🔥As Worldcoin Price Rises, Is It Too Late to Buy?🔥
Crypto enthusiasts are excited by Worldcoin's 16% 24-hour price increase.
After Sam Altman's OpenAI introduced Sora, a text-to-video AI tool.
Everyone wonders whether $WLD is too late to purchase after its massive price increase.
This article will analyze WLD's price movements and determine whether a newer Bitcoin mining technology is a better investment pre-halving.
As AI fever peaks, prominent crypto players are increasingly seeing Worldcoin as a coin to accumulate, with massive buys signaling enormous trust in the OpenAI-linked project.
Worldcoin is trading at $8.2, down 3.3% in 24 hours as price movement falls away from upper trendline resistance.
Price movement established a local peak around upper trendline resistance after hitting a new all-time high at $9.46 on February 25.
WLD price seems to be falling, suggesting retracement. This is the first evidence of trouble since Worldcoin's +248% rise.
WLD Price Analysis: OpenAI's video production software buzz drives Sam Altman's Worldcoin up 16%, Bitcoin halving play next to pump?
WLD price may retest the rising 20DMA (stood at $5) if it retraces, given the 62% divergence between price and moving average support.
As Worldcoin reached a new all-time high, the RSI indicator flared to a negative 80.4, indicating a need for pullback.
However, the MACD indicates a little positive divergence in Worldcoin's momentum at 0.378.
Worldcoin needs a large retracement move after hitting a new all-time high, but after a well-defended consolidation move, it seems likely to rise.
WLD Price Analysis: OpenAI's video production software buzz drives Sam Altman's Worldcoin up 16%, Bitcoin halving play next to pump?
WLD price might rise to $9 (+7.3%).
Downside risk might push WLD to $6 (-28.4%).
Thus, WLD price analysis shows a short-term risk: reward ratio of 0.26, indicating a poor entry with excessive retracement risk.
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