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6 Altcoins to Watch for Gains as the Year Comes to an End


by CoinEdition

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  • COT, MATIC, WOO, VET, and UNI could explode in 2024.
  • All of the altcoins managed to break above key resistance levels on their charts.
  • A long-term positive price channel has formed on WOO’s weekly chart.

As the year comes to an end, investors and traders are in search of cryptocurrencies that show promising potential. With the next bull cycle expected to start any time between 2024 and 2025, Woo Network (WOO), COTI, Uniswap (UNI), Polygon (MATIC), Band Protocol (BAND), and Vechain (VET) seem to be positioning themselves to maximize their returns in 2024.

All of these altcoins managed to break above key resistance levels on their respective charts over the past three weeks. Furthermore, the price levels on their weekly charts suggest that they have either cleared or are in the process of clearing, a path for their prices to continue to rise in the first quarter of 2024. 

WOO Network (WOO)

WOO token’s adoption has been boosted by large investments, including a $12 million backing from Binance Labs. Partnerships with OpenTrade and BITHUMB have also succeeded in expanding the token’s utility, attracting more users. The burn of over 705 million WOO tokens …

The post 6 Altcoins to Watch for Gains as the Year Comes to an End appeared first on Coin Edition.

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6 Altcoins to Watch for Gains as the Year Comes to an End


by CoinEdition

Share:

  • COT, MATIC, WOO, VET, and UNI could explode in 2024.
  • All of the altcoins managed to break above key resistance levels on their charts.
  • A long-term positive price channel has formed on WOO’s weekly chart.

As the year comes to an end, investors and traders are in search of cryptocurrencies that show promising potential. With the next bull cycle expected to start any time between 2024 and 2025, Woo Network (WOO), COTI, Uniswap (UNI), Polygon (MATIC), Band Protocol (BAND), and Vechain (VET) seem to be positioning themselves to maximize their returns in 2024.

All of these altcoins managed to break above key resistance levels on their respective charts over the past three weeks. Furthermore, the price levels on their weekly charts suggest that they have either cleared or are in the process of clearing, a path for their prices to continue to rise in the first quarter of 2024. 

WOO Network (WOO)

WOO token’s adoption has been boosted by large investments, including a $12 million backing from Binance Labs. Partnerships with OpenTrade and BITHUMB have also succeeded in expanding the token’s utility, attracting more users. The burn of over 705 million WOO tokens …

The post 6 Altcoins to Watch for Gains as the Year Comes to an End appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Aptos: Downtrend deepens, but APT’s relief bounce is still possible

Aptos: Downtrend deepens, but APT’s relief bounce is still possible

The liquidation map and the 4-hour APT price chart mapped out how high a price bounce...
Solana: On-chain activity rises, but SOL isn’t done falling – Here’s why

Solana: On-chain activity rises, but SOL isn’t done falling – Here’s why

The 1-day chart saw a bearish swing structure shift, and the RSI on this timeframe wa...