Woo Network Price Prediction: WOO Soars 29%, But Consider This New Meme Coin Star For 10X Potential

Updated: 19 December 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Woo Network price has soared by 31% in the last 24 hours to trade at $0.478 as of 7:44 a.m. EST as trading volume surged 131% to $172 million.

In the past 7 days, the WOO Network price has surged 75%, outpacing the broader global cryptocurrency market, which has seen a 3.40% increase. The market capitalization of WOO Network currently stands at $852 million.

The Woo Network Price: Can Bulls Sustain The Momentum?

Woo Network Price Chart Analysis. Source: Tradingview.com — WOOUSD Chart Analysis. Source: GeckoTerminal.com

Bullish momentum has been initiated with a breakout from the accumulation phase, causing the price of Woo to rise from the $0.16 support zone.

Although facing resistance at $0.22, bulls have regained control near the $15.32 support level, which aligns with the 50-day simple moving average. This resurgence has propelled the price to reach a high of $40.

A golden cross has occurred as the 50-period moving average surpassed the 200-period moving average. This signals a bullish trend for the token, indicated by increased buying pressure.

The Relative Strength Index (RSI) displays a bullish trend, moving upward within the overbought region from the 50 midline level to 76, indicating intense buying pressure for the Woo Network price.

The Woo Network price is generally bullish as the RSI and SMAs set the stage for optimistic investors eyeing the next high at $0.65, a potential 40% increase from the current price.

However, bears may take control, potentially triggering a correction towards the $0.35 support level.

Even as Woo Network continues to rise, investors are rushing to buy new memo coin Meme Kombat. The token has a lucrative staking program, and experts say it will 10X upon launch.

Meme Kombat Rapidly Selling, 47 Hours to Price Hike

Meme Kombat (MK) presale is racing toward its $5 million goal, having raised $3.8 million. There is just a 48-hour window to purchase MK tokens at a discounted price of $0.246. After that, the price increases to $0.257.

Just passed $3.8 million.

Kombat is nearing ever closer⚔️ pic.twitter.com/FOvFbSTJwp

— Meme Kombat (@Meme_Kombat) December 19, 2023

Stake Your Tokens, Wager, Earn Passive Income

While investing in the presale provides financial rewards, engaging in crypto games significantly enriches the investment experience.

Once you have purchased your MK tokens, the Meme Kombat platform also allows you to wager on your favorite characters in battles, earning you profits when your chosen character emerges victorious.

Meme Kombat incorporates both the stake-to-earn and play-to-earn models, yielding an annual percentage yield (APY) of 234%.

More than 16.8 million MK tokens are already staked, with over 3.3 million rewards for stakers already distributed.

📣 Major Update 📣

The Meme Kombat Staking Dashboard is officially live and ready to be used by you!

Take a break from Kombat and visit the staking dashboard here: https://t.co/nNFEYESjPs pic.twitter.com/yswl0esb4G

— Meme Kombat (@Meme_Kombat) November 9, 2023

Jacob Bury, a popular crypto expert and YouTuber, reckons Meme Kombat has the potential to 10X upon launch.

To participate in the MK presale, visit the official Meme Kombat website, connect your Web3 wallet, and exchange your ETH, USDT, or BNB for MK tokens.