WLD Breaks Resistance, Eyes $2.18: Bullish Momentum Ahead
Worldcoin (WLD) has just broken through a key resistance trendline, suggesting a potential price rise to $2.18. Trader Maniac highlighted this breakout, but traders should brace for possible corrections after reaching this level. Despite short-term fluctuations, the long-term outlook for WLD remains bullish.
Currently trading around $2.18, WLD has shown strong support around $1.35 and previously peaked near $12. After hitting a low of $1.50 in June, WLD has been recovering, with Fibonacci levels indicating further resistance at $3.40 and $6.00.
As of October 8, WLD is trading at approximately 1.96 USDT, showing slight dips but remaining above the 50-period EMA, which signals an upward trend. The RSI at 62.68 indicates bullish momentum, though it’s nearing overbought territory. Keep an eye on these developments for profit opportunities!
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