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Worldcoin Price Prediction: WLD Potential Soars as Analysts Forecast Potential Rally from Key Support Levels
- Worldcoin Price Prediction is trading around USDT 0.975, slightly above a key support level near USDT 0.90, signaling a possible momentum shift.
- Analysts are anticipating a potential breakout as the price range tightens, with a focus on the resistance levels and dynamic MA 50 indicator.
- Technical analysis suggests a bullish reversal outlook as WLD approaches the MA 50, with a possible target of USDT 4.21 if a breakout occurs.
- Immediate resistance is at USDT 1.70, while key support remains near USDT 0.90, indicating a critical support area in recent trading.
- Market data shows a balanced trading period with steady volume, reflecting stability in Worldcoin's market cap around USDT 1.57 billion.
- On lower timeframes, a long position was initiated based on a 1-hour chart analysis, aligning with the falling wedge pattern observed on higher timeframes.
- Bollinger Bands on the daily chart suggest near-term price movement possibilities, with the lower band near USDT 0.911 and upper band at USDT 1.366.
- The MACD indicator is mildly bearish but shows potential for a bullish crossover, supporting the bullish case indicated by patterns and analyst views.
- Key levels to watch include the USDT 1.139 resistance and the 50-day MA, which could determine the direction of a potential sustained rally or sideways movement.
- A breakout above these levels could propel Worldcoin towards the USDT 2.10–USDT 4.21 zone, confirming the bullish outlook.
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