$WLD Worldcoin price analysis: WLD presents a significant recovery.
The most enthusiastic bullish analysts expect a major token recovery after 30 bearish days.
We place the first resistance at $2.41, but the real challenge would be to overcome a double top that is located at $2.58. If the price manages to exceed this level, and trade there in the following days, the possibility of a rebound to $3 will be built.
By the way, at this point it is worth noting that
$WLD is in overbought territory with an RSI at 76 points, which may allow for short-term pullbacks.
Now and regarding the bearish outlook, we must look at the level of $2.13 or the intersection of the 20 and 200 EMA as a good reference level. Also the $2 support.
Finally, $1.86, the loss of which would lead to a fall towards $1.726 or six-month lows. A level that is quite difficult to break and that should withstand a bear attack well: in the short term it would only be lost in an extremely bearish scenario.
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More news about Worldcoin news.
Other news about the current situation of Worldcoin and that could be affecting its price are:
Recently, the Worldcoin Foundation announced an extension of the redemption period for WLD grant reserves – now allowing one more year for token claims. This measure is due to the fact that users need more time to confirm their World IDs.
On the other hand, Worldcoin already made an official announcement to inform about the release of a preview of World Chain for developers. This news has already been discussed in CriptoTendencia and in it we reveal everything it implies for this project.
Finally, although this “preview” is only open to a limited number of developers, it offers them the opportunity to build, test and explore its full potential.
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