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Cryptocurrencies: Worldcoin Under Pressure, Dogecoin Shows Golden Cross

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by Giorgi Kostiuk

an hour ago


The cryptocurrency market is showing fresh signs of activity. Worldcoin and Dogecoin attract trader attention due to recent developments related to their prices and movements.

Worldcoin Maintains Critical Price Level

Worldcoin (WLD) has fallen from $1.08 to $0.99 over the last 24 hours, marking a 9.38% decline. The main support is at $0.9950, while $1.08 acts as firm resistance. The RSI is nearing oversold territory, indicating that selling pressure may soon ease. A brief stabilization around $0.98 suggests a possible short-term recovery. Daily trading volume rose to $230.78 million during the decline, signaling a strong reaction, but further movements remain uncertain.

DOGE's Golden Cross Indicates Possible Upside

Dogecoin (DOGE) has formed its first golden cross since November, where the 50-day moving average crossed above the 200-day. This technical event has often preceded notable rallies for the asset. Currently priced at $0.2357, DOGE's chart suggests bullish momentum is building. The $0.25 mark is the first price level in focus, with potential for larger moves if buying accelerates.

BlockDAG: Funding Milestone and Technological Advances

BlockDAG's presale has raised $374.5 million, selling over 25.2 billion coins in 29 batches. The current price is $0.0276, still well below the planned $0.05 launch price. The project combines blockchain with a Directed Acyclic Graph to enable parallel block confirmations, delivering thousands of transactions per second. Partnerships with the Seattle Seawolves and Seattle Orcas add visibility by introducing NFTs and fan coins to a mainstream audience.

Currently, WLD is at a point where holding $0.9950 could set up a rebound, while DOGE's golden cross is a bullish signal with a proven record of leading to strong rallies. BlockDAG, with secured funding and a functional mining system, is preparing for a full launch, which could serve as a foundation for growth.

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