Key takeaways
In 2024, Worldcoin might reach a maximum price value of 3.67 and an average value of $3.51
By 2027, the minimum WLD price might drop to $6.44 while its maximum can reach $7.61
The price of Worldcoin is expected to reach a maximum level of $12.42 in 2030.
Worldcoin is capturing the attention of investors and enthusiasts in equal measure. In the first week of May, Worldcoin’s token, WLD, saw a dramatic increase in its value, positioning it as one of the top-performing altcoins in the market. This surge coincides with heightened activity around artificial intelligence (AI) advancements, particularly those involving OpenAI, hinting at a significant correlation between WLD’s market movements and developments in AI technology. The buzz is partly attributed to speculative reports about potential collaborations and new ventures that could integrate more AI tools into cryptocurrency.
Overview
CryptocurrencyWorldcoinTokenWLDPrice$1.68Market Cap$844,007,145Trading Volume$132,594,183Circulating Supply499,665,717All-time High$11.82 Mar 09, 2024All-time Low$0.9758 Sep 13, 202324-h High$1.7024-h Low$1.56
Worldcoin price prediction: Technical analysis
MetricValuePrice Prediction$ 5.52 (230.52%)Volatility14.35%50-Day SMA$ 1.63705514-Day RSI45.81SentimentBearishFear & Greed Index41 (Fear)Green Days17/30 (57%)200-Day SMA$ 3.79
Worldcoin WLD price analysis: WLD remains volatile
Key takeaways:
Worldcoin WLD grapples with market volatility, trading near crucial $1.35 support as it faces a 20.12% weekly decline amid broader market pressures.
WLD’s struggle at the 50-day EMA resistance highlights weak buying pressure; RSI near 50 suggests a balanced yet uncertain market.
In 4-hour chart trends, WLD shows slight bullish signals, with EMA 20 crossing EMA 50.
Worldcoin (WLD) has recently experienced significant price fluctuations, exhibiting a pronounced decline. The coin is trading close to its critical support level, with a price movement marked by a 20.12% decrease over the past week. This downtrend has lowered the coin’s price to approximately $1.50, nearing a pivotal support level established over recent months. The day’s trading volume stands at $129.20 million, reflecting a slight uptick in trading activity despite the prevailing negative trend.
Worldcoin, known for its efforts to create a universal digital identity ecosystem, has faced challenges in maintaining investor confidence. The token’s performance reflects broader market conditions and specific events, such as the recent auction of WLD tokens by Alamanda Research’s FTX exchange, which significantly impacted its market price. This auction involved a substantial number of Worldcoin tokens valued at $37 million, contributing to the sharp price drop observed.
WLD/USD daily chart analysis: WLD oscillates above $1.35 amid market uncertainty
Analyzing the technical aspects of Worldcoin’s performance, the 50-day Exponential Moving Average (EMA) has consistently acted as a formidable resistance level. The EMA’s resistance suggests weak buying pressure in the market, which could be attributed to investor skepticism and a bearish market sentiment. The Relative Strength Index (RSI) is currently hovering near the neutral 50 mark, indicating neither overbought nor oversold conditions but rather a market in balance amidst recent price drops.
The trading pattern has shown Worldcoin traded between $1.350 and $3.30 since June. This range-bound movement underscores the market’s uncertainty about Worldcoin’s future direction. If bullish sentiments prevail and the market conditions improve, WLD could challenge its upper resistance level at $3.30. Reaching this level might pave the way for a more significant rally towards the $5.30 mark in the upcoming weeks, should the buying momentum sustain.
Conversely, if the bearish pressure persists, Worldcoin could retest its crucial support level at $1.350. Failure to hold this support could lead to further declines, making it crucial for potential investors to monitor this level closely for signs of a breakdown or a rebound.
WLD 4-hour chart analysis: WLD trades within a tight range
Zooming into the 4-hour chart, Worldcoin’s performance illustrates a tighter trading range with immediate support and resistance levels becoming more apparent. Currently trading at $1.865, WLD shows signs of consolidation after the recent uptick, with resistance near the $1.90 level and support forming around $1.80. The Relative Strength Index (RSI) on this timeframe stands at 56.14, slightly above the midline, indicating a mild bullish sentiment among traders.
The moving average convergence divergence (MACD) presents a mixed signal with a slight bullish bias. The MACD line hovers above the signal line but remains close to zero, suggesting that while the immediate momentum is positive, traders should watch for potential volatility as the market decides its next direction. The exponential moving averages (EMAs) on this chart provide additional insight, with the EMA 20 crossing above the EMA 50, a bullish signal for potential short-term gains.
The market sentiment of Worldcoin remains cautiously pessimistic as investors watch the unfolding developments from the FTX exchange auction and its repercussions on the token’s liquidity and market perception. The general crypto market trend, which has been bearish, also significantly influences Worldcoin’s price.
Worldcoin technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValue ($)ActionSMA 3$ 1.59049BUYSMA 5$ 1.699927BUYSMA 10$ 1.913138SELLSMA 21$ 1.772816SELLSMA 50$ 1.637055BUYSMA 100$ 1.937356SELLSMA 200$ 3.79SELL
Daily exponential moving average (EMA)
PeriodValue ($)ActionEMA 3$ 1.6997SELLEMA 5$ 1.6478BUYEMA 10$ 1.6187BUYEMA 21$ 1.6921SELLEMA 50$ 2.06SELLEMA 100$ 2.79SELLEMA 200$ 3.43SEL
Is Worldcoin a good investment?
Investing in Worldcoin offers the opportunity to be part of a cryptocurrency project that leverages biometric verification and zero-knowledge proofs to enhance asset security and privacy. Its approach prevents AI impersonation and supports Universal Basic Income (UBI) distribution, potentially reducing economic inequality. The upcoming World Chain Layer 2 platform, backed by Ethereum’s security, promises efficient user onboarding and robust blockchain operations. These advancements position Worldcoin as a forward-thinking investment in the rapidly evolving crypto landscape.
Will Worldcoin recover?
The WLD price chart shows recent volatility and a slight recovery, suggesting that Worldcoin may have the potential for recovery. However, future performance will depend on market conditions and investor sentiment.
Will Worldcoin reach $10?
According to long-term predictions, Worldcoin is projected to reach up to $10 by 2030.
Will Worldcoin reach $100?
Reaching $100 for Worldcoin is highly unlikely due to current market conditions, its present price levels, and the significant rise in market capitalization required. Such an increase would necessitate extraordinary growth and adoption.
Does Worldcoin have an excellent long-term future?
WLD coin is showing some recovery trend; the token may have a promising long-term future. Continued development, adoption, and favorable market trends will be crucial for its success.
Recent news/opinion on Worldcoin
Goldsky now supports World Chain by Worldcoin on Optimism and SuperchainEco, offering block space and gas prioritization for real-world apps, tailored for humans.
Worldcoin price prediction October 2024
For October 2024, Worldcoin is expected to exhibit a range of price movements. The potential low is $1.58, while the average price might be around $1.60. On the higher end, WLD could reach up to $1.64.
MonthPotential LowPotential AveragePotential HighOctober$1.58$1.60$1.64
Worldcoin Price Prediction 2024
For 2024, Worldcoin is anticipated to see varied price movements and levels. The potential low is projected at $1.50, while the average price could be around $3.51. On the higher end, WLD might reach up to $3.67.
YearPotential LowPotential AveragePotential High2024$1.50$3.51$3.67
Worldcoin Price Prediction 2025-2030
YearMinimumAverageMaximum2025$3.59$4.03$4.332026$4.93$5.75$6.052027$6.44$6.98$7.612028$6.44$6.98$7.612029$7.94$8.84$9.112030$11.29$12.33$12.42Worldcoin price prediction 2025-2030
Worldcoin price prediction 2025
In 2025, Worldcoin is expected to cross the $4.03 average price level. Investors can expect a minimum price of $3.59 and a maximum price level of $4.33.
Worldcoin price prediction 2026
In 2026, the price of WorldCoin is predicted to reach a minimum level of $4.93. The WLD price can reach a maximum level of $6.05, with an average trading price of $5.75.
Worldcoin price prediction 2027
The price of Worldcoin is estimated to reach a minimum level of $6.44. The average trading price will be $6.98, and the maximum price will be around $7.61.
Worldcoin price prediction 2028
The price of Worldcoin is expected to reach a minimum of $6.44 in 2028. The WLD price can reach a maximum of $7.61, with an average of $6.98.
Worldcoin price prediction 2029
In 2029, the price of WorldCoin is forecast to be around a minimum value of $7.94. It can reach a maximum value of $9.11 with an average trading value of $8.84.
Worldcoin price prediction 2030
The price of WorldCoin is predicted to reach a minimum level of $11.29 in 2030. The WorldCoin price can reach a maximum level of $12.42, with an average price of $12.33.
Cryptopolitan’s Worldcoin price prediction
According to Cryptopolitan, Worldcoin (WLD) could experience some growth in Q4 of 2024 as it has the potential to achieve new highs in terms of price points and market cap. Worldcoin’s price is expected to surpass $2.5 by the end of 2024.
Market price prediction: Analysts’ Worldcoin forecast
Firm Name20242025Gov.Capital$3.23$10.42DigitalCoinPrice$3.46$4.08Coincodex$ 2.94$6.54
Worldcoin’s historic price sentiment
WLD price history; Source: Coinmarketcap
Since its inception, Worldcoin has experienced fluctuations in its price. The lowest recorded price occurred on September 13, 2023, at $0.9758, marking a significant low point in its early history. This low price may have attracted initial investors seeking growth potential.
On the other hand, Worldcoin reached its all-time high two months ago, on December 17, 2023, with a price of $4.70. This milestone represented a remarkable surge in value, potentially drawing the attention of traders and investors looking for substantial returns.
In the most recent 30-day period, from December 31, 2023, to January 30, 2024, Worldcoin’s price displayed significant volatility. The opening price on December 31, 2023, stood at $3.70, but by January 30, 2024, it had dropped to $2.38, indicating a notable decrease of 35.71%.
During these 30 days, the highest price was $3.18, while the lowest was $2.09. This volatility highlights the challenges and opportunities of trading Worldcoin during this timeframe.
The closing price of Worldcoin also decreased from $3.64 on December 31, 2023, to $2.47 on January 30, 2024, reflecting a decline of 32.15%. WLD touched above $10 in March 2024 but soon lost momentum, falling below $5 in April.
Between June and July 2024, WLD has maintained a trading range of $1.76 – $4.10.
Between July and August 2024, WLD has maintained a trading range of $1.64- $3
In October 2024, Worldcoin is currently trading between a range of $1.5-$1.7.
This articles is written by : Fady Askharoun Samy Askharoun
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