🌐Worldcoin marked its highest price in almost a month 🔥

The WLD token might have reached the end of its downward correction but it still faces strong resistance to continue rising.

$WLD known for its identity verification system based on biometric data scanning, has reached its highest price in almost a month, consolidating a 20% increase in the last seven days.

This surge in its price has taken the price of WLD from $1.42 to $1.74. Such growth, however, is far from its all-time high. It is still 85% below its peak of $11.82 recorded six months ago.

However, the price seems to have recently broken through the lower line of the descending channel. This upward break can be interpreted as a sign that the selling pressure that had been dominating the market could be weakening.

After the breakout, the price seems to be consolidating in a tighter range, marked by the green zone on the chart. This may be an accumulation phase before a possible more significant upward move which could be $3.79 for the token.

Always DYOR ☝️💡

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