After encountering resistance at the 24-hour high of $2.26, the Worldcoin (WLD) price retraced as bears seized market control. However, the WLD market settled into a consolidation pattern at $2.06. This support level indicates that there is still significant buying interest in th...
- WLD price shows bullish signs amid consolidation at $2.06.
- Positive divergence suggests WLD may reverse the downtrend.
- The Aroon indicator points to a potential shift from bearish to bullish.
After encountering resistance at the 24-hour high of $2.26, the Worldcoin (WLD) price retraced as bears seized market control. However, the WLD market settled into a consolidation pattern at $2.06. This support level indicates that there is still significant buying interest in the market, which could lead to a bullish reversal soon.
WLD was trading at $2.22 as of press time, up 0.59% from its consolidation level. This rise indicates buyers are gaining traction and may push the price above the previous resistance level of $2.26. WLD could see a breakout and upward movement if this bullish trend continues.
WLD’s market capitalization fell by 0.70% to $245,872,885, while its 24-hour trading volume fell by 13.12% to $166,094,117 during the. Despite these mild dips, the overall bullish sentiment and potential breakout suggest that investors remain bullish on WLD’s future performance.
The stochastic RSI on the WLD/USD…
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