๐ Worldcoin Price Prediction: Could the New AI Model Push WLD to $2? ๐
Worldcoin (WLD) is currently riding high on the wave of excitement from OpenAIโs latest AI model release, known as o1. After a significant boost, WLD price has surged by 16% and stabilized with a 5% gain.
Could this momentum drive Worldcoin to $2? ๐๐ฅ
๐ Key Updates:
AI Boost:
OpenAIโs new AI model, o1, which boasts strong reasoning capabilities and extensive world knowledge, has been a game-changer. This release has given Worldcoin a notable boost, propelling its price above previous resistance levels. ๐ง
๐Sam Altman Connection:
The price surge may also be influenced by Sam Altman, OpenAIโs co-founder, who is also behind Worldcoin. Recent Worldcoin airdrops and increased user onboarding have added to the excitement. ๐ก
๐ Technical Analysis:
Resistance and Support: Worldcoin price has been struggling below $1.50 but has recently broken this barrier. The price action completed a cup-and-handle pattern and a bullish reversal structure. ๐โก๏ธ๐
Next Targets:
After encountering resistance at $1.60 (coinciding with the 200-day EMA), a successful retest of support at $1.50 could lead to a bullish continuation. This could potentially drive WLD up by 34% to $2.00.
๐Potential Upside:
If buying pressure continues, WLD could break the $2.00 barrier and aim for the next major resistance around $3.20.
๐Risk Factors:
If WLD fails to maintain above $1.50, it might signal bearish trends, possibly pushing the price down to $1.35 or $1.25.โ ๏ธ
With OpenAIโs o1 model creating a buzz and the technical indicators suggesting a bullish trend, Worldcoin is poised for potential gains. If the momentum continues, WLD could reach $2 and beyond.
Stay tuned and keep an eye on these developments! ๐๐
#Worldcoin #WLD #PricePrediction #OpenAI #BinanceLaunchpoolHMSTR