Latest developments in Worldcoin (#WLD )

One of the things that Worldcoin’s rally could significantly interact with is the positive development in the Price DAA (Daily Active Addresses) indicator. In this case, it is seen that more people are interacting with the platform and this increase usually leads to an increase in demand and price.

Worldcoin has also started expanding its data to Chile, Colombia, Malaysia and South Korea with its new identity system called World ID. This step has allowed the platform to attract more users and increase its quantity. This expansion stands out as one of the biggest factors supporting the increase in $WLD prices.

Price analysis

WLD price has increased by 20 percent in the last 24 hours and has broken above the critical support level of 3.36 particles. This increase has carried Worldcoin to its highest level in five months and indicates a strong uptrend. It is currently holding support at $3.36, which is creating room for WLD to rally towards $4.

The next target is the 4 bullet resistance level. If this level is broken, the price is expected to enter a new bullish phase and attract more investors. Especially with the increasing adoption of the World ID system, WLD has high potential to reach new milestones.

However, if WLD is at 3.36 support, the price can be pulled back to 2.78. In this case, the current bearish scenario may be completely invalidated.

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