Next week will be decisive for the project. If the price manages to stay above the 20-session moving average on the weekly chart, it is likely that we will see an upward bounce, resuming its bullish trend. Otherwise, the price may fall back towards levels close to 1.40.
It is important to highlight that, although news like the one published in Spain two days ago has generated a negative impact among investors, the remarkable transparency with which WorldCoin has handled the situation is also emphasized. This transparency could be key to justifying concerns related to the handling of user data.
If this scenario is resolved favorably, which I consider highly probable, this could lead the price to reach $6 very soon thanks to the confidence that investors and people in general will have.