Worldcoin Price Prediction: Is $50 the Next Stop for WLD?

24-04-2024 By: Lokesh Gupta
Worldcoin Price Prediction: Is $50 the Next Stop for WLD?

Worldcoin Price Prediction 2030 suggests it could reach $50

  • #Worldcoin plans to sell up to $195 million in WLD tokens, expanding the token supply by 18.6%.

  • Following a new all-time high of $11.970 on March 10th, WLD has faced bearish pressure.

  • On the daily chart, $WLD has been rejected from the upper boundary of the Descending channel pattern.

  • Despite a recent rise, $WLD encountered resistance in breaching the channel pattern yesterday.

  • Bulls failed to sustain momentum, resulting in a 3.50% decline in price.

  • WLD has completed a five-wave uptrend, indicating the subsequent downturn was a correction.

  • A breakout above the channel pattern may signal a significant recovery, potentially surpassing its previous all-time high.

  • According to Coin Gabbar analysis, Conversely, rejection could lead to another downturn, potentially driving the price below $4.

KEY LEVELS :

RESISTANCE LEVEL : $6.50-$8.00

SUPPORT LEVEL : $4.40-$3.00

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

WHAT'S YOUR OPINION?
Related News
Related Blogs