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MainNewsWOO Price Re...

WOO Price Rebounds as Bulls Take Control: Will the Momentum Continue?


Apr, 25, 2023
< 1 min read
by CoinEdition
WOO Price Rebounds
  • WOO market shows signs of recovery despite cautious investor sentiment.
  • Bullish momentum in WOO/USD 7-day chart presents a buying opportunity.
  • WOO/USD 24-hour chart suggests market consolidation with negative momentum.

WOO Network’s (WOO) price has declined over the past seven days, falling from a 7-day high of $0.3188 to a low of $0.237. However, at the time of publication, bulls had retaken control of WOO, sending prices up 6.93% to $0.2546.

During the positive rebound, the market capitalization climbed by 6.97% to $429,026,681, indicating that investors are enthusiastic about the WOO market’s future and are prepared to spend more on it, perhaps leading to more rise in the coming days.

However, the 7.58% drop in trading volume to $51,035,695 suggests that investors may be cautious and may wait for a more transparent market direction before making further deals.

WOO/USD 7-day price chart
WOO/USD 7-day price chart, Source: CoinMarketCap

The Bollinger bands are rising and expanding on the WOO/USD price chart, indicating more volatility and the possibility of a trend reversal. The upper Bollinger band touching at 0.29853664, while the lower at 0.10463150, reflect this bullish mo…

The post WOO Price Rebounds as Bulls Take Control: Will the Momentum Continue? appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsWOO Price Re...

WOO Price Rebounds as Bulls Take Control: Will the Momentum Continue?


Apr, 25, 2023
< 1 min read
by CoinEdition
WOO Price Rebounds
  • WOO market shows signs of recovery despite cautious investor sentiment.
  • Bullish momentum in WOO/USD 7-day chart presents a buying opportunity.
  • WOO/USD 24-hour chart suggests market consolidation with negative momentum.

WOO Network’s (WOO) price has declined over the past seven days, falling from a 7-day high of $0.3188 to a low of $0.237. However, at the time of publication, bulls had retaken control of WOO, sending prices up 6.93% to $0.2546.

During the positive rebound, the market capitalization climbed by 6.97% to $429,026,681, indicating that investors are enthusiastic about the WOO market’s future and are prepared to spend more on it, perhaps leading to more rise in the coming days.

However, the 7.58% drop in trading volume to $51,035,695 suggests that investors may be cautious and may wait for a more transparent market direction before making further deals.

WOO/USD 7-day price chart
WOO/USD 7-day price chart, Source: CoinMarketCap

The Bollinger bands are rising and expanding on the WOO/USD price chart, indicating more volatility and the possibility of a trend reversal. The upper Bollinger band touching at 0.29853664, while the lower at 0.10463150, reflect this bullish mo…

The post WOO Price Rebounds as Bulls Take Control: Will the Momentum Continue? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Is Cardano Building Pressure for a Weekend Breakout—or Another Fakeout Below $0.63?

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Cardano (ADA) continues to trade in a narrow band below $0.63, consolidating after a ...
Apr, 19, 2025
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