As positive momentum is indicated by technical indicators, Worldcoin is set to surge 17%


The price of Worldcoin finds support around the weekly support level at $2.183 and then rebounds back up by 9%.

Using a momentum indicator, technical analysis reveals that WLD has created a bullish divergence.

The bullish argument would be rendered useless if the daily candlestick closes below $2.145.


At the time of writing, the price of Worldcoin (WLD) was 3.5% higher at $2.379, having rebounded 9% from the weekly support level on Thursday. An AI-driven coin called WLD has created a positive divergence on a momentum indicator, according to technical research. This might mean that WLD could see some further gains in the near future.

On Thursday, the price of Worldcoin retested the $2.183 weekly support level and then surged 9% to its current trading price of $2.379.

Also, the 4-hour chart's lower low on July 3 doesn't line up with the RSI's greater highs for that same time. This change, known as a bullish divergence, often causes the trend to reverse or has a brief upswing.

From its present trading price of $2.379, WLD may potentially rise 17% to $2.799 if the $2.183 barrier remains intact. From a high of $3.203 on June 20 to a low of $2.145 on July 3, this is the 61.8% price retracement level. At around the same time, the daily resistance level at $2.797 is located.

If WLD also manages to close above $2.799, it has the potential to extend its rally by a further 15% and retest its daily high of $3.203, which it reached on June 20.


Nevertheless, a shift in market structure in favor of bears might occur if the WLD daily candlestick closes below $2.145 and sets a lower bottom on the daily time frame. This shift in market dynamics has the potential to debunk the bullish thesis, sending the WLD price tumbling 4% and bringing it back down to its daily low of $2.071 on January 23.

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