The price of Worldcoin (WLD) has increased by over 20% this week, and it is attempting to push above the $2 mark. It has been range-bound for the past two months and has struggled to close convincingly above $2. The WLD token has bottomed out and is poised for recovery, with a daily close above $2.20 potentially allowing for further gains. Crypto analysts believe that crossing the $1.85 mark could fuel additional gains, and the token may retest the $3 resistance level. However, the MACD indicator suggests a negative outlook, while the RSI line and Chaikin Money Flow show neutral cues and significant liquidity entering the market. Data from IntoTheBlock indicates that some holders are making money at current price levels, but many are looking to secure their gains. Open interest has seen a significant increase, suggesting prolonged buildup activity. If the price is rejected at $2, it could drop to $1.50, but if demand increases, it may rise above $2 and potentially reach $2.40.



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