Worldcoin Price Analysis
After five days of bullish rebound, the price trend of Worldcoin shows a rounded bottom pattern. In the weekly chart, the WLD price challenges the neckline of the rounded bottom pattern, which is the 23.60% Fibonacci level.
Currently, the trading price of WLD is $3.777, up 11.14% this week. The neckline of the rounded bottom pattern coincides with $33.80. If the WLD price closes above this level, bullish momentum is expected to continue.
Additionally, the recovery over the past five days has brought an increase of over 150%.
Worldcoin Technical and Price Targets
With the reversal of bullish momentum, the MACD and signal line have aligned positively. Additionally, the height of the bullish histogram is also gradually increasing. Therefore, the trend indicators show a surge in bullish momentum.
According to Fibonacci levels, the bullish trend shows that the next price target for the breakout rebound is the 50% Fibonacci level of $6.62. If a bearish drop occurs, key support levels are at $3.60 and $3.25.
Frequently Asked Questions
Can WLD reach the $5 target?
Yes, if Worldcoin breaks the neckline at $3.80 and maintains bullish momentum, the $5 target is likely to be achieved, with the next Fibonacci target being $6.62.
What are the key support levels for Worldcoin?
The key support levels for WLD are at $3.60 and $3.25, which can buffer any bearish pullback.
What is the current price of Worldcoin?
The trading price of Worldcoin is $3.777, up 11.14% this week and 150% over the past five days.
