bullish

Worldcoin

<p><a href="https://coinpedia.org/price-analysis/worldcoin-wld-bulls-wake-up-price-triggers-massive-run-eyes-on-a-25-upswing-after-a-15-rise/" target="_blank" rel="noreferrer noopener">Worldcoin (WLD)</a> has had an impressive run over the past week, steadily climbing back into the $2 range. Despite this recent surge, the majority of its holders remain in the red, which could reduce selling pressure as investors hold out for even higher prices.</p>   
<p>But is this optimism warranted?</p>   
<h2 class="wp-block-heading" id="h-it-s-been-a-rollercoaster-year-for-wld">It’s Been a Rollercoaster Year for WLD</h2>   
<p>Earlier this year, Worldcoin hit a <a href="https://app.intotheblock.com/" target="_blank" rel="noreferrer noopener nofollow">peak of around $12</a> before experiencing a sharp decline. By mid-April, WLD had shed 69% of its peak value, settling into the $3-$4 range. This steep correction led to significant losses for many investors. Even with the recent recovery, roughly 71% of WLD holders are still facing losses.</p>   
<p><strong><br></strong>Historical data shows that only about 23% of Worldcoin investors are currently in profit, with 6% breaking even. However, if the majority of holders choose to hold rather than sell, this sentiment could foster a bullish momentum. Limited sell pressure combined with steady demand could push prices higher.</p>   
<h3 class="wp-block-heading" id="h-wld-social-media-buzz">WLD Social Media Buzz</h3>   
<p>Alongside the price increase, Worldcoin’s social media<a href="https://app.santiment.net/" target="_blank" rel="noreferrer noopener nofollow"> presence has surged</a>, marking a new high in public attention. The token’s 7-day Moving Average Social Dominance—a measure of how frequently an asset is mentioned across social platforms—has climbed significantly, from 0.021% to 0.30%.&nbsp;</p>   
<p>The recent rise in social mentions was further fueled by a major funding announcement by OpenAI, with which Worldcoin shares a connection through OpenAI’s co-founder, Sam Altman.</p>   
<h2 class="wp-block-heading" id="h-wld-price-forecast-is-2-47-within-reach">WLD Price Forecast: Is $2.47 Within Reach?</h2>   
<p>Technical analysis for<a href="https://coinpedia.org/price-analysis/worldcoin-accumulating-will-wld-price-trigger-a-50-rise-before-the-end-of-q3-2024/" target="_blank" rel="noreferrer noopener"> Worldcoin shows promising</a> indicators, with a 27% gain from recent lows and bullish signals in its EMA lines. On October 6, WLD’s short-term moving averages crossed above its long-term ones in a formation known as the “golden cross,” a strong bullish indicator.</p>   
<p>If Worldcoin maintains its current trajectory, analysts expect it to test the $2.18 resistance level soon. Breaking past this level could allow WLD to reach as high as $2.47, a price it hasn’t seen since July 2024, representing a potential 23.5% increase from current levels.&nbsp;</p>   
<p>On the flip side, if the market turns bearish, Worldcoin has established support at $1.59, $1.51, and $1.38, providing investors with potential safety nets should the price decline.</p>   [post_titles_links postid="362265"]

Worldcoin Price Analysis: WLD Eyes $2.47 – Major Gains for Investors Ahead?

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