WLD faces a bearish trend despite Panama expansion, falling 6.11% to $2.36.

Technical indicators show mixed signals, with MACD bullish but weak momentum.

Potential bullish reversal spotted via head-and-shoulders pattern at $1.28.

Worldcoin (WLD) has experienced a price drop following the team’s announcement of expanding World ID verification to Panama starting November 27.

World ID verification is coming to Panama starting on Nov 27 pic.twitter.com/XcsDUBhnqZ

— World (@worldcoin) November 26, 2024

Despite the news, the market reacted negatively with WLD falling in value over the past 24 hours. At press time, WLD traded at $2.36, reflecting a 6.11% decline. The token’s market capitalization dropped to $1.65 billion, a 5.47% decrease from the previous day. Trading volume also decreased by 35.46% to $533.21 million.

This dip suggests reduced market activity and declining investor interest. The token’s circulating supply is currently 699.27 million WLD.

Price Trends and Volatility

The 24-hour price chart for WLD shows a consistent decline, beginning at a daily high of $2.5131. Increased volatility appeared in the chart, displaying declines coupl…

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