🔴 $WLD Critical Updates🔴
WLD is currently experiencing a bearish trend, trading below key resistance levels. It’s attempting to overcome the resistance at $2.57, which could lead to a rise towards $2.68 if successful. However, WLD is struggling to maintain the support level of $2.40, and if this fails, the next critical support is at $2.20. The RSI indicator is at 27, signaling an oversold condition that could precede a price reversal if market sentiment improves.
Adding to the market dynamics, WLD is about to start a significant linear unlocking process on July 24, with around 6.62 million WLD tokens (valued at approximately $18 million) being released daily for 730 days. This influx of tokens could impact the price, potentially leading to temporary volatility as the market absorbs the new supply.
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
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