Worldcoin (WLD) Market Poised for Rebound as Bearish Momentum Wanes
- Bears dip WLD price as bullish momentum wavers after facing resistance.
- Rising ROC indicates diminishing downward momentum in the WLD market.
- A strong technical buy signal boosts hopes for a WLD market turnaround.
In the previous 24 hours, bearish momentum in the Worldcoin (WLD) market has been robust, with prices falling from an intraday high of $1.38 to an intraday low of $1.24. Consequently, WLD was trading at $1.34 as of press time, down 1.29% from its intraday high. The WLD market’s negative trend may be attributable to rising selling pressure and a lack of significant buying support.
A break below $1.24 might signal that bears are ready to push the market to the next support level around $1.20. However, if bulls can disperse negative momentum, WLD might recover and restore strength.
WLD’s market capitalization and 24-hour trading volume fell by 1.38% and 44,55%, respectively, to $174,797,988 and $124,436,135. This market capitalization and trading volume decline reflects the WLD market’s negative trend.
The Fisher transform has shifted over …
The post Worldcoin (WLD) Market Poised for Rebound as Bearish Momentum Wanes appeared first on Coin Edition.
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Worldcoin (WLD) Market Poised for Rebound as Bearish Momentum Wanes
- Bears dip WLD price as bullish momentum wavers after facing resistance.
- Rising ROC indicates diminishing downward momentum in the WLD market.
- A strong technical buy signal boosts hopes for a WLD market turnaround.
In the previous 24 hours, bearish momentum in the Worldcoin (WLD) market has been robust, with prices falling from an intraday high of $1.38 to an intraday low of $1.24. Consequently, WLD was trading at $1.34 as of press time, down 1.29% from its intraday high. The WLD market’s negative trend may be attributable to rising selling pressure and a lack of significant buying support.
A break below $1.24 might signal that bears are ready to push the market to the next support level around $1.20. However, if bulls can disperse negative momentum, WLD might recover and restore strength.
WLD’s market capitalization and 24-hour trading volume fell by 1.38% and 44,55%, respectively, to $174,797,988 and $124,436,135. This market capitalization and trading volume decline reflects the WLD market’s negative trend.
The Fisher transform has shifted over …
The post Worldcoin (WLD) Market Poised for Rebound as Bearish Momentum Wanes appeared first on Coin Edition.
Read More