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Worldcoin price nears crucial support as falling wedge pattern emerges

Worldcoin price nears crucial support as falling wedge pattern emerges
The price of Worldcoin (WLD) has fallen significantly over the past month and year. However, analysts see potential for the cryptocurrency to rebound in the $0.9 to $1 range, which could lead to a bullish breakout. If this occurs, the price could reach targets of $1.281, $2.287, and $3.923. A possible catalyst for a breakout could be the listing of Worldcoin on Kraken, a major crypto exchange. The listing could increase visibility and accessibility for the token, potentially driving prices higher. However, Worldcoin may face competition from privacy-focused alternatives like Billions.Network, which recently launched a privacy-focused digital identity platform. This suggests a complex rivalry in the identity verification space.

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