Skip to main content

Will Woo Network hit $ 2 in January?

 


A newly listed coin, Woo Network, has received a lot of discussion from some of the most haunted cryptocurrency traders and sites on Twitter, but does it live up to the hype?

WOO Network is a deep liquidity network connecting traders, exchanges, institutions and DeFi platforms with democratized access to world class liquidity and trade execution at lower or zero cost. WOO Token is used in the network's CeFi and DeFi products for staking and fee discounts. With a market cap of just $ 500,000, Woo has plenty of room for growth.

After Woo hit an all-time high in November, Woo corrected significantly by over 60% to form a symmetrical triangle that it could soon break out of and hit a new all-time high. However, since Woo has a low market cap, investors need to be careful as it can be very volatile and large movements can occur. Therefore, investors must adhere to stop-loss regulations in order not to get caught up in a huge sell-off. Woo's business model has great potential as Wootrade earns from the big market makers and uses this income to stimulate other flow providers (exchanges and traders) to direct orders there.

Investors expect Woo to hit $ 2 by the end of January, but what are the charts pointing to?

  • Woo has corrected after a strong rally in the past. However, price made a marked reversal in December and could soon break out of the symmetrical triangle it has formed.

  • Investors need to be patient and wait for the woo to break out as getting in early could be very risky. Also, it looks like Woo is testing the lower trendline before it breaks out.

  • Investors can set a target of $ 1.4 followed by $ 1.65D. A new all-time value could also be achieved in the coming months.

  • My Top Picks
    Honeygain - Passive earner that pays in BTC or PayPal
    MandalaExchange -The Best no KYC crypto Exchange! 
    BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
    Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
    Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
    Cointiply - The #1 Crypto Earning Site
    Torum - Join the latest Social Network and earn TRM for Free! 
    LiteCoinPay - The #1 FaucetPay earner for Litecoin 
    Upland - Collect Digital Properties & Test Your Skills
    LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
    FaucetPay - The #1 Microwallet Platform
    FREEBTC - The #1 FaucetPay earner for Satoshi's
    FaucetCrypto - An earning/faucet site that pays out instantly
    FireFaucet - An earning site that pays better for some than Cointiply
    DogeFaucet - Dogecoin Faucet
    xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
    Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...
11 comments
Read more

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...
Post a Comment
Read more

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...
Post a Comment
Read more