Worldcoin (WLD) Price Prediction 2023-2030: Will WLD Price Hit $5 Soon?

• Bullish WLD price prediction ranges from $3.2 – $3.5.
• WLD price might also reach $4 this 2023.
• WLD’s bearish market price prediction for 2023 is $1.98.

The listing of Worldcoin across multiple exchanges garnered the attention of the crypto community as the new altcoin experienced a massive surge in a short span of time. Expressing the goals of Worldcoin, the founders stated on the website that Worldcoin is an attempt at global scale alignment. As it is evident that Worldcoin has a certain set of goals and objectives to accomplish, the altcoin’s price sentiment remains to be a mystery.

Let’s now look at Worldcoin’s project and its native token, WLD. Moreover, this article will conduct a comprehensive analysis of WLD and forecast the price for 2023, 2024, 2025, 2026, till 2050.

Worldcoin (WLD) Market Overview

What is Worldcoin (WLD)?

As mentioned on its website, Worldcoin was launched with the goal of creating a “new identity” and financial network owned by everyone. The Worldcoin project has the potential to increase economic opportunity and scale a reliable solution for distinguishing humans from AI. Moreover, the team states that, on top of achieving its objectives, Worldcoin’s team promised to preserve privacy, enable global democratic processes, and create a pathway for “AI-funded UBI.”

Worldcoin project provides a privacy-preserving digital identity (World ID). The Worldcoin developer community along with the Worldcoin Foundation ensures a high-assurance PoP mechanism with World ID. 

Furthermore, the WLD token plays a vital role in the growth of the Worldcoin project. The WLD token alongside World ID, would be used for protocol governance and claims to laid down the foundation for the “privacy-preserving identity and financial network.”

Worldcoin (WLD) Current Market Status

WLD is ranked in the 124 position based on its market capitalization, according to CoinMarketCap. The current circulating supply of the WLD network’s native token is 107,420,321 WLD, while its total supply is 10,000,000,000. 

Moreover, WLD is priced at $2.01, witnessing a 22.56% fall in one day. However, WLD is experiencing a rise in its demand as the trading volume, valued at $516,701,895, experienced a surge of 253.43% in one day.

Some of the crypto exchanges for trading WLD are currently Binance, OKX, Uniswap, and KuCoin.

Now, let’s dive further and discuss the price analysis of the WLD network’s native token, WLD, for 2023.

Worldcoin (WLD) Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. 

The candlesticks have recently broken through the upper band, which could be considered a sign that excess buyers have entered the market. The candlesticks could witness a price retracement. This could be evident from the recently formed candlesticks. Moreover, the Bollinger bands are contracting indicating that the high volatility may end soon.

Worldcoin (WLD) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to decide when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is considered as the overbought region, and traders expect the price could fall soon.

The RSI is valued at 52.11, which could be considered a neutral value by most traders. Moreover, the RSI formed a bearish crossover as it crossed below the SMA. Earlier, the RSI had entered the overbought region as it crossed beyond the 70 value. The recent fallback could be caused due to the price retracement. However, if the downward movement continues, then, it could enter the oversold region, awaiting for a price correction.

Worldcoin (WLD) Price Analysis – Moving Average (MA)

After the recent major spike observed through WLD’s past price movement, a golden cross was formed which confirmed a bullish era for the altcoin. The major spike in price enabled WLD to remain above the 21SMA and the 50SMA. However, it should be noted that WLD is barely above the shorter SMA and could drop below it anytime soon.

Worldcoin (WLD) Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

The MACD line has currently touched the signal line and could cross beyond that said level, which could indicate that WLD could once again experience a bull run. However, there is still a chance that the bull run could be within a short period of time. The confirmation for a bull run could be confirmed through more positive price movements and rising green bars.

Worldcoin (WLD) Price Prediction 2023 – 2030 Overview

Worldcoin (WLD) Price Prediction 2023

Looking at the 5-minute chart, WLD was trading within the regression trend upwards. Moreover, WLD is currently above the 50SMA, which could be considered a bullish trend. However, the MACD line gives out a bearish divergence signal as the MACD line made lower lows and the price made a higher low. There is a chance that the price could begin trading within the lower half of the regression trend. If the downward movement hits the bottom line, then, WLD may bounce back to the top half of the regression trend.

Meanwhile, the price prediction of WLD for 2023 remains to be bullish and is expected to reach beyond the level of $3.2. The bearish price prediction range for WLD is between $1.98 to $2.10. However, if WLD experiences extreme bullish sentiment, then it would reach the $4 level.

Worldcoin (WLD) Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. WLD could also be affected by Bitcoin halving and could trade beyond the price of $4.3 by the end of 2024.

Worldcoin (WLD) Price Prediction 2025

WLD could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, WLD will continue to rise in 2025 forming new resistance levels. It is expected that WLD would trade beyond the $4.8 level.

Worldcoin (WLD) Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, WLD could tumble into its support region of $4.7. Moreover, when WLD remains in the oversold region, there could be a price correction soon. WLD, by the end of 2026, could be trading beyond the $5.1 resistance level after experiencing the price correction.

Worldcoin (WLD) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. WLD is expected to rise after its slumber in the bear season. Moreover, WLD could even break more resistance levels as it continues to recover from the bearish run. Therefore, WLD is expected to trade at $5.3 by the end of 2027.

Worldcoin (WLD) Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, WLD will continue to form new higher highs and is expected to move in an upward trajectory. Hence, WLD would be trading at $5.8 after experiencing a massive surge by the end of 2028.

Worldcoin (WLD) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, WLD could be trading at $6.7 by the end of 2029.

Worldcoin (WLD) Price Prediction 2030

After witnessing a bullish run in the market, WLD and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, WLD could be trading at $6.8.

Worldcoin (WLD) Price Prediction 2040

The long-term forecast for WLD indicates that this altcoin could reach a new all-time high (ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. However, WLD may face a slight fall before starting its upward journey once again. It is expected that the price of WLD could reach $15.6 by 2040.

Worldcoin (WLD) Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, WLD could surpass the resistance level of $26.83.

Conclusion

To summarize, if investors continue to show interest in WLD and add these tokens to their portfolio, then, it could continue to rise up. WLD’s bullish price prediction shows that it could pass beyond the $3.2 level. Moreover, WLD could surpass the $26.83 level by the end of 2050.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.