In this Worldcoin (WLD) price prediction 2024, 2025-2030, we will analyze the price patterns of WLD by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
Worldcoin (WLD) Current Market Status
What is Worldcoin (WLD)
Worldcoin (WLD) presents a bold vision in the realm of cryptocurrency, striving for global accessibility and inclusivity. The central concept revolves around universal token distribution, aiming to provide every person on Earth with a stake in the digital economy. This innovative approach, akin to a universal basic income, seeks to bridge financial divides and foster broader adoption of cryptocurrency.
While generating excitement for its potential to revolutionize economic structures, skeptics underline the challenges of executing such an expansive and privacy-sensitive endeavor. The evolution of Worldcoin is closely watched as it endeavors to redefine the dynamics of digital finance.
Worldcoin 24H Technicals
Worldcoin (WLD) Price Prediction 2024
Worldcoin (WLD) ranks 68th on CoinMarketCap in terms of its market capitalization. The overview of the Worldcoin price prediction for 2024 is explained below with a daily time frame.
In the above chart, Worldcoin (WLD) laid out a horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Worldcoin (WLD) was recorded at $2.040. If the pattern trend continues, then the price of WLD might reach the resistance levels of $2.175, and $3.072. If the trend reverses, then the price of WLD may fall to the support of $1.818 and $1.512.
Worldcoin (WLD) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Worldcoin (WLD) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Worldcoin (WLD) for 2024.
Worldcoin (WLD) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (WLD) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Worldcoin (WLD) market in 2024.
Worldcoin (WLD) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Worldcoin (WLD) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Worldcoin (WLD).
Comparison of WLD with BTC, ETH
Let us now compare the price movements of Worldcoin (WLD) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of WLD is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of WLD also increases or decreases respectively.
Worldcoin (WLD) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Worldcoin (WLD) between 2025, 2026, 2027, 2028, 2029 and 2030.
Conclusion
If Worldcoin (WLD) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Worldcoin (WLD) price prediction for 2024 is $5.041. Comparatively, if unfavorable sentiment is triggered, the bearish Worldcoin (WLD) price prediction for 2024 is $0.650.
If the market momentum and investors’ sentiment positively elevates, then Worldcoin (WLD) might hit $7. Furthermore, with future upgrades and advancements in the Worldcoin ecosystem, WLD might surpass its current all-time high (ATH) of $11.82. and mark its new ATH.
This content was originally published by our partners at The News Crypto.