Points
- Worldcoin（WLD）reachesacrucialdemandzonewithsignificanttradingvolume.
- Analystspredictpotentialgainsof80to120x,withatargetpriceof$205.7overayear.
- Marketindicatorsshowamixofbearishsentimentandpotentialforsignificantbuying.
- Worldcoinistradingat$2.265,withanticipatedbreakoutlevelsat$5.0and$6.0.
Worldcoin（WLD）has reached a crucial demand zone after plummetingsignificantly.It has surged by more than100%in24-hourvolume and amounted to$385Million.Itsmarket-to-volumeratio highlights good liquidity at62.02%,while its circulation stands at262.677million WLDtokens.
At the time ofwriting,the WLD market cap was$603.901Million and it ranked95thamong the top100cryptos on CoinMarketCap in the samemetric.
WLD DerivativesDataAnalysis|Source:Coinglass.com
AnalystSharesMassive100xOptimism
Ananalyst,Cryptobullmaker,shared an optimistic post onX.He stated that he had added WLD tokens to his wallet for100xgains.He even said that within ayear,the gains would bemassive.
He clarified that while it would not be a perfect100x,he was confident about gains between80and120x.He further highlighted optimistically that he wishes to sell by capturing the top of thiscycle.
Guys added$wldhere for a100x
Mark this tweet and come back to this in a year
Not perfectly 100x but u can say between 80-120x we will sell at the top of this cycle
Like and retweet and bookmark
this
pic.twitter.com/QZNH4yIZHv
https://twitter.com/Cryptobullmaker/status/1808506347039900131
He shared a graph of the weeklychart,where he drew his prediction up to the$205.7price mark by oneyear.He presented the$2.064support zone as a criticalone.
TheWorldcoin（WLD）PriceActionOnDailySymbolizesAFascinatingPatternOnTheWay
WLD started well in2024,as after the consolidation ended in January2024,the buyers became more active in the first week ofFebruary.The WLD propulsion took the crypto price and rocketed towards the peak of the$12.0mark by March9th,2024.However,afterthat,WLD displayed unusually highinstability,faced strong resistance frommid-March2024onwards,and followed a contractedwedge.
The deterioration in price led to the demandzone,where an earlier spikepropelled.WLD is at a cruciallevel.
At presstime,all indicators are reflectingbearishness.As the50-dayand200-dayEMA bands restricted theprice,the MACD has been trading in bearishterritory,where the histogram is at0.00380.
The RSI has reached an extreme oversold zone at20.62,symbolizingbearishness,but significant buying could be initiated in WLD anytime.
At presstime,the WLD has been trading at$2.265,and an anticipated falling wedge breakout could pop out based on thebuyers’activity.If breakoutspropel,the resistance levels would be$5.0and$6.0.However,if the asset breaksdown,the price could fall to the$1mark.
GlobalInandOutDataoftheWLDMoney
For any addresses with a balance ofWLD,the following chart compares the average price at which it was purchased and compares it with the recent price（atpresstime）.
Global In/OutoftheMoney|Source:Intotheblock
According to the chartdata,only15.07%are inprofit,which makes around3.55Kaddresses.Meanwhile,the addresses sitting in losses are17.6K,with a percentage of74.68%.
The price soared to$12.0in early2024before facing resistance and entering a contracted wedgepattern.The price decline created a demand zone with a potential for dormantbuying.
Indicators suggestbearishness,with EMA bands pushing the pricedown.RSI shows extreme oversoldconditions,indicating a potential for significantbuying.WLD trades at$2.265with a possible breakout towards$5.0and$6.0resistance levels or a drop to$1.Addresses show only15.07%in profit and74.68%inlosses.
Conclusion
The views and opinions stated by the author or any people named are for informational purposes only and do not constituteinvestment,financial,or any otheradvice.Trading or investing in cryptocurrency assets comes with a risk of financialloss.
解説
- Analysts’optimisticpredictionsforWorldcoin（WLD）highlightthehigh-risk,high-rewardnatureofcryptocurrencyinvestments.
- Despitethecurrentbearishsentiment,significantbuyingcouldbeinitiatedatanytime,leadingtopotentialbreakoutlevelsandsubstantialgains.
- Investorsshouldcloselymonitormarketindicatorsandtrends,consideringboththepotentialrewardsandrisksassociatedwithinvestinginWLD.
- UnderstandingtheglobalinandoutdataofW
Worldcoin（WLD）can provide insights into investor behavior and marketsentiment,helping inform better investmentdecisions.