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- 1 The price prediction shows that the WOO Network price may surpass $1 by the end of 2027.
- 2 WOO Network price was $0.258 with a rise of 1.99% in the past 24 hours.
- 3 The daily price chart showcases an optimistic trend prevailing in the short term.
What is WOO Network And How it Works
Woo Network (WOO) is a decentralized finance (DeFi) platform that aims to bridge the gap between traditional finance and decentralized applications (DApps). It provides a suite of financial services, including cross-chain lending, borrowing, and trading.
Woo Network’s core feature is its cross-chain interoperability, which allows users to seamlessly transfer and trade assets across different blockchains. This is achieved through its unique Proof-of-Stake (PoS) consensus mechanism, which ensures fast transaction processing and low fees.
It had a 24-hour trading volume of $53.49 Million with a rise of 93.57% as compared to the previous day. Market cap at press time was $463.60 Million and was ranked 98th among the top cryptos. The volume-to-market cap ratio is 11.69% indicating mild volatility in the market.
WOO Network Price Prediction November 2023
The daily WOO/USD chart illustrates that the price experienced significant gains in the recent sessions. The bulls have been dominating in the last few sessions, which has resulted in the price gain.
The technical indicators imply an optimistic outlook which may take the price to higher levels. The WOO network crypto price surpassed the 50-day and 200-day EMAs that may act as a support if the price falls.
The price prediction for November 2023 showcases a neutral to bullish outlook indicating an upside potential of nearly 16.45%. The price may reach $0.297 by November end.
WOO Network Price Prediction 2023
Moreover, the weekly chart showcases that the WOO price is following an optimistic trajectory and nearing a major supply zone at $0.36. The upward trajectory may halt if enough selling volume accumulates near the supply zone. Bulls must surpass the supply zone in order to maintain the trend.
Optimistic analysts expect that the WOO price may reach a high of $0.342 by year-end, indicating an upside potential of 32.18% from present price. The minimum price target which the price may reach is $0.21.
WOO Network Price Prediction 2024
As per the analysts, the most optimistic target that WOO Network price may achieve is $0.454 indicating an upside potential of 78% from the CMP. The average analyst price target is $0.364 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $0.313.
WOO Network Price Prediction 2025
Over the next three years, the WOO price may reach a maximum of $0.611 as per the most optimistic estimates of the analysts. The price may surpass $0.488 according to the average forecast of analysts. The minimum forecasted price by the end of 2025 is $0.397.
WOO Network Price Prediction 2026
The WOO price may reach a high of $0.841 if a positive trend prevails for the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $0.52 by 2026.
WOO Network Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view estimates a price target of $1.09. The average analysts’ price target is $0.82 and the minimum price target that the WOO crypto may achieve by 2027 is $0.71.
WOO Network Price Prediction 2028
The price forecast of WOO Network crypto shows that it may touch a high of $1.52 by 2028, if the most optimistic condition prevails. On the other hand, the minimum target that the price may achieve is $0.94.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
