Based

bullish

Worldcoin

Amidst the broader market recovery, the Worldcoin recovery run gains momentum. Teasing a breakout run of a rounding bottom, the WLD price action teases a skyrocketing move ahead.&nbsp;  
As the bearish influence recedes, Is the WLD price aiming for the $5 breakout? Let’s find out in this detailed analysis.&nbsp;  
<h2 class="wp-block-heading" id="h-worldcoin-price-analysis">Worldcoin Price Analysis</h2>  
With a five-day-long bullish rally, the Worldcoin Price trend showcases a rounding bottom pattern. In the weekly chart, the WLD price challenges the rounding bottom pattern's neckline at 23.60% Fibonacci level.&nbsp;  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/12/06155942/image-13-1024x509.webp" alt="Worldcoin Price Analysis" class="wp-image-390042">
</figure>  
<a href="https://www.tradingview.com/x/PQGHjah5/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>  
Currently, the WLD price is trading at $3.777, with a surge of 11.14% this week. The neckline of the Rounding Bottom pattern coincides at $33.80. If the WLD price maintains a closing price above this level, the bullish trend is expected to continue.&nbsp;  
Furthermore, the recovery run over the past five days accounts for a more than 150% surge.&nbsp;  
<h2 class="wp-block-heading" id="h-worldcoin-technicals-and-price-targets">Worldcoin Technicals and Price Targets</h2>  
With the bullish turnaround, the MACD and signal lines have aligned positively. Furthermore, the bullish histograms are gradually increasing in height. Hence, the trend indicator showcases a surge in bullish momentum.&nbsp;&nbsp;  
Based on the Fibonacci levels, the bullish trend showcases the next price target for the breakout rally at the 50% Fibonacci level at $6.62. In case of a bearish fall, the crucial support levels are present at $3.60 and $3.25.  
Will the Worldcoin price surpass $5? Find out now in Coinpedia’s <a href="https://coinpedia.org/price-prediction/floki-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">WLD price prediction</a>.  
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>  
Can WLD reach the $5 target? Yes, if Worldcoin breaks the neckline at $3.80 and sustains bullish momentum, the $5 target is likely, with $6.62 as the next Fibonacci target.  
What is Worldcoin’s key support level? Critical support levels for WLD are at $3.60 and $3.25, which could cushion any bearish retracements.  
What is Worldcoin’s current price? Worldcoin is trading at $3.777, marking an 11.14% weekly gain and a 150% surge over the past five days.

WLD Price Teases Rounding Bottom Breakout: Next Target $6.62?

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