Worldcoin Price Prediction – WLD Price Estimated to Reach $2.89 By Oct 27, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Worldcoin is down -3.65% today against the US Dollar
• WLD/BTC decreased by -3.57% today
• Worldcoin is currently trading 23.08% below our prediction on Oct 27, 2024
• Worldcoin gained 43.75% in the last month and is up 47.53% since 1 year ago

WLD price is expected to rise by 30.16% in the next 5 days according to our Worldcoin price prediction

is trading at $ 2.23 after losing -3.65% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.90% in the same time period. WLD performed poorly against BTC today and recorded a -3.57% loss against the world’s largest cryptocurrency.

According to our Worldcoin price prediction, WLD is expected to reach a price of $ 2.89 by Oct 27, 2024. This would represent a 30.16% price increase for WLD in the next 5 days.

WLD Price Prediction Chart

Buy/Sell Worldcoin

What has been going on with Worldcoin in the last 30 days

Worldcoin has been displaying a positive trend recently, as the coin gained 43.75% in the last 30-days. The medium-term trend for Worldcoin has been bearish, with WLD dropping by -2.92% in the last 3 months. The long-term picture for Worldcoin has been positive, as WLD is currently displaying a 47.53% 1-year price change. On this day last year, WLD was trading at $ 1.51.

Worldcoin reached its all-time high price on Mar 10, 2024, when the price of WLD peaked at $ 11.78. The current WLD cycle high is $ 2.64, while the cycle low is at $ 1.30. WLD has been displaying high volatility recently – the 1-month volatility of the coin is at 12.72. Worldcoin recorded 15 green days in the last 30 days.

Worldcoin technical analysis for today – Oct 22, 2024

The sentiment in the Worldcoin markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 2.20, $ 2.13 and $ 2.00, while $ 2.41, $ 2.54 and $ 2.61 are the key resistance levels.

Bearish sentiment for Worldcoin

11 indicators are currently signaling a bullish prediction for Worldcoin, while 14 indicators are showing a bearish forecast. With 56% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Worldcoin.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 70 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Worldcoin moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Worldcoin is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Worldcoin is at 57.22, suggesting that WLD is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Worldcoin over the last 50 days. Currently, Worldcoin is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WLD closing price for the last 200 days. WLD is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Worldcoin prediction

After considering the above factors, we can conclude that the current forecast for Worldcoin price prediction is Bearish. WLD would have to increase by 30.16% to hit our $ 2.89 target within the next five days. Moving forward, it will be important to monitor the WLD market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Worldcoin price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.