Worldcoin, the cryptocurrency making waves, saw its WLD token surge 22% in just one week in early May, cementing itself as one of the best-performing altcoins. This surge coincides with notable advances in artificial intelligence, notably by OpenAI, illustrating a potential correlation between WLD market trends and technological advancements. Let’s take a look at Worldcoin’s price predictions from 2024 to 2033.
Key information about Worldcoin (WLD):
Before diving into the price prediction, let’s first review the basic information regarding Worldcoin (WLD)which have shaped its positioning in the current crypto market.
| Metric | Value |
|---|---|
| Cryptocurrency | Worldcoin |
| Symbol | WLD |
| Current price | $2.39 |
| Market capitalization | $623,984,816 |
| 24-hour trading volume | $202,845,608 |
| Offer in circulation | $260,898,725 |
| All-time high (ATH) | $11.82 (March 10, 2024) |
| Historic low | $0.9758 (September 13, 2023) |
Worldcoin Price Prediction: Technical Analysis
Worldcoin is showing clear signs of progress with technical setups that suggest a continuation of the downtrend in the short term. Let’s decipher the recent movements and what they indicate for the future of WLD.
Worldcoin Daily Chart Analysis
Worldcoin daily chart analysis shows a bearish trend today, with the cryptocurrency forming successive highs and lows since mid-October 2023.
Recent price action has resulted in the formation of a double bottom pattern above from the level of $2.30indicating an area of strong support. This pattern is often seen as a bullish reversal and, if confirmed, could lead to further gains for WLD.
The 50-day and 200-day moving averages are also supporting the decline in Worldcoin (WLD) price, the 50-day MA is currently at $3.92 . This indicates strong selling pressure in the market, which could push the price of WLD to $2.05.
Additionally, the Relative Strength Index (RSI) is in the oversold zone showing a score of 24reflecting a feeling of windy pressure strong among traders.
Worldcoin 4 Hour Chart Analysis
On the 4-hour chart, Worldcoin price has undergone a bearish breakout under an ascending triangle patternfalling below the support level at $2.30. This development signals a negative trend for the cryptocurrency.
This breakout was marked by high trading volume, reflecting strong sales pressure on the market. This move is part of a general downward trend in the market, with other major cryptocurrencies showing similar patterns of decline.
Indicators RSI and MACD on the 4-hour chart indicate a continuation of the bearish trend for Worldcoin, with negative momentum and strong selling sentiment.
Although price action shows a slight recovery of 2.6% todaycaution remains in order. The next resistance for WLD could be set at $2.5. However, traders should remain vigilant for possible rebounds, as the market is still very volatile.
Worldcoin Technical Indicators: Levels and Actions for Trading
Technical indicators play a crucial role in assessing Worldcoin’s upcoming price movements. Here’s a look at current recommendations based on moving averages and stock levels.
| Indicator | Value | Action |
|---|---|---|
| 10-day Simple Moving Average (SMA) | $4.54 | SELL |
| 21-day Simple Moving Average (SMA) | $4.73 | SELL |
| 100-day Simple Moving Average (SMA) | $6.28 | SELL |
| 200-day Simple Moving Average (SMA) | $4.87 | SELL |
| 10-day Exponential Moving Average (EMA) | $4.78 | SELL |
| 21-day Exponential Moving Average (EMA) | $4.90 | SELL |
| 50-day Exponential Moving Average (EMA) | $5.27 | SELL |
| 100-day Exponential Moving Average (EMA) | $5.43 | SELL |
| 200-day Exponential Moving Average (EMA) | $4.87 | SELL |
What can we expect from Worldcoin price in 2024?
Worldcoin price analysis shows a bearish trend for the cryptocurrency, with WLD trading above $2.30.
The bullish breakout on the daily and 4-hour charts, as well as the indicators supporting positive momentum and strong selling pressure at the moment, indicate that WLD may have a change in trend shortly.
The next key support level is at from the Fibonacci retracement at $2.18while the next major resistance is at $2.5, which could lead the WLD token to a more sustained rise.
Worldcoin Price Prediction for July 2024
According to Worldcoin price predictions in early 2024, the average rate of WLD expected to be $2.40 in July 2024. Its minimum and maximum prices can be expected at $2.15 and $3 respectively.
| Worldcoin Price Prediction | Low potential level | Average potential level | High potential level |
|---|---|---|---|
| July 2024 | $2.15 | $2.40 | $3 |
Worldcoin Price Prediction 2024
Worldcoin price is expected to reach a minimum of $2.05 in 2024. WLD price may reach a maximum of $5with an average of $3 by the end of 2024.
| Worldcoin Price Prediction | Low potential level | Average potential level | High potential level |
|---|---|---|---|
| Year 2024 | $2.05 | $3 | $5 |
Worldcoin Price Prediction 2025-2030
Looking further ahead, predictions extend Worldcoin’s growth potential well beyond 2024, with significant price increases expected over the years as the project persists.
| Year | Low level | Average level | High level |
|---|---|---|---|
| 2025 | $9.20 | $9.80 | $11 |
| 2026 | $11.80 | $13.90 | $15 |
| 2027 | $15.80 | $16.30 | $18.40 |
| 2028 | $15 | $17.60 | $19 |
| 2029 | $18.90 | $21.20 | $22 |
| 2030 | $27 | $27.50 | $29 |
Conclusion
Technical analysis and price prediction indicate that Worldcoin (WLD) has the potential to experience remarkable growth in the coming years.
According to our estimates, the price of WLD could reach a minimum level of $2.05 in 2024with an average of $2.40 and a maximum of $5By 2030, the price of Worldcoin is expected to reach a minimum level of $27, an average of $27.50 and a maximum of $29.
Although Volatility remains a challengetechnical indicators and analysts’ analysis suggest that Worldcoin could be one of the cryptocurrencies the best performers in the years to come. With its ambition to become one of the largest crypto distributions in the world, Worldcoin is attracting keen interest among investors and enthusiasts.
As technology and adoption advance, WLD’s price could continue to climb, providing attractive opportunities for savvy investors.
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