The cryptocurrency market has started 2025 on a strong note, with altcoins benefitting from a decline in Bitcoin's dominance. Bitcoin's market share has dropped from 58.12% on December 31, 2024, to 57% as of today, creating favorable conditions for altcoins to capture momentum. Among the top performers this week are VeChain ($VET ) and Worldcoin ($WLD ), both of which have broken out of falling wedge patterns and are now testing critical resistance levels.

This development has sparked speculation about the potential for further upward movement. Here's a closer look at both tokens:

VeChain (VET)

VeChain has displayed significant strength, breaking out of a falling wedge pattern near $0.04450. Following this breakout, the token has climbed to its current price of $0.051, approaching a key horizontal resistance level at $0.05420.

If VeChain successfully breaches this resistance and confirms the breakout with a retest, it could open the door to further upside. Key resistance zones to watch are $0.061 and $0.080, which represent potential gains of up to 56% from current levels.

Technical indicators point to bullish momentum. The Moving Average Convergence Divergence (MACD) indicator has turned positive, with a growing histogram signaling increased buying pressure. This suggests a shift in market sentiment toward bullish conditions. However, for the breakout to be validated, a surge in trading volume will be crucial to confirm the strength of the move.

Worldcoin (WLD)

Worldcoin has also shown resilience, breaking out of a falling wedge pattern near $2.11. The token is now trading at $2.47, testing a critical resistance level at $2.51.

A confirmed breakout above this level, followed by a successful retest, could propel Worldcoin toward higher targets. The next significant resistance zones are at $3.16 and $4.19, representing a potential increase of 71% from current levels.

The MACD for Worldcoin shows a bullish crossover, with the MACD line moving above the signal line. This momentum shift indicates growing optimism among traders and suggests that Worldcoin could see further gains if buying pressure remains robust.

Market Outlook

Both VeChain and Worldcoin find themselves at pivotal points on their respective charts. The decline in Bitcoin dominance has provided altcoins with a window of opportunity to outperform, creating a favorable environment for potential price appreciation. However, resistance levels remain significant hurdles, and the possibility of pullbacks cannot be ruled out.

For these tokens to fully capitalize on their bullish technical setups, a confluence of factors—including increased trading volume, sustained positive market sentiment, and supportive overall conditions—will be critical. Should these align, both VeChain and Worldcoin are well-positioned to deliver notable gains in the weeks ahead, potentially outpacing the broader cryptocurrency market.

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