Woo Network Price Outlook
Woo Network is a fast-growing blockchain platform that offers a quality trading platform. The network is known for its fast execution and significantly lower fees than other popular platforms. It offers hundreds of pairs to trade and deep liquidity.
The Woo Network price has crawled back after its sharp decline during the weekend. WOO is trading at 0.66 USDT, which is about 35% above the lowest level on Saturday. It has a market capitalization of over $571 million, making it the 114th biggest cryptocurrency in the world.
The 4-hour chart shows that the WOO price has been in a bearish trend in the past few months. The coin is trading at 0.66 USDT, which is about 31% above the lowest level during the weekend. It has moved slightly above the key resistance at 0.5985 USDT, which is the lowest level since December 21.
The coin has moved slightly below the 25-day and 50-day moving averages. Its Relative Strength Index (RSI) has moved higher. Therefore, there is a likelihood that the WOO Network price will keep rising as bulls target the next key resistance to watch will be at 0.7400 USDT. on the flip side, a move below the support at 0.5200 will invalidate this view.
The Woo Network price has crawled back after its sharp decline during the weekend. WOO is trading at 0.66 USDT, which is about 35% above the lowest level on Saturday. It has a market capitalization of over $571 million, making it the 114th biggest cryptocurrency in the world.
The 4-hour chart shows that the WOO price has been in a bearish trend in the past few months. The coin is trading at 0.66 USDT, which is about 31% above the lowest level during the weekend. It has moved slightly above the key resistance at 0.5985 USDT, which is the lowest level since December 21.
The coin has moved slightly below the 25-day and 50-day moving averages. Its Relative Strength Index (RSI) has moved higher. Therefore, there is a likelihood that the WOO Network price will keep rising as bulls target the next key resistance to watch will be at 0.7400 USDT. on the flip side, a move below the support at 0.5200 will invalidate this view.
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