Worldcoin (WLD) recently displayed a sharp price increase, capturing traders' attention. Analysts are now discussing the possibility of repeating such success.
Worldcoin Price Surge
On September 9, Worldcoin unexpectedly jumped from around $1.5 to nearly $4, representing over 150% in a single day. This movement sparked interest among traders in the market.
Correction Zone and Support
After the strong rise, prices began to correct themselves, creating sideways movement. This phenomenon is known as a correction zone among traders. Charts indicate that WLD is consolidating above a support level near $1.68. If this support holds, another upward movement may be possible.
Future Growth Prospects
Analysts predict that if the price remains at the support level, WLD may rise again. Some experts expect that if the trend continues, prices could reach levels above $3.
The outlook for Worldcoin remains uncertain, however, the support level at $1.68 will be crucial for the next market movement. Trader interest continues to grow, making WLD one of the most closely watched tokens at the moment.