- 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 …
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