bullish

World

Worldcoin

Read

<p>ElonTrades and World Of Charts, highlighted the bullish potential of Worldcoin (WLD), suggesting paths for significant price increases.</p>
<p>ElonTrades began by noting that Worldcoin is <em>“primed for a reversal.”</em> Co-founded by <a href="https://en.wikipedia.org/wiki/Sam_Altman" target="_blank" rel="noopener noreferrer nofollow">Sam Altman of OpenAI,</a> the project aims to establish a global digital currency and identity system utilizing biometric data, specifically iris scans, to verify identities.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WLD</a> primed for a reversal<br><br>Co-founded by <a href="https://twitter.com/sama?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@sama</a> of <a href="https://twitter.com/OpenAI?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@OpenAI</a> <br><br>Worldcoin aims to create a global digital currency and identity system that uses biometric data (such as iris scanning) to verify individuals’ identities. It focuses on decentralization, universal basic income, and the… <a href="https://t.co/wCcFOvPkUJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wCcFOvPkUJ</a></p>— ElonTrades (@ElonTrades) <a href="https://twitter.com/ElonTrades/status/1842802887321084228?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The focus on decentralization, universal basic income, and broad cryptocurrency distribution has garnered interest. As of 2024, over 6.5 million individuals across 160 countries have registered for World ID, with strong adoption reported in countries like Argentina and Germany.</p>
<p>ElonTrades emphasized that the project is on a trajectory for mass adoption, similar to major tech companies, and suggested that a price increase of 10-20 times is feasible given its global ambitions.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/sec-schedules-behind-closed-doors-meeting-is-it-about-ripples-xrp-settlement/" target="_blank" rel="noopener noreferrer nofollow">SEC Schedules Behind Closed Doors Meeting—Is It About Ripple’s (XRP) Settlement?</a></em></strong></p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="top-analyst-sees-a-2x-wld-price-increase">Top Analyst Sees a 2x WLD Price Increase</h2>
<p>Meanwhile, <a href="https://x.com/WorldOfCharts1/status/1842808970907627642?t=ayan1XVlpbHn09of1WCRrg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">World Of Charts</a> provided a technical analysis of WLD, indicating that after a 25% bullish rally, the cryptocurrency has successfully retested a crucial support level. The chart shared by World Of Charts illustrated a falling wedge pattern, a bullish reversal signal, which has formed over several months.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/sec-schedules-behind-closed-doors-meeting-is-it-about-ripples-xrp-settlement/" target="_blank" rel="noopener noreferrer nofollow">SEC Schedules Behind Closed Doors Meeting—Is It About Ripple’s (XRP) Settlement?</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="580" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-1024x580.png" alt="" class="wp-image-562929" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-1024x580.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-767x434.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-1536x870.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-2048x1160.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-265x150.png 265w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-618x350.png 618w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252-788x446.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-252.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Following a recent breakout from this pattern, the price has moved above the upper trendline, confirming bullish sentiment. The successful retest of this trendline strengthens the case for further upward movement.</p>
<p>World Of Charts projected a potential price target of approximately $3.50 to $3.60, suggesting a doubling of the current price around $1.70. They highlighted the importance of volume confirmation during this breakout and identified resistance levels that, if breached, could signal further bullish momentum.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/worldcoin-wld-rising-metrics-signal-bullish-potential-analysts-draw-path-to-2x-and-10x-price-increase/" rel="noopener noreferrer nofollow">Worldcoin (WLD) Rising Metrics Signal Bullish Potential: Analysts Draw Path to 2x and 10x Price Increase</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Worldcoin (WLD) Rising Metrics Signal Bullish Potential: Analysts Draw Path to 2x and 10x Price Increase

Table of Contents

CaptainAltcoin

Other articles published on Oct 7, 2024

Weekly Article Recap: 9/30-10/04

Whale Trades Propel NEIRO Coin’s Value Up

Bitcoin: Short-Term Holders on the Brink as $6 Billion Vanishes

Meme Coins, Politifi Cryptos Soar As Uptober Bull Run Hopes Make A Comeback

Dogwifhat (WIF) Price Prediction for Today, October 7—WIF Technical Analysis

Top 4 Memecoins That Could Surpass DOGE in the 2024 Bull Market

Join our free newsletter for daily crypto updates!