Worldcoin Price Surges 8%, Hinting at Potential Reversal
- Worldcoin (WLD) shows recovery potential after bottoming at $0.86, with a brief test of $1.25 resistance in May 2025.
- Technical indicators, including positive MACD crossover and strong social sentiment (0.30176), signal an improving market outlook.
Worldcoin (WLD) technical charts show bullish developments indicating a potential shift in market sentiment after a prolonged downtrend. WLD reached its highest point at $3.50 during December 2024 before undergoing a sustained price decline, which settled at $0.86 support in March-April 2025. Recent market data suggests that a recovery phase may be starting to develop.
A significant bullish indicator emerged when Worldcoin’s recent price rally surpassed the $1.25 resistance point during early May. The price rise marked the initial major peak above the downtrend’s beginning point. WLD price has retreated to $0.94 but continues to trade above the essential $0.86 support area, which supports additional price growth.
According to CoinMarketCap data, at the time of writing, Worldcoin price is trading at $0.94490 with an intraday surge of 8%, suggesting bullishness. The daily trading volume is at $180.61 million, and the volume-to-market ratio is 13.85%, indicating good liquidity.
Will Worldcoin (WLD) Price Break Above the $1.00 Mark?
The MACD indicator displays positive crossover conditions because the MACD curve (0.0357) stays above the signal curve (0.0526). Overall distribution remains mildly negative. The setup indicates upcoming bullish momentum as long as the crossover remains stable.
The Social Sentiment indicator shows an exceptionally positive reading of 0.30176, which exceeds its threshold value of 0.19208. Market participant optimism continues to rise, which typically leads to enduring price trends.
At present, the RSI stands at 51.65 while the 14-SMA line maintains a position at 61.00 near the mid-level of 50. The current momentum shows a slight bullish trend while still allowing for further price appreciation before reaching overbought territory.
Two critical price points require monitoring right now. The $1.25838 resistance level could serve as an upcoming target, while the $0.86202 support zone must stay intact to preserve the current recovery trend. A substantial long-term resistance at $2.08464 stands as a barrier that would emerge after extended price appreciation.
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Worldcoin Price Surges 8%, Hinting at Potential Reversal
- Worldcoin (WLD) shows recovery potential after bottoming at $0.86, with a brief test of $1.25 resistance in May 2025.
- Technical indicators, including positive MACD crossover and strong social sentiment (0.30176), signal an improving market outlook.
Worldcoin (WLD) technical charts show bullish developments indicating a potential shift in market sentiment after a prolonged downtrend. WLD reached its highest point at $3.50 during December 2024 before undergoing a sustained price decline, which settled at $0.86 support in March-April 2025. Recent market data suggests that a recovery phase may be starting to develop.
A significant bullish indicator emerged when Worldcoin’s recent price rally surpassed the $1.25 resistance point during early May. The price rise marked the initial major peak above the downtrend’s beginning point. WLD price has retreated to $0.94 but continues to trade above the essential $0.86 support area, which supports additional price growth.
According to CoinMarketCap data, at the time of writing, Worldcoin price is trading at $0.94490 with an intraday surge of 8%, suggesting bullishness. The daily trading volume is at $180.61 million, and the volume-to-market ratio is 13.85%, indicating good liquidity.
Will Worldcoin (WLD) Price Break Above the $1.00 Mark?
The MACD indicator displays positive crossover conditions because the MACD curve (0.0357) stays above the signal curve (0.0526). Overall distribution remains mildly negative. The setup indicates upcoming bullish momentum as long as the crossover remains stable.
The Social Sentiment indicator shows an exceptionally positive reading of 0.30176, which exceeds its threshold value of 0.19208. Market participant optimism continues to rise, which typically leads to enduring price trends.
At present, the RSI stands at 51.65 while the 14-SMA line maintains a position at 61.00 near the mid-level of 50. The current momentum shows a slight bullish trend while still allowing for further price appreciation before reaching overbought territory.
Two critical price points require monitoring right now. The $1.25838 resistance level could serve as an upcoming target, while the $0.86202 support zone must stay intact to preserve the current recovery trend. A substantial long-term resistance at $2.08464 stands as a barrier that would emerge after extended price appreciation.
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