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Worldcoin Price Attempts Early Recovery as Price Reclaims Key Trendline

Brave New Coin
Worldcoin is showing early recovery signs by reclaiming a descending resistance trendline, consolidating near $0.75–$0.78.

Summary

Worldcoin (WLD) is exhibiting signs of an early recovery, currently interacting with a long-standing descending resistance trendline after stabilizing in a consolidation range between $0.75 and $0.78. Analyst LSTRADER suggests that a clean breakout above this trendline, followed by a retest, could confirm a structural shift, potentially leading to the $0.86–$0.90 range, provided the price holds above $0.80. Concurrently, market data shows WLD trading around $0.73, with stable volume and liquidity. Another analyst, Dr. Ritika Singhal, notes a 12% recovery, with price testing moving averages (MA12 and MA21); a break above $0.80–$0.84 could attract further upside momentum toward $1.50–$2.00 if the price sustains support above $0.70.

(Source:Brave New Coin)