bullish

Worldcoin

<p><a href="https://captainaltcoin.com/why-is-worldcoin-wld-price-up/" target="_blank" rel="noopener noreferrer nofollow">Worldcoin (WLD)</a> has gained attention in the crypto community as recent chart patterns suggest a bullish reversal could be underway. Crypto Mechanic, a prominent analyst, shared on X (formerly Twitter) that WLD’s current structure shows potential for a price surge to $4.&nbsp;</p>
<p>He expressed confidence in WLD’s upward trajectory, supported by key levels that signal a favorable structure for growth. This optimistic outlook has sparked interest among investors, many of whom are watching for potential buying opportunities on any pullbacks.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/top-analyst-reveals-why-to-avoid-these-8-altcoins-xrp-worldcoin-wld-and-more/" target="_blank" rel="noopener noreferrer nofollow">Top Analyst Reveals Why to Avoid These 8 Altcoins: XRP, Worldcoin (WLD) and More</a></em></strong></p>
<h2 class="wp-block-heading" id="worldcoin-technical-analysis-strong-support-levels-indicate-potential-for-growth">Worldcoin Technical Analysis: Strong Support Levels Indicate Potential for Growth</h2>
<p>WLD’s price chart reflects a prolonged downtrend that bottomed below $1.5, forming a rounding bottom pattern since mid-September. This technical formation is often a positive sign, indicating a shift in momentum from bearish to bullish.&nbsp;</p>
<p>The analyst identifies two crucial support levels at $2.071 and $2.203, suggesting these levels could act as a buffer for the asset in the event of a price dip. With these supports in place, WLD appears well-positioned to sustain upward movement, and the trend line following the pattern supports gradual price increases.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="614" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-1024x614.png" alt="" class="wp-image-581689" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-1024x614.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-300x180.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-767x460.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-1536x922.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-2048x1229.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-250x150.png 250w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-100x60.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-583x350.png 583w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404-788x472.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-404.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptomechanicX/status/1856221945555235307" target="_blank" rel="noopener noreferrer nofollow">X/CryptoMechanic</a></em></strong>
 </figcaption>
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<p>Moreover, for WLD to continue its bullish trend, it will need to break through resistance levels, with $3.675 identified as the first significant target. This level represents a possible selling point where traders may take profits, potentially causing some resistance.&nbsp;</p>
<p>Should the price manage to surpass this mark, the next resistance stands at $4.205. A successful move beyond these levels could signal even stronger buying interest, reinforcing the chart’s bullish outlook.</p>
<h2 class="wp-block-heading" id="analyst-s-perspective-on-adding-positions">Analyst’s Perspective on Adding Positions</h2>
<p>Crypto Mechanic expressed confidence in WLD’s structure and mentioned already holding a position. The analyst also indicated plans to add more WLD if the price dips, demonstrating a long-term bullish outlook.&nbsp;</p>
<p>This strategy aligns with the rounding bottom pattern, which typically supports accumulation before a potential breakout. The tweet highlights a positive sentiment toward <a href="https://coinmarketcap.com/currencies/worldcoin-org/" target="_blank" rel="noopener noreferrer nofollow">WLD’s price</a> prospects, with the analyst expecting continued upward movement.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/this-dogecoin-indicator-could-signal-a-7000-rally-in-doge-price/" target="_blank" rel="noopener noreferrer nofollow">This Dogecoin Indicator Could Signal a 7000% Rally in DOGE Price</a></em></strong></p>
<h2 class="wp-block-heading" id="bullish-structure-and-market-sentiment">Bullish Structure and Market Sentiment</h2>
<p>The rounding bottom pattern in WLD’s chart signals a potential trend reversal, aligning with broader market optimism surrounding the asset. The support and resistance levels identified on the chart provide key zones for traders to watch as WLD continues to attract interest.&nbsp;</p>
<p>With Crypto Mechanic’s analysis reinforcing the bullish structure, many investors are monitoring WLD’s price action to capitalize on potential gains. If WLD maintains its current momentum, a rise to $4 could be on the horizon, making it an asset to watch.</p>
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<p>The post <a href="https://captainaltcoin.com/worldcoin-wld-price-could-hit-4-soon-analyst-says-its-a-good-looking-chart/" rel="noopener noreferrer nofollow">Worldcoin (WLD) Price Could Hit $4 Soon – Analyst Says It’s a ‘Good Looking Chart!’</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Worldcoin (WLD) Price Could Hit $4 Soon – Analyst Says It’s a ‘Good Looking Chart!’

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