WORLDCOIN
Worldcoin Price Prediction as WLD Nears $5 – Time to Buy?#BTC#altcoins#BinanceLaunchpool#ScamRiskWarning#BullorBearWLD is up 5% in the last 24 hours, and Worldcoin price has moved to $4.74 as the cryptocurrency market enjoys another day of recovery today.
Despite this increase, Worldcoin is still down 1% in a week and 32% in the last 30 days, and the altcoin, founded by OpenAI CEO Sam Altman, is also down 59% from its all-time high from $11.74 (March 10). , 2024). However, the fact that WLD has underperformed in recent time periods should mean that it will continue to recover in the coming days and weeks, and the broader market is likely to help it recover. According to Worldcoin's chart, it now looks like a very good time to buy the token, and its indicators suggest that it is at the beginning of a short-term rally. For example, its Relative Strength Index (purple) has risen from 25 in late April to 60 today, and it looks like it will continue to rise in the near term. Also bullish is WLD's 30-day average (orange), which is rising towards the 200-day average (blue) and looks set to break above the long-term average very soon. And while Worldcoin's volume remains relatively low ($200 million currently), the lack of depth makes the coin ripe for a big swing. In the short term, Worldcoin is likely to recover along with the rest of the market, which appears to be regaining some momentum after taking a hit earlier this week. This was largely due to fears that the Federal Reserve could even raise rates during its FOMC meeting. This week, however, the central bank ultimately kept its funds rate where it was, while announcing that it would ease its quantitative tightening policy.
