Worldcoin Price Jumps 50% as OpenAI Buzz Builds — Is Another 25% Move Possible?
Worldcoin's price surged nearly 50% due to OpenAI news and bullish divergence, but a key resistance level could determine if another 25% rise is possible.Summary
Worldcoin's (WLD) price has rebounded significantly, increasing by nearly 50% since January 25th, fueled by reports linking OpenAI to a new social platform utilizing Worldcoin's iris-scanning technology. However, the rally began with a bullish divergence signaled by the Relative Strength Index (RSI) before the OpenAI news emerged. The price briefly challenged a key resistance level at the 100-day EMA, but faced selling pressure and exchange inflows. Larger whales accumulated WLD earlier, while smaller investors reacted to the recent news. To sustain the momentum and potentially achieve another 25% increase, Worldcoin needs to decisively reclaim the $0.66 level, aligning with the 100-day EMA. Failure to do so could lead to a decline towards $0.43.
(Source：BeInCrypto)