The cryptocurrency market continues to demonstrate bullish trends, especially highlighted by Ethereum and Worldcoin. This article reviews their current performance and anticipated movements.
Overview of the Current Situation in the Crypto Market
The cryptocurrency market remains bullish, with Ethereum (ETH) gaining 21% over the last week and currently trading around $3,600. This positive movement affects other altcoins as well.
Analysis of Worldcoin and Its Harmonic Structure
Worldcoin (WLD) has risen 12% over the past week, extending its 30-day gains to 22%. The formation of a 'Bearish Bat' harmonic pattern on the daily chart suggests a potential bullish continuation.
Prospects for Worldcoin in the Near Future
If WLD decisively breaks above the 200-day moving average ($1.1923) with strong volume, the token could rally as much as 125% to around $2.60, potentially leading to profit-taking or a short-term pullback.
Overall, the cryptocurrency market is showing positive results, and Worldcoin, in particular, may demonstrate significant movement if it maintains its support levels.
