The cryptocurrency market is showing positive changes, particularly highlighting Ethereum's rise and new signals from Worldcoin.
Ethereum Recovers Above $4,450
The cryptocurrency market begins to recover as Ethereum (ETH) rises above the $4,450 mark from a recent low of $4,221. This recovery positively impacts other altcoins.
Falling Wedge Pattern for Worldcoin
On the WLD chart, a Falling Wedge pattern is forming, which is often seen as a bullish reversal structure signaling the end of a downtrend. The recent rejection from the resistance line pushed the price down to the support base near $0.832, where buyers stepped in strongly.
Worldcoin's Prospects and Key Levels
If WLD can decisively break above its wedge resistance and reclaim the 200-day moving average ($0.99), this would serve as a strong bullish confirmation. From there, momentum could accelerate to the next technical target around $1.40. Conversely, if WLD fails to sustain buying pressure, the $0.825 support level will be critical.
In summary, the current movements in the cryptocurrency market show signs of recovery, focusing on Ethereum's achievements and Worldcoin's potential.
