Worldcoin Price Prediction: WLD Surges Above $1.20 Amid Strong Volume and Bullish MACD Crossover

Worldcoin (WLD) has shown signs of short-term recovery following a prolonged downtrend, with technical indicators and volume patterns supporting the possibility of continued upward momentum.

The token’s recent push above $1.20 marks a significant shift in price structure and could signal the beginning of a broader trend reversal, especially if key resistance levels are cleared in the near term.

Worldcoin Price Prediction Stabilizes After Downtrend

The 1-hour chart for WLD/USD on Open Interest shows a recovery pattern emerging after the token bottomed out near $1.08. This drop, which began around May 28 and intensified on May 30, pushed the asset down from $1.40 before forming a distinct V-shaped bottom.

Since then, WLD has moved steadily higher and is now trading just above $1.20. The current phase reflects a short-term bullish reversal or relief rally, as higher highs and higher lows form in recent sessions.

Source: Open Interest

Worldcoin price action from June 2 to June 3 was particularly notable, with the asset climbing back above the $1.20 mark following a breakout from a consolidation zone in the $1.10–$1.12 range. The resistance near $1.25 now becomes a key level to monitor, as a break and hold above it could validate the ongoing recovery. The current support zone is anchored at $1.10, where the price previously paused before initiating the latest upward move.

Open interest data adds further insight into market sentiment. A surge in open interest on May 29 corresponded with a sharp price decline, suggesting speculative short positioning during that time. This was followed by a decline in open interest, likely the result of position closures as volatility subsided.

As WLD’s price began to recover in early June, open interest stabilized around 3.547 million, indicating renewed but cautious market engagement. A rise in both price and open interest going forward would support the case for a sustained bullish move.

Worldcoin Price Prediction: Intraday Volume Supports Breakout Potential

Furthermore, Worldcoin price prediction 24-hour trading data shows increased market activity, with the price ranging between $1.10 and $1.23 before closing at $1.20. This performance reflects a 10% price increase at the peak of the session and suggests growing bullish sentiment.

The most pronounced gains occurred in the latter half of the day, driven by a sharp rally that followed a mid-session dip. This late-day buying interest could indicate larger players entering the market or a reaction to broader market sentiment shifts.

Source: Brave New Coin

Volume trends support the strength of the rally. Trading volume for the 24-hour period reached $212.96 million, with a spike observed during the late-day surge. This suggests that the price increase was not the result of thin liquidity but was backed by real demand.

Consistent volume during the session also reinforces the view that accumulation may have occurred earlier in the day, setting the stage for the breakout. A sustained increase in volume alongside price appreciation would be needed to confirm the continuation of this move.

With a market capitalization of approximately $1.86 billion and a circulating supply of more than 1.55 billion WLD, Worldcoin ranks 66th among cryptocurrencies. The token continues to gain visibility as the project promotes its use case in privacy-preserving digital identity and decentralized governance. These factors contribute to market sentiment and could influence long-term investor positioning if short-term price strength evolves into a broader uptrend.

Technical Indicators Point to Early Reversal Setup

On the weekly WLD/USDT chart, recent technical developments suggest that momentum is shifting. The price is currently hovering above the Bollinger Band basis line at $1.097, which marks a critical mid-point in the volatility range.

With the upper and lower Bollinger Bands positioned at $1.715 and $0.479, respectively, the potential for a breakout remains substantial if buying pressure continues. The current green candle on the weekly chart reflects bullish interest, especially following multiple weeks of selling pressure.

Source:TradingView

The MACD (Moving Average Convergence Divergence) indicator shows a modest but notable crossover. The MACD line at -0.237 has moved above the signal line at -0.331, and the histogram has turned positive at 0.094.

While both lines remain below the zero level, the crossover itself is often viewed as a leading signal of trend change. This, paired with recent price strength and volume behavior, provides early support for a possible upward continuation.

RSI trends also suggest improvement. Although the indicator has not yet crossed into a fully bullish range, the rising slope indicates increasing buying momentum. Confirmation of a stronger uptrend would require price to close above $1.25 on higher time frames, coupled with continued volume and rising open interest. Failure to do so could result in a return to consolidation or a retest of the $1.10 support area.

Outlook: Worldcoin Price Prediction Eyes $1.25 Breakout for Confirmation

The current Worldcoin price prediction suggests that WLD may be in the early stages of a recovery phase, supported by improving technical indicators and strong trading volume. The move above $1.20 has attracted renewed interest, and further gains could be expected if resistance at $1.25 is breached and sustained.

However, caution remains as the recovery is still in its formative phase. Confirmation through volume expansion, open interest growth, and continuation of bullish momentum will be necessary to solidify the trend reversal. Traders will likely monitor the $1.25 resistance and $1.10 support levels closely as key inflection points in determining short-term direction.