Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Worldcoin is up 31% in 6 days, flipping $2.5 to support. What’s next for $4.50?
ALTCOIN NEWS

Worldcoin is up 31% in 6 days, flipping $2.5 to support. What’s next for $4.50?

By Crypto FlexsDecember 7, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Worldcoin is up 31% in 6 days, flipping .5 to support. What’s next for .50?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Worldcoin had strong near-term bullish expectations.
  • After a bearish divergence, the price may fall towards $3.3.

Worldcoin (WLD) flipped the $2.5 resistance area to support and target the next $4.5 level. There was a bearish differential in WLD, but both daily and weekly market structures were bullish.

This could see prices fall over the next few days. The $3.26 level has also reversed for support and a deeper retracement appears unlikely due to strong capital inflows.

Moving average crossover captures Worldcoin bullishness.

Source: WLD/USDT on TradingView

On the daily chart, WLD saw a sharp decline from March to September, followed by a month of consolidation. Since its September lows, WLD has soared 198% as of press time. Much of this rise has occurred over the past 10 days following a breakout of the $2.5 resistance zone.

The $2.5-$2.9 zone has since been retested as a demand zone. Buyers successfully defended this, pushing Worldcoin above the $3.26 resistance level, a lower high than in July.

The weekly market structure turned bullish after breaking $3.26. The daily structure has been strengthening since the second week of November, after a decline in late October brought the price down to $1.589.

The 20-day moving average and the 50-day moving average have formed a bullish crossover, which is likely to act as support during a retest. The Money Flow Index (MFI) is at 81, forming a bearish divergence that could result in lower highs compared to December 1st.

The bulls’ next target is the $4.5 area, which was the main support zone from April to June. Therefore, it may take some time for a rally above this level to materialize, and a consolidation below the resistance line is expected.

Short-term sentiment remains firmly bullish.

World Coin Liquidation Map

Source: Coinglass

The bearish divergence warned of a decline, but the clearing map showed a possible push northward. A large amount of short-term liquidations were accumulated at around $4 and $4.15.


Realistic or not, the market cap of WLD in BTC terms is:


High cumulative leverage around $4.13 meant WLD was likely to move higher to sweep this area before a pullback. At press time, it’s unclear whether buyers have the power to push the price above $4.

Traders should watch out for a break above $4 as the market could become overextended.

Disclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author.

Next: Can Aptos Get to $20 Before the End of 2024? Traders should pay attention to these levels.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Japanese game publisher Gumi announced plans to purchase $ 6 million worth of Bitcoin to the Treasury.

February 11, 2025

Nvidia makes slower GPUs for China due to new US trade restrictions

December 30, 2023

Mara increased the production of BTC (Bitcoin) due to network problems.

March 12, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.