The current price of Worldcoin (WLD) stands at $0.49, with a bullish outlook as it tests key resistance levels. Analysts predict that if the critical support at $0.47 holds, WLD could target a price range between $0.55 and $0.67 in the near term.
The recent analysis highlights a short-term price target of $0.55, representing a 12.2% increase from the current price. In the medium term, the forecast suggests a trading range of $0.47 to $0.67. Breaking through the $0.55 resistance is essential for maintaining a bullish trend.
Recent trends indicate a cautiously optimistic market for Worldcoin, particularly as institutional interest grows. Multicoin Capital has reportedly added 60 million WLD tokens to its portfolio, signaling confidence in future price appreciation.
Technical indicators provide a mixed but favorable outlook. The MACD has shown bullish signals with a positive histogram at 0.0014, marking a potential shift in momentum. Although the MACD lines remain in negative territory, the narrowing gap suggests diminishing bearish pressure.
The Relative Strength Index (RSI) is currently at 36.41, indicating neutral conditions but closer to oversold levels, allowing room for upward movement without immediately becoming overbought. Furthermore, the Stochastic oscillator indicates oversold conditions, potentially setting the stage for a price bounce.
In examining the Bollinger Bands, WLD is trading within the lower third, with price action confined between the $0.44 lower band and the $0.54 middle band. This compression often precedes increased volatility, and the direction of the breakout will be critical.
The bullish scenario for WLD focuses on a price target between $0.55 and $0.58, aligning with the 20-day simple moving average (SMA) at $0.54. A successful breach of $0.55 could lead to a rally towards $0.67, coinciding with previous highs and market expectations.
Conversely, the bearish risk centers around a breakdown below the significant $0.47 support level. This threshold not only serves as immediate support but also aligns with the 52-week low of $0.48. A decisive move below this level may trigger algorithmic selling, pushing WLD towards the $0.394 level.
For traders considering an entry point, those with a conservative approach might wait for a clear breakout above $0.52 with volume confirmation before entering long positions. Meanwhile, aggressive buyers could accumulate WLD near $0.49, using the $0.47 support as a stop-loss.
In conclusion, our analysis supports a moderately bullish outlook for Worldcoin, with price targets of $0.55 to $0.67 over the next few weeks, contingent on maintaining critical support levels. Key indicators to monitor include the daily RSI breaking above 40, a MACD signal line crossover, and consistent trading above the 20-day SMA. The prediction timeline extends through early 2026, with initial confirmation expected in the near term.
