$WLD continues to maintain its support at approximately $1.80 and is currently trading around $2.2. If the current situation persists, it might increase to $2.50, which is WLD’s major resistance level level. For more upward movement, WLD needs to break the resistance of 2.50 or beyond. However, it is currently in a bullish phase despite unlocking coins. The future looks promising for this coin, especially with the numerous positive news surrounding World Coin.
Technical Indicators

Moving Averages: The 50-day moving average is trending upwards, indicating a bullish sentiment.

(RSI): Currently at 68, suggesting the asset is approaching overbought territory. This could lead to a short-term pullback.

Volume: The trading volume has increased significantly, supporting the recent price surge.News and Events: The recent 25% increase in WLD price is likely driven by positive developments, such as OpenAI’s unveiling of its new text-to-video tool, Sora

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