Worldcoin Price Drops 20%đ„”
WLD Price To Hit New Low or marked support ?
All the major EMA's are directing downward direction to follow.
Market viewâ đđ»
Following the news, the WLD price has dropped ~24% from its local high and is currently hovering close to its crucial support level. đđ»
With the price free-falling, investors are concerned about the companyâs effort to make a comeback.
WLD Price Hovers Close To Its Crucial Support Level:
Despite recording a jump of ~3% in the past day with a trading volume of $129.20 million, the Worldcoin price has dropped 20.12% over the past week.
Furthermore, it has traded in a consolidated range between $1.350 and $3.30 since June. this highlights a weak bullish sentiment in the market.
Notably, the exchange holds 22.3 million WLD crypto tokens worth $37 million.
With a limited time to bid, interested participants are now eligible to apply.
The EMA 50-day constantly acts as a resistance to the price chart in the 1D time frame. This highlights a weak buying.
*Will WLD Coin Price Rise Again?*
If the market favors the bulls, the Worldcoin crypto price will regain momentum and prepare to test its resistance level of $3.30.
