Key Takeaways
- Worldcoin’s Current Status: Worldcoin (WLD) trades at with a market cap of $1.02 billion. With a circulating supply of 473 million WLD, the token has shown a steady recovery after a turbulent year, with market sentiment holding a neutral stance as indicated by the Fear-Greed Index at 50.
- Market Performance: Worldcoin has witnessed impressive short-term growth, with a 17.2% price surge in just 24 hours and a 35.6% increase over the past week. This rise is driven by strong trading volumes of $468 million, reflecting renewed interest and optimism among traders despite the volatility seen earlier in 2024.
- Technical Analysis: On the technical front, Worldcoin remains in a precarious position, trading below both the 50-day EMA ($1.71) and the 200-day EMA ($2.87). The RSI at 73.58 indicates an overbought market, and the MACD level, just crossing the signal line at 0.04, suggests bullish momentum is building. Key support rests around $1.66, with resistance levels between $2.15 and $2.45.
- WLD Price Predictions: In the short term, WLD could test resistance at $2.7 before September ends. A breakout above the 200-day EMA could trigger a “golden crossover,” pushing prices higher to challenge the psychological barrier at $4, with further resistance at $6.2 and $8.
- Future Outlook: Looking forward, Worldcoin could benefit from broader market enthusiasm heading into October and beyond. If key technical hurdles are overcome, the token may see a sustained bullish rally, positioning WLD to rise significantly. However, any failure to breach these critical resistance levels may cause a reversal back toward the support range at $1.66.
Where will Worldcoin Price Head Next?
- Worldcoin price has followed a bearish trend throughout most of 2024, forming a consistent chart pattern of lower highs and lower lows. However, a recent attempt to create a higher high around $2.8 could shift this trajectory if a breakout occurs.
- Following this, Worldcoin price would need to rise above both the 50-day and 200-day Exponential Moving Average (EMAs) and maintain its position to trigger a golden crossover, while also surpassing the psychological resistance at $4.
- If successful, the next resistance levels to watch are $6.2, with a potential rise toward $8.
- On the downside, support is expected to be found in the range between the base Fibonacci pivot at $1.66 to $2.
| Indicator | Value |
|---|---|
|
Support levels (Fibonacci, S1/S2/S3)
|
$1.35 / $1.16 / $0.86 |
|
Resistance levels (Fibonacci, R1/R2/R3) |
$1.96 / $2.15 / $2.45
|
|
50-day EMA |
$1.71
|
|
200-day EMA |
$2.87
|
|
RSI level |
73.58
|
|
MACD level (Signal Line) |
0.04 |
Worldcoin Price Prediction September 2024
In September 2024, Worldcoin (WLD) is expected to fluctuate between $2.5 and $2.7, with a mixed start to the month due to early bearish sentiment. This initial dip could test lower support levels, driven by market consolidation and potential profit-taking. However, as the end of the month approaches, a shift in market momentum may emerge as the “Uptober” narrative gains traction, fueling a more optimistic outlook. Technically, if WLD holds its support near $2.5, it could retest resistance levels around $2.7 by month-end. Indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) will be key in signaling whether WLD is poised for a recovery towards the upper price range, setting the stage for potential bullishness in October.
October 2024 could mark a pivotal breakout period for Worldcoin price, with prices ranging between $3.5 and $4.2. The excitement surrounding the broader crypto market, coupled with Worldcoin’s strong fundamentals, could push the price beyond the critical psychological resistance at $3.5. Should this barrier be surpassed, WLD may experience heightened bullish momentum, further driving prices towards the $4.2 target. Technical indicators like the Bollinger Bands and MACD suggest increased volatility, with potential for rapid price movements. A breakout of the 50-day Exponential Moving Average (EMA) will be another key factor in confirming sustained bullish sentiment for Worldcoin as it benefits from broader market dynamics.
In November 2024, Worldcoin price is expected to hover between $4.4 and $4.7, riding the momentum built during October’s rally. The spillover effect from “Uptober” may continue, allowing WLD to challenge its next resistance levels at $4.7. With the market still buoyed by high trading volumes and overall bullish sentiment, technical indicators like the RSI could approach overbought territory, signaling sustained demand. However, any failure to hold key support at $4.4 could result in minor pullbacks. The Fibonacci retracement levels will play an important role in guiding traders on possible reversals or continued upward movements in this price range.
December 2024 could see Worldcoin price trading within a range of $5 to $6, though the market might experience consolidation after two months of strong upward momentum. The psychological resistance at $6 could serve as a key barrier for WLD, with traders potentially taking profits after the extended rally. Despite this, technical indicators like the 200-day Simple Moving Average (SMA) suggest that WLD could stabilize around $5.5 if it faces challenges in breaching the $6 resistance. Reduced volatility may define the month, but any breakout above $6 could set the stage for continued bullishness heading into 2025.
Worldcoin Price Prediction 2025
The upward trajectory is believed to have continued since the start of 2025 and is believed to elevate the price toward new highs. The price could constantly form new ATHs as the bulls maintain their strength, leaving no room for bearish action. Until the year’s first half ends, the price may maintain a healthy upswing with fewer chances of a pullback.
The price may maintain a healthy upswing during the second half of the year, and the upswing trajectory may intensify and mark the highs around $16.7 to $18.5 of the prevailing bull market during Q3. This may follow a steep descending trend, which may drag the levels down by nearly 35% to 40% for the rest of the year. But towards the end of the year, the price could see some recovery back to a range between $20 to $25.
Additional Read: Bitcoin Price Prediction
The 2026 trade may begin with a consolidated bearish trend, with the price starting to maintain a consolidated descending trend. The bulls could have been completely exhausted by lifting the price to new highs. This could be when the bears start dragging the price lower, initially appearing as a correction that may further transform into a bear market.
During the year’s second half, the descending trend could intensify heavily and compel the price to maintain its bearish influence. The price may further drop for the rest of the year, aiming to mark the lows of the prevailing bear market. Therefore, the WLD price may close the 2025 trade between $8.5 and $8.8.
For the first few weeks of 2027, the WLD price may seem to remain under the bearish influence as the bulls continue to remain uncertain. The price could continue to trade within a consolidated trend between pre-determined levels. The rally may trade within these levels throughout the first half and until the end of Q3.
The rally may further trigger a healthy rebound after marking the lows of the prevailing bear market by the end of Q2. One can expect a significant recovery in the WLD price during the last quarter, with a 15% to 20% bounce from the lows. The price may further begin with a notable recovery during the last few weeks and close the yearly trade around $6.7 to $8.9.
The WLD price may continue the strong recovery phase that began during Q4 2027. The recovery phase may induce significant bullish momentum within the crypto market and offer the bulls the required strength. This could assist the rally in forming constant higher highs and lows, indicating the growing strength among the bulls.
The upswings may intensify as the trade enters the year’s second half. The price may find a strong support base, which may propel the price significantly higher. With the start of the last quarter, the WLD price may begin rising and close the yearly trade around $11.5 to $13.2.
The upswing may get higher with the beginning of 2029, which flashes the possibility of marking a bullish year. The rally could begin to rise steadily throughout the first and second quarters, aiming to mark new highs. However, the bears may challenge the bulls at $15, when the price may witness a minor pullback.
After a minor consolidation phase below $15, the WLD price may begin with a healthy price rise following a rebound. Although the probability of a bull run could still be lower, the pace may remain in favor of bulls. With the beginning of the last quarter, the price may begin with a notable bull run, close the yearly trade, and form a new ATH at $20.5 to $22.
The price may continue trading within a steep upswing as the bull run is believed to continue for the first few months of the year. The bull market is expected to prevail throughout the first half of 2030 and also throughout Q3, with highs around $35 to $38. This may invite bearish action from those who may begin to extract their profits.
During the second half of the year, the price may remain under the bearish influence, which may compel the price to test the lower targets. As the trade advances toward the end, the downward trend may intensify. By the end of the year, the price may trade between $25 to $28.
Will Worldcoin Price Rise Again in 2024?
Worldcoin price has seen significant volatility in 2024, with major corrections following its earlier highs. However, signs point toward the possibility of a recovery in the latter half of the year. As of late September, WLD has shown short-term strength, rallying by over 35% in the past week, suggesting renewed investor interest. A potential bullish breakout could occur if the token surpasses its 200-day EMA and the psychological resistance at $4. If market sentiment remains positive, driven by macroeconomic factors and broader crypto enthusiasm, Worldcoin could witness further upside. However, it will need to overcome technical barriers such as breaching key resistance levels around $6 to sustain a long-term rise in 2024. Traders should monitor indicators like the RSI and MACD closely, as these could signal the beginning of a more significant uptrend for WLD price as the year progresses.
