WOOP

Fundamental Analysis

Introduce

Woonkly is a DEFI protocol that enables a Decentralized Social Network in which the capital invested in post advertising by advertisers is shared with the people who interact with that content (Post, Photo, Video, Podcast); all created and working 100% on Blockchain using our own main network (Hyperledger BESU and Polkadot) connected with Binance Smart Chain (BSC).

BasicInfo

Technical Analysis

Kline Data

Analysis

The asset experienced high volatility with significant price swings within the 30-day period, exhibiting a general downtrend from early to late December. Initially, the price saw a notable surge around December 17th and 18th, with very high trading volume, indicating strong buying pressure. After peaking, the price faced a sharp correction. Throughout the latter part of December, there was a relatively consistent decrease in both price and trading volume, suggesting weakening momentum and diminishing investor interest. The final days of the month show a volatile price action with relatively low volume, possibly indicating a consolidation phase or a lack of clear market direction. A sharp drop at the end of the month pushed the price to the lowest point seen during the analysis period. The consistent decline in price and volume during the last half of December points toward a bearish outlook, which could indicate further downside potential in the short-term.