Spike

Worldcoin

<p>Worldcoin’s chart is looking increasingly bullish following the price reaching a local bottom at around $2.25 two days ago. Since then, it has continued to increase steadily, and the price is currently trading around $2.50</p>
<p>Han Ji Ahn shared insights on the price chart for the cryptocurrency WLD on X, highlighting a <a href="https://www.babypips.com/forexpedia/cup-and-handle" target="_blank" rel="noopener noreferrer nofollow">Cup and Handle pattern</a>. This technical formation is recognized for its bullish implications and potential breakout scenarios.</p>
<p>The chart clearly illustrates the Cup and Handle formation, characterized by two primary components. The “cup” manifests as a rounded, U-shaped bottom, indicating a phase of decline followed by consolidation and recovery—an essential sign of accumulation.</p>
<p>Following this, the “handle” emerges as a smaller consolidation phase, where the price retraces slightly before making its move upward.</p>
<h2 class="wp-block-heading" id="breakout-point-and-possible-wld-price-targets">Breakout Point and Possible WLD Price Targets</h2>
<p>The breakout point is notably marked at the neckline of the cup, situated between $2.60 and $2.65. Surpassing this resistance level is seen as a critical indicator signaling the onset of a bullish trend.</p>
<p><a href="https://x.com/hanjiahnn/status/1862021756355289247?s=46" target="_blank" rel="noopener noreferrer nofollow">The analyst points</a> to two primary targets based on the projected height of the cup. The first target is set at approximately $11.97, representing a considerable upward movement.</p>
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<p>The second target extends to $20.04 and beyond, with a long-term projection reaching as high as $40.24. This suggests the possibility of exponential growth, with potential gains of up to 1,391% in an exceptionally bullish scenario.</p>
<p>Volume trends further support this bullish outlook, as a gradual increase in volume leading up to the breakout point indicates rising buyer interest and momentum.</p>
<p>The analyst notes strong support around the $1.70 level, while resistance levels include $2.60 at the handle breakout, $4.78 at a previous price high, and the aforementioned $11.97 target derived from the pattern analysis. 5762169245</p>
<p>Additionally, multiple moving averages reinforcing the upward trend may provide dynamic support during any pullbacks.</p>
<p><em><strong>Read Also: <a href="https://captainaltcoin.com/crypto-veteran-reveals-real-bitcoin-btc-price-prediction-for-2025/" target="_blank" rel="noopener noreferrer nofollow">Crypto Veteran Reveals Real Bitcoin (BTC) Price Prediction for 2025</a></strong></em></p>
<h2 class="wp-block-heading" id="risk-management-insights-entry-points-and-stop-loss">Risk Management Insights: Entry Points and Stop Loss</h2>
<p>For traders, the analyst offers several insights on entry points and<a href="https://coindcx.com/blog/cryptocurrency/crypto-trading-risk-management-for-beginners/" target="_blank" rel="noopener noreferrer nofollow"> risk management.</a> The ideal entry point would be a confirmed breakout above $2.60, accompanied by strong volume.</p>
<p>Conservative traders might opt to wait for a pullback to $2.60 post-breakout to further validate the trend. A suggested stop loss is to be placed slightly below the handle’s support level, around $2.20 or lower, to mitigate risks.</p>
<p>Take-profit levels are also outlined: the first target is set at $4.78, serving as an intermediate resistance, while the second target aims for $11.97, marking a mid-term objective. Long-term holders could set their sights on $20 or more, <a href="https://captainaltcoin.com/worldcoin-wld-price-action-and-on-chain-data-signal-significant-upside-potential-heres-the-next-key-target/" target="_blank" rel="noopener noreferrer nofollow">should bullish momentum persist.</a></p>
<p>If the price struggles to sustain above $2.60, it may re-enter the cup, resulting in prolonged consolidation. Moreover, broader market conditions, particularly trends in major cryptocurrencies like Bitcoin or Ethereum, could significantly impact the movement of altcoins such as WLD.</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>
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<p>The post <a href="https://captainaltcoin.com/this-worldcoin-price-chart-reveals-1000-spike-incoming-for-wld-states-entry-and-invalidation-points/" rel="noopener noreferrer nofollow">This Worldcoin Price Chart Reveals 1,000% Spike Incoming for WLD: States Entry and Invalidation Points</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Worldcoin Price Chart Reveals 1,000% Spike Incoming for WLD: States Entry and Invalidation Points

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