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<p>The post <a href="https://coinpedia.org/price-analysis/worldcoin-hints-bearish-action-wld-price-to-retest-4-this-week/">Worldcoin Hints Bearish Action! WLD Price To Retest $4 This Week?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency industry has displayed a negative trend this weekend with top altcoins recording correction in their respective portfolios. Moreover, the Artificial Intelligence (AI) category continues trading under a strong bearish influence, indicating the rising disinterest of investors in it.</p> 
<p>Furthermore, the Worldcoin price has lost 1.13% within the past day and approximately 5% over the past week, indicating an increase in the bearish price action for the WLD token in the crypto space.</p> 
<h2 class="wp-block-heading" id="h-wld-token-on-the-verge-of-testing-a-major-breakout">WLD Token On The Verge Of Testing A Major Breakout:</h2> 
<p>After trading under a bearish influence for the first month, the <a href="https://coinpedia.org/price-prediction/worldcoin-wld-price-prediction/">Worldcoin price</a> gained momentum and recorded a new all-time high of $11.820 on 10th March by surging 448.74% in valuation. However, shortly after this, the bulls lost momentum and lost 64.38% within the next 30 days.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/TtZw7izcAA1q0bBZnYGg77EhFZdgnLtjkpXvh_UBh1Q3clDTEZqJjwGuvNc6-0Hjy5zml9g3dGdGdWQ7BZ_oIPsF2cOzl7T7tokP4ogZaulZLBNDlUp6dIzVw9FXzvIzhSqgE6HJkUoAU93FbQVlQAo" alt="Worldcoin Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: WLD/USDT
 </figcaption>
</figure> 
<p>Since then, the Worldcoin token has been trading in a closed range between $4.210 and $6.025, highlighting a weak price action for the altcoin in the crypto market. Positively, <a href="https://markets.coinpedia.org/worldcoin-org/">WLD price</a> has recorded a 24-hour trading volume of $327.68 Million, a jump of 15.01% within the past day while recording a minor correction of approximately 1% in its valuation.</p> 
<h2 class="wp-block-heading" id="h-worldcoin-market-sentiments">Worldcoin Market Sentiments:</h2> 
<p>The Simple Moving Average (SMA) displays a high possibility of a bearish convergence in the 1D time frame, indicating a high possibility of a negative price action in the coming time.</p> 
<p>On the other hand, the technical indicator, MACD, shows a constant decline in the green histogram, indicating an increase in the selling pressure within the crypto space. However, the averages display a neutral trend, suggesting uncertainty in future price action.</p> 
<h2 class="wp-block-heading" id="h-will-wld-coin-price-increase">Will WLD Coin Price Increase?</h2> 
<p>If the market pushes the Worldcoin price above its resistance level of $6.025, the market bulls will regain momentum, resulting in this altcoin testing its upper resistance level of $7.650. If the industry trades under a bullish sentiment, the WLD token will prepare to test its upper level of $9.160 this month.</p> 
<p>Conversely, if the bulls fail to break out of their important resistance level, the WLD coin price will continue trading under a bearish influence and plunge toward its crucial support level of $4.210.</p>

Worldcoin Hints Bearish Action! WLD Price To Retest $4 This Week?

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