Yes, it will rise, just be patient. The most likely scenario is that it will remain in a downward trend until mid-January (depending on the market) but it will rise. Invest!!
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Poppywoman
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Do they recommend buying $WLD ? Now that it has fallen, what does the market say about it following the same steps as last year when it dropped and then in February/March 2024 its rise was inexplicable? Do you think it will rise to 11 dollars in February/March?
With patience and strategy, this level can be the perfect entry point to take advantage of a potential rebound. Don't miss the chance to be ahead of the trend change!
1. Price and Recent Movement • Current price: 2.425 USDT • Daily change: -8.80% (a significant adjustment, which could represent an entry opportunity). • 24-hour low: 2.264 USDT → This level seems to act as a strong support that could indicate a temporary floor for a bounce.
2. Key Technical Indicators
a) RSI (Relative Strength Index) • Current RSI: 24.63 → The asset is clearly oversold, which historically indicates a potential bullish bounce. • Such a low RSI suggests that sellers are losing strength and a change in market sentiment could be imminent.
b) Moving Averages • MA(7) (2.553 USDT): Price is slightly below, but any breakout to the upside could trigger positive momentum. • MA(25) (2.797 USDT): Represents an important resistance. Breaking through it would signal the start of an uptrend.
c) Volume • High volume on the last red candles: This indicates that sellers have been active, but the market could be absorbing these sales, paving the way for a bullish reversal.
3. Support and Resistance Analysis • Immediate support: 2.264 USDT (recent low). This level shows strength as a base for a rebound. • Key resistance: 2.553 USDT (MA(7)) and then 2.797 USDT (MA(25)). Breaking through these zones would open the way to higher levels.
4. Bullish Signals 1. Attractive prices: Currently, the asset is trading at important discount levels after a correction. 2. Oversold zone: The RSI suggests that the market is ready for a technical rebound. This is the moment when smart buyers usually come in. 3. Recovery Opportunity: If the price breaks key resistances, we could see a move towards 2,800 USDT or even levels close to 3,000 USDT, offering excellent short-term returns.
do you think it's a good idea to buy now for the long term, that is, to take advantage of the fact that it's 'affordable' and buy for the medium term when it will be evaluated more, to sell? or
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CryptoNewsHQ
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Bullish
WLD: Breakout on the Horizon, Leverage Up! The $WLD /USDT chart is showing a promising bullish pattern. Price has been consolidating above a key support level around $2.60, forming a tight range. This consolidation often precedes a strong breakout. The RSI (Relative Strength Index) is currently at 30, indicating the asset is oversold and ripe for a rebound. Now is the time to capitalize on this potential breakout! Binance offers leverage trading, allowing you to amplify your gains. Consider using 3-7x leverage to maximize your profits when WLD breaks out of this consolidation. Disclaimer: Leverage trading carries inherent risks. Always manage your risk prudently and trade responsibly. #WLD #Binance #LeverageTrading #Breakout #Crypto Let's get those profits flowing! Please note: This is a hypothetical scenario based on the provided chart. Always conduct your own research and consult with a financial advisor before making any investment decisions. #WLD/USDT⚡️⚡️
I feel that WLD in January is going to be in a downward trend, but in mid-February it will start to rise again, perhaps breaking new all-time highs, like this year
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Nelplaydu
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$WLD
friends if there is a coin that has given me confidence in the world of cryptos it is $WLD so far I have not lost a single cent with it on the contrary I have generated profits
1. Current Price and Trend • Current price: 2.654 USDT • 24h drop: -4.84%. • The price follows a clear downward trend, forming lower highs and lows. • Recent low: 2.613 USDT, acting as immediate support.
2. Moving Averages • MA(7) (yellow): 2.689 → The price is below this average, confirming short-term bearish pressure. • MA(25) (pink): 2.857 → It remains as a strong resistance. • MA(99) (purple): 3.220 → Far from the price, it reinforces the downward trend.
3. Volume • Selling volume is still predominant, although a slight reduction is observed in recent bars. This may suggest that sellers are losing strength, but there is no confirmation of a reversal yet.
4. RSI (14) • Current RSI: 32.68 → It is close to oversold (below 30). This indicates that the asset is losing strength, but it could still fall a bit further before bouncing.
5. Support and Resistance • Immediate support: 2.613 USDT (recent low). • Major resistance: 2.689 USDT (MA(7)). • A downside break of the support at 2.613 could take the price towards 2.550 or 2.500 USDT.
6. Conclusion and Strategy • Predominant trend: Bearish. • Possible scenario: • If the price respects the support at 2.613 and the RSI starts to rise, we could see a technical bounce towards the MA(7) at 2.689. • If the support is broken, the price could continue to fall towards 2.550 or 2.500. • Recommendation: • Monitor the 2.613 level. If there are signs of a reversal (bullish candle with increasing volume or rising RSI), it could be a conservative buying zone. • If the support is lost, wait for lower levels to reduce risk.