bullish

Worldcoin

<p><a href="https://coinpedia.org/price-analysis/worldcoin-wld-bulls-wake-up-price-triggers-massive-run-eyes-on-a-25-upswing-after-a-15-rise/">Worldcoin (WLD)</a> has shown impressive performance in the crypto market over the past week, with a steady price increase that has brought it back into the $2 range. Despite recent gains, a majority of its holders remain in loss, which may lead to reduced sell pressure as they anticipate higher prices.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-worldcoin-holders-driving-a-bullish-trend">Worldcoin Holders Driving a Bullish Trend?</h2>   
<p>Worldcoin reached a <a href="https://app.intotheblock.com/">peak of around $12 earlier</a> in the year before seeing a major price drop. By mid-April, WLD had lost 69% of its peak value, settling in the $3-$4 range. This correction led to a prolonged period of losses for many holders, and currently, approximately 71% of WLD investors are still facing losses despite the recent uptick in price.&nbsp;</p>   
<p>According to historical data, only about 23% of WLD holders are in profit, while 6% are at break-even. However, if more holders opt to hold instead of sell, this sentiment could support a bullish trend, as steady demand combined with limited selling could drive prices higher.</p>   
<h3 class="wp-block-heading" id="h-wld-social-media-buzz">WLD Social Media Buzz</h3>   
<p>Alongside the price increase, Worldcoin’s social media <a href="https://app.santiment.net/">presence has surged</a>, marking a new high in public attention. The token’s 7-day Moving Average Social Dominance—a measure of how frequently an asset is mentioned across social platforms—has climbed significantly, from 0.021% to 0.30%.&nbsp;</p>   
<p>The recent rise in social mentions was further fueled by a major funding announcement by OpenAI, with which Worldcoin shares a connection through OpenAI’s co-founder, Sam Altman.</p>   
<h2 class="wp-block-heading" id="h-wld-price-forecast-is-2-47-within-reach">WLD Price Forecast: Is $2.47 Within Reach?</h2>   
<p>Technical analysis for <a href="https://coinpedia.org/price-analysis/worldcoin-accumulating-will-wld-price-trigger-a-50-rise-before-the-end-of-q3-2024/">Worldcoin shows promising</a> indicators, with a 27% gain from recent lows and bullish signals in its EMA lines. On October 6, WLD’s short-term moving averages crossed above its long-term ones in a formation known as the “golden cross,” a strong bullish indicator.</p>   
<p>If Worldcoin maintains its current trajectory, analysts expect it to test the $2.18 resistance level soon. Breaking past this level could allow WLD to reach as high as $2.47, a price it hasn’t seen since July 2024, representing a potential 23.5% increase from current levels.&nbsp;</p>   
<p>On the downside, if the market turns bearish, WLD has established support at $1.59, $1.51, and $1.38.</p>

Worldcoin Soars Back to $2: Will Holders Ignite a Bullish Trend?

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