$WLD The price fluctuations have been quite significant lately, with the current price at $2.965, but it suddenly dropped by 20.62% yesterday. Let’s see if it can make a spectacular comeback.
Speaking of prices, WLD has really been on a roller coaster this year, falling from a high of $12.56 to a low of $0.15, which makes its stability quite nerve-wracking. However, it has risen by 45.02% in the last 30 days and even 100.96% in the last 90 days. Although it’s still down by 26.91% over the last six months, this volatility is certainly exciting.
Currently, trading in the market is quite lively, with daily trading volume reaching 110.37 million coins. As for the price, it seems that there is support around $2.50, while resistance is near $3.89, so it might just oscillate between these two prices in the short term.
The good news is that WLD has seen several sharp increases in the last three months, with high trading volumes, indicating that people are quite attentive to it.
That said, the challenges it faces are not small. The recent drop shows that many are bearish, and given its inherent volatility, any shift in overall market sentiment affects it significantly.
So, can WLD rebound? I think there’s a chance, but it largely depends on the global cryptocurrency environment, new trends in the crypto space, and investor sentiment.
In the short term, if it can bounce back, it might reach the $3.5 to $4 range, which will be a tough hurdle for it. In the medium term, if the momentum is strong, reaching $6 in the coming months is not impossible. In the long term, if there are more applications and users, WLD might challenge the high of over $8 again.
Therefore, friends looking to invest in WLD should pay close attention to news about it and the cryptocurrency market, as well as look at technical indicators like support levels, resistance levels, RSI, and MACD, which can help you better judge its trend.
Position yourself early in potential coins, like + comment, and keep up with my rhythm to earn a fortune in this bull market!
