Worldcoin (WLD) is recovering after a significant fall in May, where the price reached $1.64. The current trading level is around $1.13, marking an important support level.
Current Market Situation for WLD
After a period of downward pressure, WLD found support in the $1.02–$1.05 range. This level acted as a launchpad for returning to critical supply levels.
Technical Analysis of Worldcoin
Worldcoin revisited the 78.6% Fibonacci retracement level near $1.02, forming a double-bottom structure on the 4-hour chart. The recent breakout from a falling wedge positions WLD above its short-term descending trendline. Current indicators such as RSI and MACD suggest bullish momentum.
Forecast for 2025–2029
Projections suggest that WLD can continue to grow if support at $1.05 holds. By 2025, the price could reach a maximum of $1.23. In the following years, further growth to levels of $1.88 and above could occur by 2029 if sustained development of the Worldcoin ecosystem takes place.
Worldcoin is showing signs of recovery after finding support. Technical analysis and current indicators suggest a potential continuation of growth. The long-term success of WLD will depend on the sustainability of buyer interest and the further development of the ecosystem.
