Worldcoin WLD Breaks Out of Falling Wedge and Eyes Rally Toward $1.52

Worldcoin (WLD) has captured bullish attention after breaking out of a multi-month falling wedge pattern, with analysts forecasting a potential upside continuation.

As the price reclaims the $1.00–$1.11 demand zone, technical indicators such as the MACD, RSI, and moving averages show strengthening momentum across multiple timeframes.

With volume rising sharply and formations like the cup-and-handle emerging, WLD is drawing renewed investor confidence and signaling a potential rally toward $1.52, $3.45, or even $6.65.

The breakout coincides with a 7.42% 24-hour price jump to $1.12, fueled by over $300 million in trading volume. Analysts highlight bullish divergences, rising RSI, and strong market structure. As Worldcoin consolidates above key moving averages, traders are watching for a confirmed breakout to unlock the next wave of bullish momentum.

Worldcoin WLD Breaks Out of Falling Wedge

Worldcoin (WLD) Price has moved above the resistance of a falling wedge pattern on the 3-day chart, signaling renewed strength after an extended downtrend. The pattern, which had been forming since the asset’s earlier peak, was broken during a sharp move that pushed WLD back into the $1.10 range. According to chart analysis, the price is now retesting the $1.00 to $1.11 demand zone, a move often observed during breakout confirmation phases.

Source: BraveNewCoin

The current WLD price structure is supported by technical indicators showing improving momentum. The asset now trades above the 7-day and 20-day simple moving averages. These short-term moving averages have turned upward, suggesting a change in near-term trend. Additionally, the MACD has turned positive, reflecting upward pressure, while the RSI sits near 59, indicating room for continued upward movement before approaching overbought conditions.

Falling Wedge Breakout Suggests Higher Targets Near $1.52

Analyst Fisher confirmed the breakout and observed a clear retest of prior resistance, now turned support. The defined support range remains at $0.82 to $0.86, while the immediate upside target stands at $1.14. If the current breakout continues to hold, the next resistance level identified is $1.52. Volume has increased alongside price action, with daily trading volume exceeding $300 million, which supports the validity of the breakout.

Source:X

This technical structure, combined with increasing buy-side pressure, suggests a shift in short-term market dynamics. The price action remains above the breakout point, and traders are watching for sustained activity above $1.11 to maintain the current trajectory.

If volume continues to increase and price closes higher in the following sessions, the $1.52 level may act as the next resistance for buyers to test.

Cup-and-Handle Formation Builds on Weekly Chart

In addition to the breakout from the falling wedge, another bullish structure is forming on the longer-term weekly chart. Analyst Alex Clay shared a chart suggesting WLD is developing a cup-and-handle pattern, typically observed before trend reversals. The cup base formed around the $0.57 to $0.69 range, and WLD price has since started curving upward toward $1.05.

Source:X

The handle component may form in the short term as price consolidates near resistance, offering a potential continuation point if demand remains intact. This setup is commonly used in technical analysis as a structure that supports trend reversals or new uptrends. The pattern remains unconfirmed until the neckline is breached, but the current progression indicates continued accumulation.

Bullish Divergence Supports Reversal Case

Analyst Clay also pointed out a bullish divergence on the RSI indicator. While WorldCoin price has trended down over the past few months, the RSI has begun to rise and recently broke its descending resistance trendline. This shift often precedes momentum-based price moves, especially when combined with breakout setups and increasing volume.

If both patterns follow through and volume remains elevated, mid-term price targets are estimated at $3.45 and $6.65. These projections are based on Fibonacci extension zones that align with prior support and resistance levels.

Although WLD price remains far from those levels, the early signs suggest a structured upward movement is possible if market interest continues to grow.