Worldcoin

Show

Resistance

Billion

Coin

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The Worldcoin network coin’s price is trading below all major EMA’s.</a> </li> 
 <li> <span>2</span> <a>The price of the WLD coin is trading at $1.33993606 and the 52-week range is $0.15031431 – $7.51347875. </a> </li> 
</ul> 
<p>Worldcoin Network crypto plummeted by 11.87% in market value and surged by 6.76% in trading volume in the last 24 hours, as per the Coinmarketcap, a crypto data analysis website. Its market value is $169,128,449 and its trading volume is $82,137,206. There are 126,399,288 WLD in circulation.&nbsp;</p> 
<p>As per the news on a community known as Satoshi Club, on the Coinmarketcap website, WLD has declined $10 Billion in market capitalization since its launch. The WLD coin has performed well in the last month, increasing by 788.66% and plummeting by 20.48% in the last week.&nbsp;</p> 
<p>Worldcoin coin’s (WLD) open interest is $36.37 Million. Coinglass, another crypto analysis website, shows that it fell by 23.76% in the previous session. The long versus short ratio in Worldcoin crypto for 24 hours is 0.9608. The total number of short positions added in the last 24 hours is $415.65 K against longs of $1.76 Million.</p> 
<p>Worldcoin (WLD) has a fully diluted valuation (FDV) of $13,431,313,951. This is a hypothetical market cap, assuming all 10 Billion WLD tokens are circulating today. This is according to the crypto information and data website Coingecko. However, reaching the actual FDV in Worldcoin may take years, depending on how the WLD tokens are distributed over time.</p> 
<h2 class="wp-block-heading" id="strong-wld-coin-price-technical-analysis-in-the-4-h-timeframe-strong"><strong>WLD Coin Price Technical Analysis in the 4-H Timeframe</strong></h2> 
<p>WLD coin price showed a downward trend from 2nd August around $2.53832231, falling by making lower lows and highs and breaching multiple in-between supports.&nbsp;</p> 
<p>At the time of publication, the WLD Coin price is trading around the liquidity zone at $1.33933303, and the price is facing selling pressure and decreasing.</p> 
<p>Therefore, the WLD coin price could continue to move downwards and reach the nearest support at $1.21284764 and $0.75094894. If it fails to maintain the current level.</p> 
<p>However, if the WLD Coin price sustains the current level and increases, then it might hit the nearest resistance levels of $1.48109847 and $1.64941271.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/nhjrltVOZ12_1RaGoiiHbskcITBV7cLfkKsKGSPpXGN5n-VSIolDevpIKkwuDW_2J3mweKfgent4Ccm9KlpIkpHtWnQxSNzLM0gQKs8dyB6Nmh93sWDXC59F_X-dJ6xvg5nBb_eenI-MnFt7xQd3_-w" alt="WLD Price Prediction 2023: Can WLD Coin Show A Comeback?"> 
  <figcaption class="wp-element-caption">
    Source: WLD/BUSD.1D.BINANCE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>At the time of publishing, <a href="https://www.thecoinrepublic.com/2023/08/12/worldcoin-will-face-tough-questions-on-its-ambitious-project/" rel="noopener noreferrer nofollow">the WLD coin price (BINANCE: WLD)</a> is trading below the 20, and 50-day EMAs (exponential moving averages), which are rejecting the WLD Coin price trend.&nbsp;</p> 
<p>Hence, WLD Coin price prediction estimates that prices move downwards, indicating a bearish outlook over the hourly time frame chart for its price.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/C9cxjBpuHmRRcynF_LYjeFBnfk0dqv_GVcXRpaBr-0EqtjzvyCwPY5bT-z1PFvR2WTxTPTLso9ZakAmr5BtHwEBqp59T4OvtnUtRCpty_oPXeunKypLkOiXOzsOJgf_UVug5YASvAZH-iDhYBkPgX6c" alt="WLD Price Prediction 2023: Can WLD Coin Show A Comeback?"> 
  <figcaption class="wp-element-caption">
    Source: WLD/BUSD.1D.BINANCE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>The MACD line at 0.10047196 and the signal line at 0.08170822 is below the zero line both lines crossed each other and a bearish crossover is observed in the MACD oscillator, suggesting bearish signals. The current value of the RSI is 19.18 points and the 14-day SMA is below the median line at 25.98 points, which indicates bearish sentiments as RSI took rejection on the 14 SMA line and headed for the oversold zone in the market for the WLD coin and highlighting bearishness.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>WLD coin price prediction highlights the bearish sentiments and perspectives of investors and traders regarding the WLD coin in the hourly time frame. Worldcoin price action highlights a bearish view at the time of publishing. Moreover, the technical parameters of the Worldcoin price suggest the continuation of the downtrend over the daily time frame chart. Major reliable indicators RSI, MACD, and EMA, gives negative signals regarding the WLD coin price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels:</strong></h4> 
<ul> 
 <li><strong>Support levels: </strong>The nearest support levels are $1.21284764 and $0.75094894.</li> 
 <li><strong>Resistance levels: </strong>The nearest resistance levels are $1.48109847 and $1.64941271.</li> 
</ul> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

WLD Price Prediction 2023: Can WLD Coin Show A Comeback?

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Thecoinrepublic.com

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