- Worldcoin (WLD) has secured a position on CoinMarketCap’s list of trending cryptocurrencies.
- WLD has the potential to reach $2.50 if it maintains a price level above $2.32.
- WLD has exhibited remarkable growth, surpassing 40% over the previous month.
The notable cryptocurrency trader and analyst Michael van de Poppe, highlighted the upward trajectory of Worldcoin (WLD) in a recent tweet. Additionally, it is noteworthy that WLD secured a position on CoinMarketCap’s list of trending cryptocurrencies following a price surge of over 3% within the last 24 hours.
According to Van de Poppe, as long as WLD maintains a price level above $2.32, there is a potential for the altcoin to reach $2.50 shortly. Currently, WLD is valued at approximately $2.39, indicating that the target set by Van de Poppe remains within reach.
WLD’s recent achievement has bolstered its position against the top players in the market, Bitcoin (BTC) and Ethereum (ETH), with gains of approximately 1.41% and 1.91%, respectively, in the last trading day. As a result, the value of 1 WLD now stands at 0.00008109 BTC and 0.001287 ETH.
From a broader perspective, WLD has exhibited a commendable performance, registering a notable increase of 1.55% in the last seven days. Furthermore, this altcoin has demonstrated remarkable growth, surpassing 40% over the previous month.
WLD has recently experienced a period of consolidation, trading within the range of $2.036 and $2.556. Currently, traders are trying to test this range’s upper boundary. However, if WLD fails to break through this level, a downward movement towards $2.036 can occur within the next 24 hours. Moreover, if selling pressure persists, it could drive the price of this altcoin further down to $1.841.
Alternatively, if WLD surpasses the resistance level of $2.556 and successfully concludes a 4-hour candle above this threshold, it will pave the way for a potential upward movement towards its previous record high of $3.58 within the upcoming weeks. However, investors and traders must exercise caution during this period, as bearish market participants may seize the opportunity to sell their holdings anywhere between $2.556 and $3.58.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
