- In September, investors need to pay attention to WOO, LINK, DOGE, FET, and OCEAN.
- WOO’s price action suggests a potential bounce from crucial support.
- LINK has trended downward since the last week of July but is nearing significant support.
It is the first day of September and the beginning of the last quarter of 2023. This post looks at the top five cryptocurrencies to watch this month. For specific reasons, we think crypto investors should pay close attention to WOO, LINK, DOGE, FET, and OCEAN crypto tokens.
WOO Network (WOO)
WOO is the utility token of the WOO Network, a deep liquidity network that connects traders, exchanges, institutions, and DeFi platforms. WOO Network users apply WOO for staking purposes for CeFi and DeFi products. WOO’s price action suggests a potential bounce from crucial support established at the end of Q1, 2023. The support is around the $0.137 region, and bouncing off of it could see WOO return to the $0.252 resistance region before pushing toward its yearly high of $0.389.
Read Also : WOO Network Price Prediction 2023-2030
Chainlink (LINK)
Chainlink enables blockchains to interact with external entities securely and has existed since 2017. Its utility token, LINK, is currently ranked in the 21st position on CoinMarketCap, with a market capitalization of $3.2 billion. LINK has trended downward since the last week of July but is nearing significant support. This support at $5.716 was established in June and could serve as a swing point for LINK to post some significant gains in September. Failure to do so could see the blockchain token drop lower to the $5.00 region, which marks the next price support.
Read Also : Chainlink (LINK) Price Prediction 2023-2030
Dogecoin (DOGE)
DOGE is the network token for the flagship meme coin, Dogecoin, themed after the popular internet “doge” meme. DOGE’s August rebound from the $0.0561 local low was halted, and the price has dropped into a region of congested support around $0.630. Considering Elon Musk’s affiliation with the meme coin and the ongoing developments on X (Twitter), crypto investors are keeping a close eye on DOGE. Bouncing off the current support could see DOGE push toward the next resistance at $0.0774.
Read Also : Dogecoin Price Prediction 2023-2030
Fetch.ai (FET)
Fetch.ai is an artificial intelligence (AI) lab with a crypto economy powered by its native coin, FET. FET has traded in a tight range between $0.1816 and $0.2565 since June. Recently, FET tested the upper limit after displaying significant upside momentum. Breaking above this range could open the way for the novel crypto token to push higher toward $0.2903.
Read Also : Fetch.ai Price Prediction 2023-2030
Ocean Protocol (OCEAN)
With Ocean Protocol, individuals and organizations can monetize their data through ERC-20-based tokens. The platform’s native token, OCEAN, shows significant upward momentum after bouncing off a local low. A continuation of the rally could see OCEAN push toward the next resistance at $0.3561, a break above which could take it to $0.4180 in a significant rally.
The post Here Are the Top 5 Cryptocurrencies to Watch in September 2023 appeared first on Coin Edition.