The cryptocurrency market is showing a clear bullish trend as major coins break through key resistance zones. Bitcoin price has surpassed $65,000, while Ethereum has also risen above $3,500. Long-term passive XRP has surged by more than 40% in the past few days, reaching $0.6. In this environment, most altcoins are also showing an upward trend, with Worldcoin (WLD), Arweave (AR) and Injective (INJ) leading the gains. Here is a detailed analysis of the trends of these three coins in the coming days.

Worldcoin (WLD) Price Analysis
 

Worldcoin’s price has been fluctuating within a falling wedge since it hit a new high near $12 at the end of Q1 2024. Recent price action shows that WLD has broken out of the upper resistance of the wedge and breached the critical resistance zone between $2.21 and $2.39. Market sentiment has improved somewhat, but technical indicators show that bulls may be stuck in a passive state for now, which could provide room for a bearish pullback.

The volume increased significantly after the price broke out of the wedge, but the current volume shows that the bulls have retreated a little. The RSI is about to reach the upper limit, which may attract bearish forces. Moreover, the DMI indicator has experienced a bullish crossover, but the decline in ADX suggests that the uptrend may consolidate at the current level. Therefore, the WLD price is expected to consolidate sideways between $3.1 and $3.3, and the next bullish rally may drive the price to $4.4.

Arweave (AR) Price Analysis
 

Arweave formed a strong base at around $25, helping it to bounce back from bearish pressure. The Mt. Gox incident and Germany briefly pushed the price down to below $20. However, the recent price action has brought AR into the bullish zone and raised expectations that it will maintain its uptrend in the coming days.

AR price has reached the major resistance zone of $31 to $32 and once it is crossed, this range could act as a solid support. The buying volume is slowly increasing, maintaining the bullish expectations for a rebound. Moreover, the Supertrend indicator has just given a buy signal, suggesting a complete trend reversal. Therefore, AR price seems ready to maintain a healthy uptrend and rise above $40. If the bulls can maintain a similar momentum, a breakout above $50 would not be difficult.

Injective (INJ) Price Analysis
 

INJ price has shown strong momentum since the beginning of the year and the recent reversal is expected to resume its uptrend. Although bears once dominated, the recent price action shows that bulls are back in control. INJ price is expected to continue its strong uptrend and resist bearish interference.

INJ price has risen above the lower support area and recorded consecutive bullish candlesticks. Despite the lower-than-ideal volume, the OBV indicator shows a clear uptrend. Moreover, the Leading Span B of the Ichimoku Cloud is moving towards the Leading Span A, and the healthy crossover suggests that a new uptrend is about to start. Once INJ price breaks above the $30-$32 resistance zone, further gains are expected, which may be beyond the bears’ reach.

Summarize

Driven by the current market bullish trend, WLD, AR and INJ all show strong upside potential. Although there may be a pullback or consolidation in the short term
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