CandleFocus

Worldcoin (WLD) Surges 9.46% as Trading Volume Spikes 45.79%

Author: Content Editor
Worldcoin (WLD) has experienced significant gains in the last 24 hours, rising 9.46% and reaching a trading price of $1.28. The token's market cap has also increased by 9.81% to $1.33 billion, with a trading volume of $207.82 million. Worldcoin has launched Priority Blockspace for Humans on its World Chain testnet, which aims to improve blockchain efficiency and prioritize human-oriented transactions. Technical analysis suggests that WLD is showing bullish strength, with resistance at $1.30. If the price breaks above this level, it could reach $1.35-$1.40. However, if selling pressure emerges, support at $1.20 may be tested. The Relative Strength Index (RSI) is nearing the overbought zone, suggesting strong buying momentum but also the possibility of a cooldown. WLD is trading above key moving averages, signaling a bullish outlook. The Chaikin Money Flow (CMF) indicates positive inflows and rising accumulation, confirming the current rally. If the CMF continues to rise, WLD may push towards its next resistance. The launch of Priority Blockspace for Humans adds fundamental strength to the ecosystem.

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