Lokesh Gupta
22-06-2024
#Worldcoin reached a new all-time high (ATH) in March, demonstrating strong bullish price action.
Since March, $WLD has been consistently influenced by bearish sentiment.
Worldcoin is showing signs of regaining momentum, suggesting a potential bullish reversal.
The token has been forming lower lows and lower highs, with breakdowns observed in key support levels.
Recently, it dropped below a trading range of $4.3 to $6, signaling continued downward pressure.
The token has bounced back from its lower support levels, with $2.5 identified as a critical support zone.
According to Coin Gabbar analysis, a resurgence in bullish momentum could see Worldcoin testing upper resistance around $5.600.
Conversely, if bears maintain control, the altcoin might drop towards a crucial support level at $2.150.
KEY LEVELS :
RESISTANCE LEVEL : $4.200-$6.500
SUPPORT LEVEL : $2.000-$1.000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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