Worldcoin is consolidating steadily around the key support level of $0.95, setting the stage for potential bullish momentum.
Across daily, 24-hour, and long-term monthly charts, analysts highlight strong accumulation, resilient price action, and promising upside targets.
The token appears positioned for a measured recovery, provided it sustains support and attracts sufficient buying interest.
Strong Accumulation Zone Signals Buyer Interest
Daily chart analysis by Erik highlights a pronounced accumulation zone between $0.88 and $1.00, where WLD has been trading sideways. This range reflects a battle between bulls and bears, with repeated defense of support levels indicating buyers recognize value and are intervening to prevent declines.
Source: X
Erik projects a phased breakout from the current consolidation, outlining key resistance targets at $1.16, $1.30, and $1.46. These levels correspond to previous resistance and Fibonacci extensions, suggesting a structured, step-by-step rebound rather than a sudden surge. He cautions that a drop below $0.88 would undermine this bullish case and likely prompt a retest of $0.80. For now, the outlook remains constructive as steady volume supports the likelihood of an upward relief rally within the identified zones.
Market Data Confirms Stability Amid Consolidation
Additionally, BraveNewCoin’s 24-hour chart depicts WLD trading near $0.95, marginally higher by 0.32%, supported by robust trading volume of approximately $131.9 million. This volume reflects sustained liquidity and active participation from retail and institutional players alike, reinforcing price stability despite sideways movement.
Source: BraveNewCoin
Price oscillations between $0.92 and $0.97 during the day emphasize consolidation within a tight range, mirroring the accumulation pattern noted by Erik. The ability to hold firm while absorbing significant trading volume signifies resilience and a healthy base for potential breakouts.
With a market cap of around $1.88 billion and a circulating supply of close to 1.97 billion tokens, the asset comfortably ranks in the mid-cap tier, where liquidity influxes can trigger sharp rallies if buying ramps up.
Long-Term Macro Outlook Suggests Multi-Dollar Upside Potential
On the other hand, Muneeb offers a macro perspective using a long-term monthly chart, showing WLD lingering near $0.95 after a steep decline from highs above $12. The extended consolidation and the presence of long wicks reflect trader exhaustion and volatility typical of bottoming phases in cyclical markets.
Source: X
His price projections include milestones at $2.31 and $3.33, representing gains of roughly 155% and 406%, respectively, from current prices. The first target aligns with historical resistance, while the higher figure captures an aggressive recovery consistent with cycle-based behaviors in cryptocurrencies. Muneeb suggests that the memeoin may be entering the early stages of a sustained multi-year reversal.
The broader market context supports this assessment, as altcoins often experience strong rebounds following prolonged consolidation periods. The cryptocurrency’s fundamental strengths, namely, high liquidity, significant supply, and growing market interest, could power its ascent. Though short-term volatility may persist, the macro setup points toward a promising bullish trajectory for 2025 and beyond.
Source: https://bravenewcoin.com/insights/worldcoin-price-holds-0-95-support-with-bullish-projections-ahead