faces Potential Downtrend Below $0.47 Resistance Amid Weak Demand in Nigerian Crypto Market

Key Points

1. CORE's price dropped 3% to $0.46 with a 5% decline in volume, indicating weakening demand below the $0.47 resistance level.

2. MAGIC surged 26% to $0.18, supported by a positive Balance of Power (0.34), signaling strong buying pressure and bullish momentum.

3. DOGE fell 5% to $0.19, with its RSI at 41.10, reflecting declining investor interest and potential further downside.

4. CORE's resistance at $0.47 and reduced market participation suggest investor caution, while MAGIC's rally may continue toward $0.21 if momentum holds.

5. DOGE could drop below $0.17 if selling persists, but a rebound in bullish sentiment might push it back toward $0.23.