Worldcoin Price Prediction: WLD Gains 5% as Bulls Regain Control Above $1.10

Worldcoin (WLD) is showing renewed strength as its price pushes […]

Worldcoin (WLD) is showing renewed strength as its price pushes past a key resistance level. The digital asset gained over 5% in the last 24 hours, climbing above the $1.10 mark and triggering fresh momentum signals. Market indicators and volume patterns point to increasing interest in the token, particularly as it exits a prolonged consolidation phase. Technical data now suggests a shift toward bullish continuation, provided current levels are held.

Analysts Signal Breakout from Long-Term Downtrend

In a recent X post, crypto analysts on X, @TraderEthem, highlighted a potential breakout pattern in the WLD/USDT pair. The daily chart reveals that WLD is attempting to escape from a descending channel that has shaped its price action since the token’s all-time high.

At the time of the breakout, WLD was trading near $1.153, a level that also coincides with a horizontal resistance zone observed across multiple months. This alignment of diagonal and horizontal resistance adds significance to the current price action.

Source: X

The breakout projection suggests a continuation structure if WLD maintains price action above the $1.10–$1.13 range. According to the shared chart patterns, possible targets include $1.60 and $1.75 in the short term. Analysts also point to the likelihood of a retest of the breakout zone, a common behavior in such setups. If successful, the breakout could signal the end of WLD’s long-standing bearish trajectory and open the door to a broader upward cycle. Analysts have cautioned, however, that the setup remains valid only as long as the price does not fall below the reclaimed $1.10 support.

Strong Market Data and Volume Confirm Trend Shift

Over the past 24 hours, WLD has recorded a notable 4.58% gain, closing at $1.16 after beginning the session slightly above $1.08. The price peaked near $1.20 before a minor pullback, which has so far held above the new support at $1.10.

This support zone was previously a resistance barrier, and its flip marks a positive structural change in the token’s market behavior. Sustaining above this level may reinforce bullish sentiment and enable further upside attempts.

Source: BraveNewCoin

Volume activity supports the upward move, with $568.1 million traded during the session. Trading activity intensified between early and midday UTC, coinciding with the upward surge in price. This consistent demand underpins the breakout and differentiates it from temporary spikes or low-volume rallies.

Worldcoin’s current market capitalization has reached $2 billion, ranking it 66th among all cryptocurrencies by valuation. With an available supply exceeding 1.74 billion tokens, price stability above $1.15 remains essential for confirming this emerging trend.

At the time of writing, the daily chart on TradingView shows WLD/USDT advancing to $1.164, marking a 5.15% increase in the most recent daily candle. The price is now approaching the upper Bollinger Band boundary at $1.171.

The 20-day simple moving average has shifted upward to $0.979, signaling a short-term bullish trend. With the price consistently closing above this moving average, traders may interpret this as the beginning of a trend expansion phase.

Source: TradingView

Volatility has also increased, as indicated by the widening Bollinger Bands, and the lower band currently sits near $0.786. Meanwhile, the Bull-Bear Power (BBP) indicator stands at +0.224, its highest reading in recent months. Green histogram bars on the BBP continue to rise, suggesting sustained buying pressure.

This technical alignment, along with supportive volume and price structure, places WLD in a favorable position to test the $1.30–$1.40 range in the short term. A failure to hold above the $1.10–$1.13 support zone, however, would invalidate the current bullish structure.