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- 1 GNO token exhibited bullishness and is heading toward the $400 mark.
- 2 WOO Network (WOO) displayed a range breakout and is gaining momentum.
- 3 CHZ token price replicated follow-on buying momentum on the charts.
Gnosis token (GNO), WOO Network (WOO), and Chiliz token (CHZ) are witnessing bullish momentum and are ready for a rally in the coming sessions. Buyers are showing their domination in these crypto assets and are making fresh long positions, which signifies a rally for the following sessions.
Gnosis Attained Sharp Buying Momentum, Will GNO Reach $400?
Gnosis token (GNO) signified intense follow-on buying momentum and registered a breakout in the last sessions. The token has sharply bounced from the 100-Day EMA mark and cracked the round mark of $300 with a rise in trading volume. The token noted a surge of over 40% this week, demonstrating bullishness.
The Gnosis token (GNO) price was $337.12 at press time, with an intraday gain of 5.42%, showing bullish momentum on the charts. Moreover, the trading volume has increased by 26.28% to $13.07 Million, and the market cap has risen to $375.21 Million. Analysts are bullish and suggest that the Gnosis token (GNO) will continue to extend the gains and reach $400 soon.
WOO Exhibits Range Breakout, Is Trend Ahead Bullish?
WOO Network (WOO) exhibited a range breakout and bounced from the neckline support zone of $0.4000. Moreover, the token has regained momentum and split the neckline hurdle of $0.5000, unlocking more range and may head toward $0.5500 soon.
WOO price was $0.5158 at press time, with an intraday gain of 6.02%, showing buying momentum on the charts. Moreover, the trading volume has increased by 125.10% to $74.52 Million, and the market cap has risen to $1.64 Billion. Analysts are bullish and suggest that WOO Network may persist in extending the gains and could retest $0.6000 soon.
Chiliz Displays Rising Wedge Pattern, Could CHZ Reach $0.1500?
Chiliz token (CHZ) displayed a rising wedge formation and higher high swings on the charts. Recently, the token has surpassed the 200-Day EMA mark and gained bullishness, which trapped the bears. Afterward, the token persisted in delivering short covering moves and rallied away 30% this month.
The Chiliz token (CHZ) price was $0.1275 at press time, with an intraday gain of 2.10%, showing follow-on buying momentum on the charts. Moreover, the trading volume has increased by 4.97% to $61.82 Million, and the market cap rose to $1.09 Billion. Analysts are bullish and suggest that CHZ may continue to spark the bullishness and may scratch the upside of $0.1500 soon.
Summary
Gnosis (GNO), WOO Network (WOO), and Chiliz (CHZ) are delivering bullish momentum and have outperformed the market in the past sessions. Investors have a golden opportunity to track these cryptocurrencies and must watch out for these assets in 2024 to gain profits.
Technical Levels
Support Levels of GNO:$300 and $280
Support Levels of WOO: $0.5000 and $0.4800
Support Levels of CHZ: $0.1100 and $0.1000
Resistance Levels of GNO: $350 and $380
Resistance Levels of WOO: $0.5300 and $0.5500
Resistance Levels of CHZ: $0.1400 and $0.1600
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
