WOO Network Gained 49.00% in Last Month and is Predicted to Reach $0.272617 By Jul 19, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• WOO Network is up 9.66% today against the US Dollar
• WOO/BTC increased by 7.34% today
• WOO/ETH increased by 3.87% today
• WOO Network is currently trading 10.60% below our prediction on Jul 19, 2023
• WOO Network gained 49.00% in the last month and is up 51.25% since 1 year ago

WOO price is expected to rise by 11.86% in the next 5 days according to our WOO Network price prediction

is trading at $ 0.243712 after gaining 9.66% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 7.80% in the same time period. WOO performed well against BTC today and recorded a 7.34% gain against the world’s largest cryptocurrency.

According to our WOO Network price prediction, WOO is expected to reach a price of $ 0.272617 by Jul 19, 2023. This would represent a 11.86% price increase for WOO in the next 5 days.

WOO Price Prediction Chart

Buy/Sell WOO Network

What has been going on with WOO Network in the last 30 days

WOO Network has been displaying a positive trend recently, as the coin gained 49.00% in the last 30-days. The medium-term trend for WOO Network has been bearish, with WOO dropping by -19.76% in the last 3 months. The long-term picture for WOO Network has been positive, as WOO is currently displaying a 51.25% 1-year price change. On this day last year, WOO was trading at $ 0.161132.

WOO Network reached its all-time high price on Nov 15, 2021, when the price of WOO peaked at $ 1.78. The current WOO cycle high is $ 0.348383, while the cycle low is at $ 0.101744. WOO has been displaying high volatility recently – the 1-month volatility of the coin is at 11.24. WOO Network recorded 17 green days in the last 30 days.

WOO Network technical analysis for today – Jul 14, 2023

The sentiment in the WOO Network markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.224258, $ 0.201939 and $ 0.190512, while $ 0.258003, $ 0.269431 and $ 0.291749 are the key resistance levels.

Bullish sentiment for WOO Network

22 indicators are currently signaling a bullish prediction for WOO Network, while 5 indicators are showing a bearish forecast. With 81% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for WOO Network.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 60 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

WOO Network moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how WOO Network is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for WOO Network is at 58.74, suggesting that WOO is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of WOO Network over the last 50 days. Currently, WOO Network is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WOO closing price for the last 200 days. WOO is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this WOO Network prediction

After considering the above factors, we can conclude that the current forecast for WOO Network price prediction is Bullish. WOO would have to increase by 11.86% to hit our $ 0.272617 target within the next five days. Moving forward, it will be important to monitor the WOO market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term WOO Network price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.