Can Your $100 in Worldcoin Turn to $1000 in This Crypto Bull Run?đ€Ż
Today, the cryptocurrency market showcases a remarkable surge in valuation, witnessing major altcoins significantly augmenting their worth. Worldcoin, in particular, has surged by approximately 40% in the past 24 hours, emerging as one of the leading gainers in the crypto realm.
Worldcoin (WLD) Price Targets the $10 Threshold!
Initially trading within a narrow range of $2.144 to $2.670, Worldcoin experienced a brief consolidation phase before bullish momentum propelled its price beyond this range. However, the rally encountered resistance around the $3.273 mark, leading to a temporary sideways movement.
Subsequently, amidst escalating market volatility, bullish momentum resurged, resulting in a staggering 53.40% surge over the following two days. After a period of consolidation, the WLD token surged by an additional 55.129% in valuation.
Analyzing WLD/USDT on TradingView:
Following a rejection at $7.789, Worldcoin entered a consolidation phase, fluctuating within the range of $6.291 to $7.789 for the subsequent three days. Recently, bulls broke through this resistance level, albeit facing rejection at $8.831, leading to a sideways movement.
The Moving Average Convergence Divergence (MACD) depicts a rising green histogram, signaling increased buying pressure in the market. Additionally, bullish convergence in the averages suggests a positive price trajectory for the WLD token in the near future.
What Lies Ahead for Worldcoin's Price?
A breakthrough above the $8.831 mark could reignite bullish momentum, potentially paving the way for a test of the upper resistance level at $10 over the weekend.
Conversely, if bearish forces overpower bulls, Worldcoin's price might lose momentum, testing the support level at $7.789. Continued bearish dominance could further drive prices down, potentially testing the lower limit of $6.291 in the upcoming month.
$WLD
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