The Woo Network price has pumped by 31% in the last 24 hours to trade at $0.3722 as of 10:30 a.m. EST after breaking out from its triangular market structure.

$WOO

Woo has broken out from its blue triangular market structure

Doing incredibly well since being shared in the Altcoin Watchlist, up +76% #WOO #Crypto #woonetwork https://t.co/vQpafjpanq pic.twitter.com/tv6oUhip2n

— Rekt Capital (@rektcapital) December 14, 2023

Woo Network Price Prediction

The 50-period moving average has exceeded the 200-period moving average to form a golden cross, as seen from the 4-hour WOO/USDT charts. This shows buying pressure on the token as the Relative Strength Index indicator moves in the overbought region while heading North.

The MACD indicator is also in the green zone, showing bullishness on the Woo Network price as bulls now face resistance at $0.38. Should bulls fail to break past this level, the Woo Network price could also face corrections as holders might look to sell for profits, with the token now having surged 55% from its previous seven-day price. 

Looking at volatility, the Bollinger Bands are diverging, showing high volatility levels on the Woo Network price. This can be attributed to increasing trading activities that have seen WOO’s trading volume surge by 294% in the last 24 hours.

Woo Network Price Prediction: Is TGC A Better Investment?

Meanwhile, as the Woo Network price could risk a correction, holders might consider looking at TG.Casino’s presale, which is about to pass $4 million. 

TG.Casino stands out with its integration with Telegram, enabling users to access the casino directly through the messaging app. This connection and end-to-end encryption enhance accessibility for over one billion Telegram users globally, simplifying the betting process without compromising user identity or requiring authentication.

The success of TG.Casino can be also attributed to its robust tokenomics, designed to stimulate demand and regulate supply. TGC members enjoy exclusive perks, including access to unique games and rooms, free incentives, a staking APY of 158.24%, a bonus of up to 200%, and a 25% refund on losses.

$TGC is now available in our ongoing presale before we hit our FINAL milestone of $5 million raised.

Buy it here: https://t.co/20PB5qO2Ku

— TG Casino (@TGCasino_) December 11, 2023

TG.Casino prioritizes security, which is evident in the examination of its smart contract by blockchain security firm Coinsult and the completion of a KYC audit to confirm the effectiveness of its security protocols.

Early adopters are urged to capitalize on the momentum of the TGC presale, with the current price of $0.185 set to increase in just over two days.

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Participants in the presale can acquire TGC, an ERC-20 token, using Ethereum-compatible wallets on the dedicated presale website. Offering a substantial yearly return of 158.24%, the platform accepts payments in both ETH and USDT, providing instant access to the staking mechanism. Stake payouts have already surpassed $1 million.

With cutting-edge security measures, well-thought-out tokenomics, and practical applications, TG.Casino emerges as a strong competitor in the cryptocurrency market.

Given the potential for a Woo Network price correction, TGC presents itself as a compelling alternative for investors in the surging online gambling market.

Visit TG.Casino here.

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• Source: https://insidebitcoins.com/news/woo-network-price-prediction-woo-soars-31-as-this-rollbit-rival-closes-on-4-million