Analyzing WLD (Worldcoin)

WLD has seen a sharp rise in October. The coin has surged 67% in the past four weeks. It has now recovered above $2, which gives hope for a renewed bullish momentum. This latest price action suggests that WLD could see further gains in the coming days.

The WLD price has finally broken through a key long-term horizontal resistance level, surging to $2.65. This is the highest level the coin has seen since late July. Prior to this breakout, WLD had been trading in a range between $1.40 and $2.10 for more than eight weeks.

The recent rally began on September 6, when WLD hit a bottom. The price immediately began to rise, regaining the $1.45 support level.

While WLD’s recent breakout is encouraging, the price could face resistance around $3, which is in line with previous highs. Keep an eye on this level as it could determine whether WLD continues to rise or pulls back to retest lower support levels. If WLD continues to rise, the next major resistance level may be $3, followed by the $4.70 to $5.35 area.

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