Worldcoin (WLD) is making headlines again after showing strong signs of recovery in both price action and broader sentiment. While the token faced skepticism due to early challenges with tokenomics and optics, a new narrative is emerging. Top analysts Crypto Tony and Simon have weighed in, pointing to structural breakouts and upcoming catalysts that could reshape the outlook for the WLD price.

With Worldcoin’s “At Last” event approaching on April 30, attention around the project continues to build, providing fresh momentum in the market.

Worldcoin price has climbed by nearly 6% today alone. Over the past seven days, the token posted a 62.52% gain, signaling renewed bullish interest. At writing, WLD trades at $1.23, reflecting a substantial bounce from the $0.58 low recorded earlier this month.

Technical analysis shows that after a prolonged bearish cycle through most of 2024, WLD found strong support around the $1.00–$1.10 range. Large green weekly candles demonstrate a sharp change in sentiment. However, a major horizontal resistance near $1.39 remains intact. Crypto Tony noted that he will not consider a long entry unless WLD price reclaims $1.39 and establishes it as new support.

The broader trend is cautiously shifting upward, but confirmation above $1.39 is seen as a key condition for further rally potential.

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Speculation over deeper ties between Worldcoin and OpenAI is fueling optimism. Simon shared that OpenAI, co-founded by Sam Altman, may be exploring a human-verified social network. Worldcoin’s proof-of-personhood technology could be instrumental if OpenAI chooses to integrate biometric verification at scale.

With OpenAI’s influence and Worldcoin’s infrastructure, the possibility of launching a bot-resistant platform has caught the attention of both crypto-native and broader technology investors. These developments are considered potential game-changers if announced at the upcoming event.

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Most of the market has written off Worldcoin ($WLD) because of bad optics and uninvestable tokenomics.

But at a $1.2B market cap ($12B FDV), $WLD might deserve a second look — and recent price action could be telling a different story.

Rumors of deeper collaboration between… pic.twitter.com/Wl6rR3vNSL

Price structure analysis shows a break from the steep downtrend that defined previous months. WLD price is attempting to establish a higher low, with momentum favoring further upside if conditions align. Support is solid between $1.00 and $1.10, while $1.39 stands out as the immediate resistance that needs to be flipped.

If the resistance is broken and confirmed as support, analysts expect that $2.00 could become the next target zone. However, without confirmation, caution remains necessary.

Moreover, the April 30 “At Last” event is seen as a pivotal moment. While WLD price gains already reflect some speculation, most traders are still cautious about a potential “buy the rumor, sell the news” scenario.

Nevertheless, broader interest fueled by Sam Altman’s association with OpenAI and Worldcoin could increase visibility, setting the stage for a more sustained narrative if key announcements are made.

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The post Here’s Why Worldcoin (WLD) Price is Pumping appeared first on CaptainAltcoin.

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