CandleFocus

Worldcoin Breakout Targets $3.50: Will It Surpass the 200-Day EMA?

Worldcoin (WLD) has seen positive growth, with a 62% rise in the last 30 days and a 25.46% increase in the past week. The WLD token is currently trading at $2.33, with a market cap of $1.25 billion. The coin has experienced a falling wedge breakout rally, indicating a bullish reversal. Despite a recent bearish doji candle and pullback, there are indications of a post-retest reversal and a bullish bounceback. Technical indicators support the possibility of an uptrend, with near-term resistances at $2.70 and $2.95. The coin could potentially reach the $3.50 price target in the October rally.

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