Worldcoin Price Prediction: Is WLD set for a fiery rebound?

23-03-2024 By: Lokesh Gupta
Worldcoin Price Prediction: Is WLD set for a fiery rebound?

Worldcoin Price Prediction 2030 is anticipated to reach $50

  • On March 10, 2024, Worldcoin reached its peak price of $11.97, marking an all-time high.

  • Following the peak, #Worldcoin experienced an immediate reversal amidst a market correction trend.

  • Within two weeks, the price of #Worldcoin dropped by 32% to reach $8.10.

  • Analysis of the daily chart indicates that Worldcoin's price is oscillating within a Bullish Flag Pattern.

  • Currently trading at $8.09, $WLD is showing relatively flat trading activity over the last 24 hours.

  • The price aims to challenge the upper trendline of the Bullish Flag Pattern.

  • The correction trend above the 50% Fibonacci level indicates sustained buyer influence on this asset.

  • An upside breakout would signify a continuation of the prevailing trend, providing support for buyers to drive the price higher.

  • Post-breakout, the rally may target potential levels of $12, followed by $15.

  • As per Coin Gabbar analysis, Conversely, if the chart pattern is disrupted, Worldcoin's price may extend its correction trend towards lower levels.

KEY LEVELS :

RESISTANCE LEVEL : $10.00-$12.00

SUPPORT LEVEL : $7.00-$5.50

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

WHAT'S YOUR OPINION?
Related News
Related Blogs