CandleFocus

Worldcoin (WLD) Price Rises as Holders Await Further Growth

Author: Content Editor
The price of Worldcoin (WLD) has recently risen to the $2 zone, but the majority of its holders are still facing losses. Despite this, many holders are expected to hold onto their tokens in anticipation of further price increases, which could create a favorable environment for continued gains. Only 23% of holders are currently in profit, while 6% are at break-even. The increase in social dominance and attention on social media could act as a catalyst for the price to continue rising. Technical analysis shows bullish indicators, with short-term moving averages positioned above long-term ones. If the upward trend continues, WLD could test the $2.18 resistance level and potentially reach $2.47. However, there is support established at $1.59, $1.51, and $1.38, indicating the possibility of a price drop.

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