WLD Bulls Outnumber the Bears Inside Pennant Pattern, Will it Breakout?

• Worldcoin crashed from $3.3115 and traders between $2.00 and $2.4 through the rest of the week.
• WLD takes the formation of a bearish pennant that is on the verge of completion, it will break out soon.
• EFI indicators show bulls gaining as the bear’s powers seem to fade away.

The chart below shows the behavior of Worldcoin (WLD) for the past seven days. When the whole scenario is put in perspective, it can be seen that WLD has been moving sideways except for the first day when it took a deep fall.

In particular, WLD opened the market at $2.3982 when trading started for the past week. The token gained value and reached its maximum value of $3.3115 for the week on the same day. However, after reaching its maximum value WLD was infested by the bears who crashed the price to the lowest of $1.9152 on the first day itself.  

Since reaching its lowest value WLD has been fluctuating between $2.00 and $2.4 during the rest of the week. At press time, WLD is trading at $2.29 after shedding 3.84% of its price during the past 24 hours.

The chart above shows that WLD has been tradi…

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