bullish

World

Wednesday

Bitcoin

Worldcoin

<ul class="wp-block-list">
 <li>Worldcoin price has shown significant increase over the last 24 hours as per CMC data.&nbsp;</li>
 <li>The token’s RSI standing at 73.14 indicates an overbought market situation influenced by the price rally.</li>
</ul>
The crypto market pendulum swung to the bearish end in the last 24 hours, as Bitcoin dunked yet again to $63K. Subsequently, other altcoins followed with modest dips and resisted further declines. However, one particular altcoin’s price took the less-traveled path and rallied, making it the top gainer in the market.&nbsp;
Notably, Worldcoin has taken a bullish turn this past week, after the last 30 days of significant price declines. On inferring its daily price chart, Worldcoin recorded a 15.13% price increase over the past day. In the Asian morning hours of September 25, WLD witnessed a brief bearish wave as prices receded to the $1.8 level.&nbsp;
However, the altcoin managed to revert to its bullish price rally in the latter half of the day. At the time of writing, Worldcoin was trading at $2.109 per CMC <a href="https://coinmarketcap.com/currencies/worldcoin-org/" target="_blank" rel="noopener noreferrer nofollow">data</a>. Additionally, the altcoin is also the top gainer in the market followed by Starknet which recorded a 12.40% price increase.&nbsp;
Zooming out, over the past week, Worldcoin recorded a 31.26% instigated by the recent price rally. At the beginning of the week, the token traded at a low of $1.565 after which prices <a href="https://thenewscrypto.com/can-worldcoin-wld-break-resistance-after-recent-market-rally/" target="_blank" rel="noopener noreferrer nofollow">began</a> climbing steadily. Additionally, in the last 24 hours, WLD hit a 57-day high of $2.180 as per TradingView data.&nbsp;
<h3 class="wp-block-heading" id="h-worldcoin-price-monthly-overview-nbsp">Worldcoin Price Monthly Overview&nbsp;</h3>
In the last 30 days, Worldcoin has recorded a 22.35% price increase, which resulted mostly from the past week’s bullish performance. Previously, excluding the past week, Worldcoin’s price experienced a price slump at an average $1.5 level. This resulted from the August market crash from which the altcoin has now shown significant appreciation.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXewD4IYgw5THKnCbkSbIavtMpw1hMekIOG6Z7teoGRDEJuUu4hKLppl1-3ZV3M5PQL0B_CY5rLk1_g0jpPJOYgVCZKK7SfM_PGe2oiaJ1yyYfjNo86bDMbgYn915jMTcgxCmJJPYxhhvCB2irue1wToj6QP?key=oJTEZg961YlIlXVJyduV8Q" alt="">
 <figcaption class="wp-element-caption">WLD/USDT Daily Price Chart (Source: <a href="https://www.tradingview.com/symbols/WLDUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
On inferring Worldcoin’s price charts and technical indicators, the altcoin exhibits bullish trends. The token’s short-term 9-day MA standing above the long-term 21-day MA indicates a bullish trend. It is further highlighted by Worldcoin’s bull power indicator standing at 1.625 while its bear-power indicator stands at 0.385.&nbsp;
Meanwhile, Worldcoin <a href="https://worldcoin.org/blog/announcements/new-world-id-launches-guatemala-malaysia-poland-pivotal-moment-ai" target="_blank" rel="noopener noreferrer nofollow">announced</a> on Wednesday that its World IDs were launched in three different countries – Guatemala, Malaysia, and Poland. Additionally, it recently test-launched <a href="https://thenewscrypto.com/worldcoin-testing-facial-recognition-for-enhanced-security-in-world-app/" target="_blank" rel="noopener noreferrer nofollow">facial recognition</a> in the World App.&nbsp;
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Worldcoin Price Rallies 15% as its Bearish Month Draws to an End

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