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- $WLD surged 9.46%, currently trading at $1.28 with a market cap of $1.33B.
- RSI at 66.67 indicates strong buying momentum, nearing overbought levels.
Worldcoin ($WLD) has gained significant traction, rising 9.46% in the last 24 hours. The token is currently trading at $1.28, with a market cap of $1.33 billion, reflecting a 9.81% increase. Its 24-hour trading volume surged 45.79% to $207.82 million, bringing the market cap ratio to 15.51%.
Adding to this momentum, Worldcoin has launched Priority Blockspace for Humans on its World Chain testnet. This innovation aims to enhance blockchain efficiency and prioritize human-oriented transactions, improving accessibility and scalability.
Will $WLD Surge Further?
$WLD is showing bullish strength, with resistance at $1.30. A breakout above this level could push the price toward $1.35-$1.40. If selling pressure emerges, support at $1.20 may be tested. A drop below this level could bring $WLD down to $1.15, potentially leading to further downside toward $1.10.
The RSI is at 66.67, nearing the overbought zone of 70. This suggests strong buying momentum but also raises the possibility of a cooldown. The RSI average is 49.56, showing that $WLD has shifted from a neutral to a bullish phase. If RSI moves past 70, a short-term retracement could occur before further gains.
$WLD is currently trading above key moving averages, reinforcing the bullish outlook. A recent moving average crossover signals continued strength, indicating that buyers are dominating. If the trend remains intact, $WLD could aim for $1.35-$1.40 in the short term. However, failure to sustain momentum may lead to consolidation.
The CMF is at 0.11, suggesting positive inflows and rising accumulation. A higher CMF value indicates strong buying pressure, confirming that investors are backing the current rally. If the CMF continues to rise, $WLD may push toward its next resistance.
The launch of Priority Blockspace for Humans on its testnet adds fundamental strength to its ecosystem. If resistance at $1.30 breaks, $1.35 becomes the next target. However, a failure to hold $1.20 could lead to a decline toward $1.10.