- Worldcoin (WLD) sees new momentum as South Korea’s Upbit exchange listing drives liquidity in Asia.
- Technical indicators show bullish momentum with RSI at 61.81 and MACD trending positive.
- Analysts set the next price target at $4.00, a level last reached in December 2024.
Worldcoin (WLD) is moving in an upward direction and is eyeing a surge in its value, mirroring the broader market sentiment. The market is picking up steam as major crypto coins are moving in an upward direction.
At the time of writing, WLD is trading at $1.80 with a 24-hour trading volume of $4.23 billion and a market capitalization of $3.64 billion. The WLD price over the last 24 hours is up by 21.16%, and over the last week it is also up by 105.81%.
Source: CoinMarketCap
Also Read: Worldcoin (WLD) Price Prediction: Symmetrical Triangle Signals Breakout Toward $3.80
Worldcoin Demand Surges Following Upbit Listing
According to the crypto analyst, South Korea’s largest crypto exchange, Upbit, is listing Worldcoin’s $WLD token, which is significant in the development of the project in the Asian market. Worldcoin was founded by OpenAI CEO Sam Altman and gained global recognition with the vision of building an identity and financial network on the blockchain.
The listing of the new WLD expands the services offered by Upbit and allows Korean investors access to one of the most talked-about tokens in the market. It will bring in new liquidity and increase trading demand due to the prominence of South Korea-based crypto marketplace Upbit.
The move is considered part of the larger picture of the Korean exchanges embracing tokens related to Web3, digital identity, and artificial intelligence. Market watchers are closely following the launch of WLD, which is expected to reinforce South Korea as the top focal point in the use of Worldcoin.
Worldcoin (WLD) Targets $4 After Breakout
Worldcoin (WLD) is gaining new energy as technical indicators reflect bullish signs. The Relative Strength Index (RSI) surged to 61.81, significantly above the neutral 50 threshold, so the buying demand is on the increase.
The MACD indicator is also in the positive territory, with the MACD line at 0.08496 above the signal line at -0.05224, meaning that the bullish momentum is gaining traction.
Source: TradingView
On the price action front, WLD has registered a gigantic breakout. Strong support is at $0.5730, while the immediate level of resistance is at the level of $1.6484, which has already been reclaimed.
On continued bullish pressure, the next target is the level of $4.00 last registered in December 2024. Traders should look out for a consolidation near the $2.00 before further up-movements.
Also Read: Worldcoin (WLD) Price Gains Momentum, Bullish Setup Targets $2.60
