Decentraland

bullish

Worldcoin

<p>A detailed chart analysis from Ali Charts reveals that Worldcoin ($WLD) has formed a bullish Head and Shoulders bottom pattern, breaking out above the $2.20-$2.30 resistance zone.</p>
<p>This technical formation, combined with strong <a href="https://collectiveshift.io/tutorial/how-to-read-on-chain-metrics/" target="_blank" rel="noopener noreferrer nofollow">on-chain metrics</a>, suggests a potential surge toward the $4 mark. <a href="https://x.com/ali_charts/status/1860505460358406292?t=Zm7I-hhXEjyS-qBsWZLMaA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">The pattern’s</a> structure shows solid support at $1.28, with multiple successful tests of higher lows forming the shoulders.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="635" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-1024x635.png" alt="" class="wp-image-587495" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-1024x635.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-300x186.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-767x476.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-1536x953.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-2048x1270.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-242x150.png 242w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-564x350.png 564w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870-788x488.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-870.png 977w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>The recent breakthrough of the neckline near $2.30 validates the bullish reversal signal, projecting a technical target around $4, representing a 50% move from current levels.</p>
<p><a href="https://x.com/ali_charts/status/1860838250409062551?t=ef1zv6wZ-iHdGJKxVkZ1qA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Crypto analyst Ali </a>in another post noted a minimal overhead supply resistance, indicating room for upward movement. The price action demonstrates increasing buy pressure, supported by rising trading volumes at crucial breakout points.</p>
<p><em><strong>Read Also: <a href="https://captainaltcoin.com/why-are-decentraland-mana-and-sandbox-sand-prices-pumping-tokens-could-dip-over-60-again/" target="_blank" rel="noopener noreferrer nofollow">Why Are Decentraland (MANA) and Sandbox (SAND) Prices Pumping? Tokens Could Dip Over 60% Again</a></strong></em></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="344" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-1024x344.png" alt="" class="wp-image-587487" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-1024x344.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-300x101.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-766x257.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-1536x515.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-2048x687.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-447x150.png 447w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-100x34.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-1043x350.png 1043w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869-788x264.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-869.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>For traders monitoring this setup, the former resistance at $2.20-$2.30 now serves as key support. While $4 presents the immediate target, historical price action suggests potential resistance could emerge in the $5-$7 range.</p>
<p>The bullish thesis remains valid as long as price maintains above the $2.10 support level.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/worldcoin-wld-price-action-and-on-chain-data-signal-significant-upside-potential-heres-the-next-key-target/" rel="noopener noreferrer nofollow">Worldcoin (WLD) Price Action and On-Chain Data Signal Significant Upside Potential: Here’s the Next Key Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Worldcoin (WLD) Price Action and On-Chain Data Signal Significant Upside Potential: Here’s the Next Key Target

Table of Contents

CaptainAltcoin

Other articles published on Nov 25, 2024

Solana Memecoin Bullish Pepe to Skyrocket 18,000% Before Exchange Listing, As Bonk and SHIB Drop

Weekly Article Recap: 11/04-11/08

WhiteBIT Exchange Celebrates 6 Years of Innovation and Partnerships in the Crypto Industry

The Battle for $100K Depends on These Bitcoin Addresses: ITB

Major Bitcoin Investors Execute Billions in Purchases

Hong Kong’s ZA Bank becomes the first bank in Asia to offer crypto trading services

Join our free newsletter for daily crypto updates!