bullish

Worldcoin

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<p>Worldcoin (WLD) has gained significant attention recently as its price has been up 23.75% over the past week. Its trading volume also saw a 43.39% increase over the past day, which indicates heightened market attention or speculation. At publication,<a href="https://captainaltcoin.com/worldcoin-wld-rising-metrics-signal-bullish-potential-analysts-draw-path-to-2x-and-10x-price-increase/" target="_blank" rel="noopener noreferrer nofollow"> WLD’s price </a>is trading at $2.35.</p>
<p>Multiple sources suggest a bullish trend for the token, including prominent analysts and community members who are highlighting key fundamental developments and technical patterns.&nbsp;</p>
<p>Crypto analysts ElonTrades and Unstoppable Bulls on X (formerly Twitter) have provided insights into the factors behind this price action.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-btc-price-pumping-expert-analyst-reveals-whats-next-for-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Why Is BTC Price Pumping? Expert Analyst Reveals What’s Next for Bitcoin</a></em></strong></p>
<h2 class="wp-block-heading" id="worldcoin-s-adoption-and-future-prospects">Worldcoin’s Adoption and Future Prospects</h2>
<p>ElonTrades, a well-known figure in the crypto community, updated his followers about an upcoming catalyst for Worldcoin. The analyst mentioned that Worldcoin is preparing to onboard 700 million users, a potential game-changer for the token.&nbsp;</p>
<p>This development is seen as a large-scale adoption event that could drive the token’s value higher. Furthermore, Sam Altman, co-founder of Worldcoin and OpenAI, is set to speak in San Francisco on October 17th to provide updates on the project.&nbsp;</p>
<p>This event is expected to be a bullish catalyst for <a href="https://coinmarketcap.com/currencies/worldcoin-org/" target="_blank" rel="noopener noreferrer nofollow">WLD’s price</a>, with ElonTrades forecasting a potential 5-10x increase in the token’s value, citing the current price as an early entry point.</p>
<p>These fundamental factors are essential for traders and investors looking at the long-term prospects of WLD. ElonTrade suggests that the project is undervalued, pointing to the growth potential based on these upcoming developments.</p>
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<h2 class="wp-block-heading" id="worldcoin-wld-chart-analysis-consolidation-and-potential-breakout">Worldcoin (WLD) Chart Analysis: Consolidation and Potential Breakout</h2>
<p>WLD has been in a consolidation phase following a significant decline from its peak of $11.9172 in early 2024. The coin has been stuck in a range between $1.3 and $2.5 for months after hitting a bottom at $1.28.&nbsp;</p>
<p>This consolidation is often viewed as a prelude to a larger breakout, especially as the WLD price remains steady around $2.1. Traders are watching for a potential move beyond $3.0, which is the next significant resistance level.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="432" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-1024x432.png" alt="" class="wp-image-567432" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-1024x432.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-300x127.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-768x324.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-1536x648.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-2048x864.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-355x150.png 355w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-100x42.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-829x350.png 829w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594-788x332.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-594.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/ElonTrades/status/1845619285122802008" target="_blank" rel="noopener noreferrer nofollow">X/ElonTrades</a></em></strong>
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<p>Chart analysis reveals that WLD’s price is nearing a breakout, supported by ascending trendlines and dynamic support from moving averages. The Fibonacci retracement levels show targets around $3.50 and $5.50, should the breakout materialize.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/notcoin-not-price-set-for-explosive-breakout-will-it-hit-new-all-time-highs-soon/" target="_blank" rel="noopener noreferrer nofollow">Notcoin (NOT) Price Set for Explosive Breakout – Will It Hit New All-Time Highs Soon?</a></em></strong></p>
<h2 class="wp-block-heading" id="room-for-growth-unstoppable-bulls-perspective">Room for Growth: Unstoppable Bulls’ Perspective</h2>
<p>Unstoppable Bulls highlights in a different tweet that WLD’s price has already risen by 60% from its September entry point and still has a lot of space to rise.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24Wld&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$Wld</a> is doing well from my post on SEP 13th still lots of room left and moving on the next break out level<a href="https://twitter.com/hashtag/btc?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#btc</a> <a href="https://t.co/ESpAnb22Vn" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ESpAnb22Vn</a> <a href="https://t.co/ISIt2k6pXH" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ISIt2k6pXH</a></p>— Unstoppable Bulls (@UnstoppableBul1) <a href="https://twitter.com/UnstoppableBul1/status/1846134107769614693?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 15, 2024</a>
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<p>The expert said that WLD’s price is still in the early stages of a bullish trend and that it is entering its next breakthrough zone. Since September 13th, the price of WLD has increased steadily, and technical indicators point to further rises soon.</p>
<p>Unstoppable Bulls also highlights key resistance levels around $3.50, where the next test for the token lies. If the WLD price breaks through this level, a surge to $5.50 is possible, supported by the token’s underlying strength and upcoming updates from Worldcoin.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-worldcoin-wld-price-up/" rel="noopener noreferrer nofollow">Why is Worldcoin (WLD) Price Up?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is Worldcoin (WLD) Price Up?

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