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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/will-nvidias-results-boost-worldcoin" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Nvidia’s Results Boost Worldcoin?</a><br></p>
<p style="text-align: justify">The price of Worldcoin (WLD) is anticipated to increase following <a href="https://newslinker.co/category/computing/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">Nvidia</a>‘s earnings announcement today, after a week of consolidation. Nvidia (NVDA) has recently garnered attention with its strong earnings, significantly affecting the market for AI-based altcoins like WLD. This development could serve as a crucial catalyst for WLD’s price surge if it surpasses expectations.</p>
<h2 id="how-linked-are-worldcoin-and-nvidia">How Linked are Worldcoin and Nvidia?</h2>
<p style="text-align: justify">In its previous earnings report, Nvidia’s earnings per share surpassed analysts’ estimates by 12.34%. This unexpected rise notably impacted AI coins, especially Worldcoin, which saw prices increase up to 50% between February 21 and 22.</p>
<p style="text-align: justify">Similarly, a 19.4% positive surprise in Nvidia’s November earnings report led to a roughly 20% rise in Worldcoin from its daily low. If Nvidia’s actual earnings once again exceed projected figures, AI tokens, particularly WLD, might experience significant value hikes.</p>
<h2 id="what-s-the-outlook-for-wld-price">What’s the Outlook for WLD Price?</h2>
<p style="text-align: justify">Worldcoin’s price has declined by 69% from its all-time high of $11.97 on March 10, consolidating between $4.59 and $5.24 over the past week. The weekly support level of $4.59 has boosted WLD by 7%, with the current trading value at $5.07.</p>
<p style="text-align: justify">Nvidia’s imminent earnings could potentially turn the $5.24 level into a support point, breaking away from the current price range. This could propel WLD to rise by up to 20%, aiming for the next daily resistance level of $6.30 from May 13. However, the surge might stall around the psychological mark of $6.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">• Nvidia’s earnings exceeding expectations could drive WLD’s price up to $6.30.<br> • A weaker-than-expected report may cause WLD to fall below $4.59, with the potential to drop further to $4.20.<br> • Closing below $4.20 could trigger a 9% decline toward $3.69, invalidating the bullish outlook.</p>
<h2 id="result">Result</h2>
<p style="text-align: justify">If Nvidia’s earnings report falls short, WLD could face a downward trend, possibly dropping to $4.59. This could trigger a 10% drop to test the weekly support level at $4.20. If the broader crypto market remains positive, this may present a buying opportunity for <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a>. Conversely, if Worldcoin closes below $4.20, it could signify market weakness, potentially leading to a 9% correction towards the April 13 low of $3.69.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/will-nvidias-results-boost-worldcoin" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Nvidia’s Results Boost Worldcoin?</a></h5>

Will Nvidia’s Results Boost Worldcoin?

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