- WLD forms bullish wedge; breakout may trigger rapid price rally
- Traders target $4 mid-term if resistance at $1.00 is broken
- Global liquidity and AI integration fuel speculative optimism
Worldcoin (WLD) remains bullish as analysts observe technical and volume indicators. In the past 24 hours, the price jumped 0.79%. Although it declined by 1.24% in the last week, the general outlook is positive.
On the 4-hour chart, analysts observed a falling wedge pattern.The pattern implies a possible reversal if the resistance is broken. The structure is in line with price compression below $0.88, which shows that traders are ready for a possible breakout. In case of a successful retest of resistance, it could drive the price to $0.96.
Source: X
Another chart depicts that WLD is facing diagonal resistance, while the volume sees slow accumulation around this point. According to market participants, the $0.88 to $0.92 range is essential for a bullish continuation. An additional rise above this area could trigger bullish targets of about $1.00 and above.
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RSI and M2 Money Supply Could Push WLD to $4
RSI levels are close to oversold zones, and there are indicators of a potential bullish divergence. The Relative Strength Index indicates that there is a buildupof momentum, and this could cause a reversal of the trend if the price action supports it. Traders keep an eye on a breakout above $1.00.
Macro analysts compare the $WLD’s chart with the global liquidity indicators, especially the M2 money supply trend. The historical correlation between growth in liquidity and risk assets indicates a bullish formation. If the liquidity grows, Worldcoin can also experience the same positive trend.
Source: X
Other traders have set mid-term price targets using historical reaction zones and volume clusters. The bullish structure could push the prices to the level of $3.50-$4.20. However, this needs powerful news or catalysts to maintain the trend.
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World Chain integration with AI Supports Bullish Outlook
Moreover, market participants note the World Chain integration with AI could also attract investor interest. If this development makes media headlines or draws institutional attention, it could appeal to new customers. The AI technology and blockchain uses increases the speculative value of WLD.
As of now, the price stands at $0.87 per WLD with a 24-hour trading volume of $120.38 million. The current market cap sits at about $1.46 billion. WLD is still 92.61% below its all-time high of $11.7 which leaves a lot of room to the upside if the momentum picks up.
Source: Coinmarketcap
The traders are awaiting a confirmation of a breakout above the important levels, such as $0.90 and $1.00. If the price breaks above the current resistance, new support levels at $0.76-0.78 can be considered. The market awaits a decisive move that could shape the short- to mid-term trend.
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