The Worldcoin (WLD) price has recently increased by 20%. This rise is supported by the ongoing altseason. Analysts are stating that with the increasing trading volume and strong technical indicators, the Worldcoin price may see further increases in the coming days.
With the effect of the altseason, the Worldcoin price recovered from $2.25 and rose to $2.90. This 20% increase is interpreted as an indication of increased interest in altcoins. Looking at technical analysis, it is estimated that a strong uptrend could be triggered if the price breaks the resistance levels between $2.60 and $2.65.
Market structure suggests that $1.70 is acting as strong support for Worldcoin, while resistance levels are set at $2.60 and $4.78, which could guide the coin’s short-term price action.
The expansion of Worldcoin’s ID verification services to over 40 countries was another major factor driving the price increase, with this expansion causing the WLD price to increase by 21%.
The market value of WLD is currently set at $2.10 billion, while its trading volume has increased by 119% to $1 billion. These developments show that the altseason continues and Worldcoin’s role in the market is strengthening.
In the short term, the strong support and resistance levels determined are attracting investors' attention, and price movements are expected to be shaped according to these levels. When technical indicators and market trends are examined, it is evaluated that Worldcoin has the potential to gain more value in the future. Investors can continue their interest in Worldcoin thanks to the positive atmosphere provided by the altseason.