Worldcoin Price Prediction: Market Cap Hits $1.49B as Bears Maintain Control

Worldcoin (WLD) has come under renewed selling pressure, with its market cap falling to approximately $1.49 billion. The token, once positioned for a breakout, has now slipped below key support levels.

Short-term volatility, waning volume, and fading momentum indicators point to cautious sentiment. As of July 5, 2025, WLD trades near $0.88 after a sharp pullback.

Worldcoin Price Selling Pressure Intensifies

The latest 24-hour trading data from Brave New Coin shows a 6.66% decline in WLD’s price, with the token sliding from around $0.94 to a daily low near $0.86 before stabilizing around $0.88. The sharp intraday downturn signals rising bearish sentiment as buyers struggle to maintain control. This correction began early on July 4 and intensified through mid-session, reflecting consistent downward price pressure.

Source: BraveNewCoin

The trading volume for the day reached $133.7 million, notably below the $150 million average seen during previous periods of bullish activity. Declining volume during the drop points to lower trader conviction and a lack of fresh inflows, despite WLD’s high circulating supply of 1.69 billion tokens. Without a volume rebound, any price recovery remains fragile, especially if key support zones are breached.

Narrowing WLD Price Channel Reflects Market Uncertainty

On the daily timeframe, the WLD/USDT chart from TradingView shows ongoing price compression within a tightening range. The token is currently priced at $0.877, hovering near the 20-day simple moving average (SMA) midline of the Bollinger Bands, located at $0.902. The upper band caps resistance near $0.975, while repeated tests of the lower band at $0.829 have held firm, offering temporary support.

Source: TradingView

Despite the ongoing bounce attempts, momentum indicators suggest a lack of clear directional bias. The Awesome Oscillator (AO) remains negative at -0.080, though the histogram shows shrinking red bars, implying weakening bearish momentum.

This signals a possible slowdown in selling, but not a confirmed reversal. To establish bullish traction, WLD must hold above the Bollinger midline and close near $0.90 or higher. A failure to do so could lead to renewed pressure toward $0.829, with downside targets between $0.76 and $0.70 if that zone breaks.

Falling Wedge Breakout Offers Technical Hope

In a recent chart shared by analyst Crypto Joe, a 1-hour timeframe reveals a falling wedge pattern that formed between June 10 and June 24. The wedge compressed from a high near $1.20 to a base just under $0.80 before breaking out on rising volume—typically considered a bullish continuation signal.

Following the breakout, WLD climbed past the 50-period moving average, which now acts as dynamic support around $0.896.

Source: X

The chart identified a target zone between $1.04 and $1.05 based on the projected wedge height. Crypto Joe noted that WLD must hold above $0.90 to preserve momentum. At the time of his analysis, the price was approaching $0.935, showing continued upside follow-through.

While the technical outlook remains constructive, bulls must defend $0.90 and sustain volume to reach the target. Without that support, recent gains could unwind amid broader market headwinds.