World

Worldcoin

Momentum

World ID

<p>The ongoing recovery in the <a href="https://coinpedia.org/news/crypto-price-today-14th-oct-2024-bitcoin-eyes-65k-brett-leads-daily-gainers/" target="_blank" rel="noreferrer noopener">crypto market</a>, fueled by the Uptober narrative, has led to a remarkable surge in Worldcoin (WLD) of over 12%. As of Monday, October 14, during the early mid-London session, WLD is trading around $2.29, breaking through a key resistance level of approximately $2.14. This mid-cap altcoin boasts a daily average trading volume exceeding $691 million.</p>   
<p>But what's driving this sudden surge in WLD? And is this just the beginning of a much larger rally?</p>   
<p>Read on to discover the forces behind this bullish sentiment and explore the technical analysis that suggests WLD is poised for even greater heights.</p>   
<h2 class="wp-block-heading" id="h-forces-behind-the-bullish-sentiment">Forces Behind the Bullish Sentiment</h2>   
<p>Founded in 2021 by a group of entrepreneurs led by OpenAI CEO Sam Altman, Worldcoin has quickly become a major Web3 platform with millions of users. Currently, the World ID program has surpassed an impressive 6.9 million users from more than 160 countries.</p>   
<p>As a result, over 220 million WLD coins have been claimed by users who have successfully verified their identities.</p>   
<p>Recently, Worldcoin has intensified its global expansion efforts, particularly in Europe, with notable growth in countries like Austria and Poland.</p>   
<p>With the ongoing rollout of more ORB devices to streamline the human verification process, speculation around WLD is heating up.</p>   
<h2 class="wp-block-heading" id="h-worldcoin-wld-price-targets">Worldcoin (WLD) Price Targets</h2>   
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<p>From a technical standpoint, the WLD price appears set for further gains in the coming weeks. The altcoin is forming an inverted head and shoulders (H&amp;S) pattern on the daily timeframe, coupled with bullish divergence on the <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index</a> (RSI).</p>   
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<p>Following today’s breakout above the resistance level of around $2.17, the <a href="https://coinpedia.org/price-prediction/worldcoin-wld-price-prediction/" target="_blank" rel="noreferrer noopener">WLD price</a> has confirmed both a higher low and a higher high—signs of an emerging bullish market trend.</p>   
<p>In the short term, WLD is targeting a price range between $2.90 and $3.20, indicating a potential rally of at least 30%. This target aligns with the 1.618 daily Fibonacci Extension, adding to the optimism surrounding WLD's future.</p>   [post_titles_links postid="365590"]   
<p><strong>Are you bullish on Worldcoin’s future? Join the conversation.</strong></p>

Worldcoin Price Prediction: Technical Analysis Hints at 30% Rally Ahead!

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