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Can Your $100 in Worldcoin Turn to $1000 in This Crypto Bull Run?🤯
Today, the cryptocurrency market showcases a remarkable surge in valuation, witnessing major altcoins significantly augmenting their worth. Worldcoin, in particular, has surged by approximately 40% in the past 24 hours, emerging as one of the leading gainers in the crypto realm.
Worldcoin (WLD) Price Targets the $10 Threshold!
Initially trading within a narrow range of $2.144 to $2.670, Worldcoin experienced a brief consolidation phase before bullish momentum propelled its price beyond this range. However, the rally encountered resistance around the $3.273 mark, leading to a temporary sideways movement.
Subsequently, amidst escalating market volatility, bullish momentum resurged, resulting in a staggering 53.40% surge over the following two days. After a period of consolidation, the WLD token surged by an additional 55.129% in valuation.
Analyzing WLD/USDT on TradingView:
Following a rejection at $7.789, Worldcoin entered a consolidation phase, fluctuating within the range of $6.291 to $7.789 for the subsequent three days. Recently, bulls broke through this resistance level, albeit facing rejection at $8.831, leading to a sideways movement.
The Moving Average Convergence Divergence (MACD) depicts a rising green histogram, signaling increased buying pressure in the market. Additionally, bullish convergence in the averages suggests a positive price trajectory for the WLD token in the near future.
What Lies Ahead for Worldcoin's Price?
A breakthrough above the $8.831 mark could reignite bullish momentum, potentially paving the way for a test of the upper resistance level at $10 over the weekend.
Conversely, if bearish forces overpower bulls, Worldcoin's price might lose momentum, testing the support level at $7.789. Continued bearish dominance could further drive prices down, potentially testing the lower limit of $6.291 in the upcoming month. $WLD #Write2Earn #TrendingTopic #AmanSaiCommUNITY
Enjoy your trades and profits. Show Your Support If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿 #Write2Earn