Key takeaways
- In 2024, Worldcoin might reach a maximum price value of $8.46 and an average value of $8.10
- By 2027, the minimum WLD price might drop to $14.84 while its maximum can reach $17.54
- The price of Worldcoin is expected to reach a maximum level of $28.64 in 2030.
Worldcoin is capturing the attention of investors and enthusiasts in equal measure. In the first week of May, Worldcoin’s token, WLD, saw a dramatic rise in its value, positioning it as one of the top-performing altcoins in the market. This surge coincides with heightened activity around artificial intelligence (AI) advancements, particularly those involving OpenAI, hinting at a significant correlation between WLD’s market movements and developments in AI technology. The buzz is partly attributed to speculative reports about potential collaborations and new ventures that could integrate more AI tools into cryptocurrency.
Overview
Cryptocurrency | Worldcoin |
Token | WLD |
Price | $3.82 |
Market Cap | $2.84B |
Trading Volume | $845.50M |
Circulating Supply | 742.26M WLD |
All-time High | $11.82 Mar 09, 2024 |
All-time Low | $0.9758 Sep 13, 2023 |
24-hour High | $3.95 |
24-hour Low | $3.76 |
Worldcoin price prediction: Technical analysis
Metric | Value |
Price Prediction | $ 12.52 (224.72%) |
Volatility | 19.84% |
50-Day SMA | $ 2.30 |
14-Day RSI | 73.04 |
Sentiment | Bullish |
Fear & Greed Index | 72 (Greed) |
Green Days | 18/30 (60%) |
Worldcoin WLD Price Analysis: WLD maintains crucial support amid sell-off, eyes recovery
Key takeaways:
- Worldcoin demonstrates resilience at the crucial $2.40 support level despite recent profit-taking by significant traders and whales.
- WLD faces key resistance near $2.65 and potential higher targets at $3.00-$3.10.
- Support remains strong at $2.40, with risks of a drop to $2.10.
Worldcoin (WLD) price analysis on December 20th reveals that the cryptocurrency navigated significant market pressure. Following a recent high of $3.85, the coin witnessed a sell-off, particularly by Smart DEX traders and large whales, leading to a downward trajectory. Currently, WLD is trading near the $2.40 mark, showing a decline in momentum as traders take a cautious stance. The sell-off pressure has contributed to weaker buying interest, reflecting broader market uncertainty as the global cryptocurrency market shows signs of mixed sentiment.
Despite the downturn, Worldcoin has demonstrated resilience at the $2.40 support zone. This level has been tested repeatedly, suggesting sustained buyer interest, even amid profit-taking activities. The broader crypto market remains volatile, with Bitcoin and Ethereum trading sideways, contributing to subdued activity in altcoins, including WLD. Traders are closely watching whether this support can hold or if WLD may consolidate further in the coming days.
Daily chart analysis: WLD seeks momentum at crucial support
The daily Worldcoin (WLD) chart reveals a cautious but pivotal phase in the coin’s price movement. After the recent decline, WLD has stabilized near the $2.40 support zone, proving to be a substantial price floor. Key technical indicators provide further insights into the current market dynamics and potential recovery scenarios.
The 20-day EMA is positioned above the price level, reflecting short-term bearish momentum. Additionally, the MACD indicator shows a slight decrease in negative momentum, with the histogram narrowing in the bearish zone. This suggests that while sellers are still active, the downward pressure is gradually losing steam. If the MACD continues to converge, it could signal a potential shift toward bullish momentum in the coming days.
The Relative Strength Index (RSI) for WLD stands at 37.95, indicating oversold conditions in the daily timeframe. This metric reflects the likelihood of a price reversal as buyers may re-enter the market, driven by the potential for a rebound from current levels. The RSI also indicates that the $2.40 support level is holding firm, which may encourage cautious optimism among traders.
WLD 4-hour chart analysis: Worldcoin faces resistance at $3.0
On the 4-hour chart, Bollinger Bands reflect narrowing price action, signifying reduced volatility. The price trades near the lower band, suggesting the current price zone might be undervalued. A potential move towards the middle or upper Bollinger Band could indicate a recovery attempt, provided there is an increase in trading volumes.
WLD faces immediate resistance near the $2.65 level, corresponding to the 50-day EMA. A breakout above this resistance could pave the way for a retest of the $3.00-$3.10 zone. Conversely, if the $2.40 support fails, WLD may see further declines toward $2.10, which marks the lower range of the current Bollinger Bands.
The recent market trends for Worldcoin highlight the effects of significant profit-taking by key market participants. Smart DEX traders and whales exited positions around the $3.80-$3.90 range, capitalizing on the earlier price rally. However, this mass exit left WLD vulnerable to selling pressure, triggering a retreat to current levels. The lack of immediate buying activity post-sell-off has stalled upward recovery attempts.
The $2.40 support level, however, remains critical. This price zone, which acted as a consolidation point during WLD’s earlier rally, continues to attract buyers. Historical data also shows that WLD surged from $1.50 to $4 earlier this year, highlighting the coin’s potential for rapid upward movement when market conditions favor bullish sentiment.
What to expect from Worldcoin price analysis
As Worldcoin and other similar altcoins face the challenges of large-scale transfers and their impact on market prices, traders can expect WLD to face immediate resistance at $3.80. Surpassing this barrier may set the stage for approaching the psychological mark of $4.00. Conversely, the inability to maintain current levels could lead to a test of the $3.58 support, with further potential declines toward $3.50.
Worldcoin technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value | Action |
SMA 3 | $ 2.98 | BUY |
SMA 5 | $ 3.14 | BUY |
SMA 10 | $ 2.91 | BUY |
SMA 21 | $ 2.63 | BUY |
SMA 50 | $ 2.30 | BUY |
SMA 100 | $ 2.01 | BUY |
SMA 200 | $ 2.95 | BUY |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $ 2.65 | BUY |
EMA 5 | $ 2.49 | BUY |
EMA 10 | $ 2.32 | BUY |
EMA 21 | $ 2.14 | BUY |
EMA 50 | $ 1.964 | BUY |
EMA 100 | $ 2.15 | BUY |
EMA 200 | $ 2.71 | BUY |
Is Worldcoin a good investment?
Investing in Worldcoin offers the opportunity to be part of a cryptocurrency project that leverages biometric verification and zero-knowledge proofs to enhance asset security and privacy. Its approach prevents impersonation and supports Universal Basic Income (UBI) distribution, potentially reducing economic inequality. The upcoming World Chain Layer 2 platform, backed by Ethereum’s security, promises efficient user onboarding and robust blockchain operations. These advancements position Worldcoin as a forward-thinking investment in the rapidly evolving crypto landscape.
Will Worldcoin recover?
The current WLD’s price action shows volatility and a slight recovery, suggesting that the cryptocurrency may have the potential for recovery. However, future performance will depend on the crypto market conditions and investor sentiment.
Will Worldcoin reach $10?
According to long-term predictions, the Worldcoin price forecast expects WLD to reach $10 by 2030.
Will Worldcoin reach $100?
Worldcoin prediction to reach $100 is highly unlikely due to current market conditions, its present price levels, and the significant rise in market capitalization required. Such an increase would necessitate extraordinary growth and adoption.
Does Worldcoin have an excellent long-term future?
WLD coin is showing some recovery trend; the token may have a promising long-term future. Continued development, adoption, and favorable market trends will be crucial for its success.
Recent news/opinion on Worldcoin
German authority orders World to align its data handling with GDPR, demanding a compliant deletion procedure and a system shutdown by May 2024. German authorities have mandated that World, formerly known as Worldcoin, comply with the General Data Protection Regulation (GDPR) by implementing a GDPR-compliant data deletion procedure.
The Bavarian State Office for Data Protection Supervision concluded its investigation, giving World one month to adhere to the regulations. In response, the World Foundation is appealing the decision, seeking clarity on its Privacy Enhancing Technologies. Additionally, the company plans to shut down its existing system and delete all stored data by May 2024.
Worldcoin price prediction December 2024
Worldcoin is expected to exhibit a range of price movements in December 2024. The potential low is $3.51, while the average price might be around $3.86. On the higher end, WLD could reach up to $4.21.
Month | Potential Low | Potential Average | Potential High |
Worldcoin price prediction December 2024 | $3.51 | $3.86 | $4.21 |
Worldcoin Price Prediction 2024
Worldcoin is anticipated to trade at a minimum price of $3.47 and an average price of $8.10 by the end of 2024. On the higher end, WLD might reach up to $8.46.
Year | Potential Low | Potential Average | Potential High |
Worldcoin price prediction 2024 | $3.47 | $8.10 | $8.46 |
Worldcoin Price Prediction 2025-2030
Year | Minimum Price | Average Price | Maximum Price |
2025 | $8.28 | $9.29 | $9.98 |
2026 | $11.37 | $13.25 | $13.95 |
2027 | $14.84 | $16.09 | $17.54 |
2028 | $14.84 | $16.09 | $17.54 |
2029 | $18.30 | $20.38 | $21.01 |
2030 | $26.04 | $28.43 | $28.64 |
Worldcoin price prediction 2025
In 2025, Worldcoin is expected to cross the $9.29 average price level. Investors can expect a minimum price of $8.28 and a maximum price level of $9.98.
Worldcoin price prediction 2026
In 2026, the price of WorldCoin is predicted to reach a minimum level of $11.37. The WLD price can reach a maximum level of $13.95, with an average trading price of $13.25.
Worldcoin price prediction 2027
Per the Worldcoin price prediction for 2027, WLD is estimated to reach a minimum level of $14.84, an average trading price of $16.09, and a maximum price of around $17.54.
Worldcoin price prediction 2028
The price of Worldcoin is expected to reach a minimum of $14.84 in 2028. Traders can expect a maximum price of $17.54 and an average of $16.09.
Worldcoin price prediction 2029
According to the WLD price prediction for 2029, WLD could trade at a minimum value of $18.30, a maximum value of $21.01, and an average value of $20.38.
Worldcoin price prediction 2030
The price of WorldCoin is predicted to reach a minimum level of $26.04 in 2030. In a bullish scenario, WLD can reach a maximum price of $28.64, while maintaining an average price of $28.43.
Cryptopolitan’s Worldcoin price prediction
According to Cryptopolitan, Worldcoin (WLD) could experience some growth in Q4 of 2024 as it has the potential to achieve new highs in terms of price points and market cap. By the end of 2024, Worldcoin’s price is expected to recapture and surpass the $8.46 mark it attained in mid-October.
Market price prediction: Analysts’ Worldcoin forecast
Firm Name | 2024 | 2025 |
Gov.Capital | $4.23 | $7.21 |
DigitalCoinPrice | $8.46 | $9.98 |
Coincodex | $10.44 | $18.03 |
Worldcoin’s historic price sentiment
- Worldcoin hit a low of $0.9758 on September 13, 2023, and reached an all-time high of $4.70 on December 17, 2023. In the 30 days from December 31, 2023, to January 30, 2024, its price fluctuated significantly, opening at $3.70 and closing at $2.47, with a high of $3.18 and a low of $2.09, marking a 35.71% decrease.
- In March 2024, WLD surged to over $10 but quickly fell below $5 by April. From June to August 2024, it traded within the range of $1.64 to $4.10, reflecting ongoing volatility in its value. In October 2024, reached a peak price of $2.650 but dipped afterward and currently trading in the range of $1.72 – $1.99 in November.
- As for December, WLD price is trading in a range between $3.76-$4.00