$WLD (Worldcoin) Price Jumps 21%—Can the Rally Continue?

Worldcoin (WLD) has surged 21% in the past 24 hours, reaching $2.98, with trading volume up 119% to $1 billion. The ongoing altseason has created favorable conditions, fueling bullish momentum for WLD. Analysts believe this rally could continue, driven by strong technical patterns and market trends.

Key Factors Behind the Rally

1. Altseason Momentum

• Worldcoin rebounded from a local bottom of $2.25 to its current price, reflecting increased interest in altcoins during this bullish market phase.

• A confirmed breakout in the total altcoin market cap (excluding Bitcoin) highlights the start of a broader altseason rally, benefiting WLD.

2. Bullish Chart Patterns

• A Cup and Handle pattern on the WLD chart signals a potential breakout. The breakout point is between $2.60–$2.65, with projected targets at:

• $11.97

• $20.04

• $40.24 (in an optimistic scenario).

• Current resistance lies at $2.60, while $1.70 acts as strong support.

3. Expanding Utility

• Worldcoin’s ID verification services have expanded to over 40 countries, including Costa Rica, Poland, and Austria, contributing to the surge.

4. Increased Trading Activity

• The 22% rise in market capitalization (now at $2.10 billion) and soaring trading volume indicate strong buyer interest as WLD approaches key resistance levels.

What’s Next for Worldcoin?

Worldcoin’s bullish outlook hinges on breaking the $2.60–$2.65 resistance zone. If successful, it could trigger a strong upward trend, aligning with broader altseason momentum. Analysts are closely watching for continued trading volume growth and market strength to support these projections.

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