2025-10-29 22:37 |
Analysts suggest that sustained buying above this level could trigger a reversal, with the potential for gradual recovery toward $1.50 if momentum builds.
Chart Point to Reversal Setup Near $0.88In a recent X post, analyst TOP GAINER TODAY highlighted a possible bullish structure forming on the WLD/USDT pair. The token was trading near $0.885, up roughly 2.55%, with a clear ascending support trendline suggesting that a base may be forming after months of decline. The analyst outlined an optimistic projection toward $16, though acknowledged that such a move would require major catalysts, such as increased volume or strong market sentiment.
Source: X
Technically, the coin’s structure shows price compressing above a key zone at $0.85–$0.88, which has served as multi-week support. A breakout and close above $1.00 would mark the first meaningful bullish shift since mid-summer, potentially opening the way toward $1.50 and $2.00 resistance. However, without clear confirmation of renewed volume inflows, such upside remains speculative.
Market Overview Shows Stable StructureAccording to BraveNewCoin, Worldcoin trades at $0.90, marking a 5.63% decline over the past 24 hours. The project holds a market cap of $2.03 billion with 2.25 billion tokens in circulation and $145.1 million in 24-hour trading volume. Despite short-term weakness, the price continues to respect local support, indicating that long-term holders remain active.
Source: BraveNewCoin
Market activity has shown a notable drop in volatility compared to earlier this month, suggesting stabilization rather than panic selling. This calmer phase could lay the groundwork for accumulation as participants reassess risk exposure. A confirmed rebound above $1.00 would likely attract renewed speculative attention and improve liquidity inflows.
Technical Indicators Show Gradual StabilizationAt the time of writing, WLD/USDT trades at $0.898, down 0.66% on the day, as shown on the TradingView daily chart. The Relative Strength Index (RSI) stands at 40.54, trending slightly upward from prior oversold levels, indicating a weakening of bearish pressure. The MACD, currently at –0.079, remains below its signal line, but the histogram’s positive value (0.013) suggests early momentum recovery.
Source: TradingView
This pattern reflects an ongoing battle between consolidation and potential reversal. If buyers sustain price action above $0.85 and drive the RSI toward 50, short-term momentum could shift positively, paving the way for a test of the $1.00 resistance. Conversely, a close below $0.85 could expose the token to a retest of deeper support near $0.70. For now, the token’s steady base and mild momentum recovery hint at cautious optimism within the broader crypto environment.
origin »WorldCoin (WDC) на Currencies.ru
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