Worldcoin: Price Surge and Forecasts

user avatar

by Giorgi Kostiuk

2 years ago

As the popularity of cryptocurrencies increases, Worldcoin shows significant growth. Let's see if WLD's price can reach $5.

Current Worldcoin Price Analysis

In the one-day chart, the WLD price movement showcases a breakout rally from a falling channel, gaining momentum. Based on Fibonacci levels, the uptrend has exceeded the 23.60% level at $2.28. The recovery rally has surpassed the 200-day EMA and is now challenging the 38.20% Fibonacci level at $3. Currently, it is trading at $2.92 following the 15% surge last night.

Potential WLD Growth

Based on Fibonacci levels, the rounding bottom breakout rally could result in a parabolic move in WLD. The targets above the $3 mark are at $5.14 and $7.42. On the contrary, the crucial support remains at $2.23.

Technical Indicators and Forecast

EMA: The merged 50-day and 100-day EMA lines are on the verge of a bullish crossover, significantly increasing golden crossover chances. MACD: The MACD and signal lines diverge in bullish alignment with a rise in positive histograms, providing a buy signal for WLD.

The current trend indicates potential growth for Worldcoin, with key targets at $5.14 and $7.42. However, investors should watch closely the support level at $2.23.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Starknet Community Votes to Explore Independent Post-Quantum Layer 1 Network

The Starknet community is exploring the possibility of transforming into an independent post-quantum secure layer 1 network, with a recent poll showing strong support for research into this initiative.

user avatarSatoshi Nakamura

SoFi Introduces SOFIE Tokenized Deposit for Earning Interest

SoFi has launched a new tokenized deposit product named SOFIE, allowing consumers to earn interest on dollar balances while facilitating blockchain transfers.

user avatarJesper Sørensen

Chainlink and LG CNS Join Forces to Enhance Digital Asset Infrastructure in South Korea

Chainlink and LG CNS have announced a partnership to enhance oracle and crosschain infrastructure for South Korea's financial institutions.

user avatarRajesh Kumar

HSBC Introduces RedCoin for Consumer Payments

HSBC has launched RedCoin, a stablecoin backed by the Hong Kong dollar, for consumer payments through its PayMe app.

user avatarLucas Weissmann

CME Group Achieves Record Revenue and Trading Volume in Q3

CME Group reports a remarkable 13% increase in Q3 revenue, reaching $17.373 billion, with an average daily trading volume of 294 million contracts.

user avatarFilippo Romano

Zcash Investment Product Sees Significant Inflows

Demand for the Zcash investment product tracked under ticker ZCSH surged on October 21, marking a notable recovery after earlier withdrawals.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.