Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Worldcoin issues buy signal, moves to offset losses
ALTCOIN NEWS

Worldcoin issues buy signal, moves to offset losses

By Crypto FlexsJune 30, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Worldcoin issues buy signal, moves to offset losses
Share
Facebook Twitter LinkedIn Pinterest Email
  • WLD’s 3-day WLD chart shows that sellers are exhausted and prices are ready for a surge.
  • Past analysis of other indicators points to a rally of $3 or more.

WorldCoin (WLD), the native token of the open-source digital identity platform, has shown signs that it is ready to trade at higher prices, crypto analyst Ali Martinez noted in a post on X (formerly Twitter).

According to Martinez, the Tom DeMarc (TD) Sequential flashed a buy signal on WLD’s 3-day chart. TD Sequential is a technical analysis tool that identifies precise periods of trend exhaustion.

This is done by looking at the two-stage setup. One represents nine candlestick stages where you can spot a sell signal after the price has risen. The other is established using a 13 candlestick countdown.

In this case, the buy signal is found after the seller gets tired, which was the case with Worldcoin.

Worldcoin Potential Price Increase

Source: X

At the time of writing, the price of WLD was $2.52, which is up 49.08% over the last 30 days.

Therefore, the signals shown in the technical settings mean that the token may be on the verge of saying goodbye to some of these losses. If this happens, the price of Worldcoin may reach $30.5 as its first target.

Another indicator that can help validate the price increase is the correlation between the cryptocurrency and Avalanche (AVAX). Recently, AMBCrypto explained why the price of AVAX may continue to rise.

In this case, WLD can do the same thing. The evidence reflected in the correlation matrix was 0.96. This correlation matrix ranges from -1 to +1.

-1 or close to it means that the two cryptocurrencies are not moving in the same direction.

However, when the matrix is ​​close to a +1 reading, it indicates a strong directional move. Therefore, a price increase in AVAX and WLD is something that can happen in the short term.

Additionally, we assessed WorldCoin’s social dominance. According to Santiment, WorldCoin’s social dominance jumped to 0.198%.

Social dominance refers to the proportion of discussions in the media that mention a particular asset or phrase. An increase indicates improved discussion about the project.

But the decline in the index means that conversations about the asset are declining. Historically, increased social dominance helps create a buzz that leads to higher demand.

Worldcoin price increase on radarWorldcoin price increase on radar

Source: Santiment

Previously, this caused the price of WLD to rise. This may be the case again. Therefore, it may be reasonable to expect a price increase of $3 or more. However, market participants should be careful.


Is your portfolio green? Check out the Worldcoin Profit Calculator


If the discussion about World Coin becomes heated, its social dominance may increase to an extreme degree. This may indicate a local high in the price and hints at a possible correction.

However, if this does not happen, WLD could experience a notable uptick in the coming weeks.

Next: WIF remains weak, but this group has something to gain.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

2025 Best Free Cloud Mining

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Bitcoin’s $ 100k drop in caught many merchants for many merchants.

June 6, 2025

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 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

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025
Most Popular

HBAR ETF on the horizon? Canary Capital Creates Landmark ETF

November 14, 2024

RSI hints at a classic BTC price breakout: 5 things to know about Bitcoin this week

September 23, 2024

ADA vs CKIT: Will Cosmic Kittens (CKIT) Replace Cardano (ADA) in the Top 20 Cryptocurrencies?

June 30, 2024
  • 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.