Worldcoin (WLD) shows positive changes in technical analysis indicating a potential recovery after a prolonged decline.
Current Price Situation of Worldcoin
The price of Worldcoin reached a high of $3.50 in December 2024 before experiencing a sustained drop that settled at the support level of $0.86 in March-April 2025. Recent market data suggests that a recovery phase may be starting.
Technical Indicators and Their Significance
Technical indicators show a positive MACD crossover and strong social sentiment at 0.30176, signaling potential improvement in market conditions. In particular, the recent price rise of Worldcoin above the $1.25 resistance level may indicate changes in market sentiment.
Key Price Levels to Watch
Current key levels to monitor include a resistance level at $1.25838 and a support level at $0.86202. Breaking through the resistance could signal further upward movement, while support is necessary to maintain the ongoing upward trend.
Worldcoin (WLD) displays signs of recovery after a recent low, and it is important to monitor its price movements, particularly near key support and resistance levels.
