Key takeaways
- In 2024, the Worldcoin price prediction shows it will reach a maximum price value of 3.46 with an average value of $3.31
- By 2027, the minimum WLD price might drop to $6.07, while its maximum can reach $7.17
- The price of Worldcoin is expected to reach a maximum level of $11.71 in 2030.
Worldcoin, a cryptocurrency recently showing a remarkable price surge, is capturing the attention of investors and enthusiasts alike. In the first week of May, Worldcoin’s token, WLD, saw a dramatic 22% increase in its value, positioning it as one of the top-performing altcoins in the market. This surge coincides with heightened activity around artificial intelligence (AI) advancements, particularly those involving OpenAI, hinting at a significant correlation between WLD’s market movements and developments in AI technology. The buzz is partly attributed to speculative reports about potential collaborations and new ventures that could integrate more AI tools into cryptocurrency.
Overview
Cryptocurrency | Worldcoin |
Token | WLD |
Price | $1.60 |
Market Cap | $508,275,788 |
Trading Volume | $345,805,119 |
Circulating Supply | 318,901,882 |
All-time High | $11.82 Mar 09, 2024 |
All-time Low | $0.9758 Sep 13, 2023 |
24-h High | $1.70 |
24-h Low | $1.36 |
Worldcoin price prediction: Technical analysis
Metric | Value |
Price Prediction | $4.71 (222.52%) |
Volatility | 14.84% |
50-Day SMA | $2.44 |
14-Day RSI | 31.54 |
Sentiment | Bearish |
Fear & Greed Index | 26 (Fear) |
Green Days | 12/30 (40%) |
200-Day SMA | $4.77 |
Worldcoin exhibits mixed market sentiments as bulls attempt to regain control
Worldcoin (WLD) price analysis for August 18th shows that WLD has shown signs of bearish trends. It is currently priced at $1.49. Despite a slight increase of 0.55% in the last 24 hours, the price movement remains largely volatile, as indicated by fluctuations across various trading platforms. Today’s trading volume for WLD stands at approximately $68.85 million, marking a significant 25.76% decrease, which may suggest a cooling interest among traders. The market cap has slightly increased to $527.97 million, positioning Worldcoin at #103 on CoinMarketCap.
Analyzing the price charts, WLD exhibited a peak of around $1.51, followed by a downturn, reflecting the broader market’s uncertainty. This pattern could indicate potential sell-offs or cautious trading behavior as investors navigate the current economic climate.
Worldcoin daily chart analysis: WLD faces resistance at $1.60
Worldcoin (WLD) continues to face substantial resistance, as evidenced by its recent price action on the charts. Technical indicators, such as the Relative Strength Index (RSI) and Bollinger Bands, provide a clearer picture of the underlying market sentiments. Currently, the RSI hovers around 36, indicating that WLD is neither in the oversold nor overbought territory, suggesting a period of consolidation or potential reversals. The Bollinger Bands also show a widening range, which typically precedes significant price movements, with WLD’s price consistently testing the lower band, hinting at ongoing bearish pressure.
Additionally, the moving averages offer critical insights into longer-term trends. The 50-day moving average (SMA) has crossed below the 200-day SMA, a bearish signal often referred to as the “death cross,” which may deter some investors. This crossover, combined with the resistance levels near the upper Bollinger Band, suggests that WLD might struggle to break higher in the short term. The trading volume has not spiked significantly, indicating a lack of strong buying interest.
WLD 4-hour analysis: WLD consolidates below key resistance levels of $2.0
In the recent trading sessions, the WLD/USD pair has exhibited a pronounced bearish trend on the 4-hour chart, with price movements consolidating below crucial exponential moving averages (EMAs). The 20 EMA (red), 50 EMA (orange), 100 EMA (blue), and 200 EMA (green) have all positioned themselves above the current market price, reinforcing a solid downward trajectory. This configuration suggests that these EMAs act as significant resistance levels, particularly around the 1.72 mark, where the 50 EMA intersects recent price peaks. The persistent failure of the price to break above these averages indicates a lack of bullish momentum, as each attempt to ascend has been met with robust selling pressure, pushing the price back down toward newer lows.
The technical indicators further underscore the bearish outlook, with the Relative Strength Index (RSI) providing critical insights into market sentiment and potential price movements. Oscillating predominantly below the midline, the RSI recently approached the 30 level, hinting at possible oversold conditions. However, the general stance remains bearish as the indicator has not sustained levels above the midpoint (50).
This suggests that upward price movements are likely corrections within a more significant downtrend rather than signs of a reversal. Such a development could indicate a shift in trend, but until then, the outlook suggests continued consolidation with a bearish bias.
Worldcoin technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
---|---|---|
SMA 3 | 1.96 | SELL |
SMA 5 | 2.07 | SELL |
SMA 10 | 2.18 | SELL |
SMA 21 | 2.32 | SELL |
SMA 50 | 2.44 | SELL |
SMA 100 | 3.66 | SELL |
SMA 200 | 4.77 | SELL |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 1.95 | SELL |
EMA 5 | 2.03 | SELL |
EMA 10 | 2.14 | SELL |
EMA 21 | 2.25 | SELL |
EMA 50 | 2.66 | SELL |
EMA 100 | 3.41 | SELL |
EMA 200 | 3.86 | SELL |
Is Worldcoin a good investment?
Investing in Worldcoin offers the opportunity to be part of a cryptocurrency project that leverages biometric verification and zero-knowledge proofs to enhance asset security and privacy. Its approach prevents AI impersonation and supports Universal Basic Income (UBI) distribution, potentially reducing economic inequality. The upcoming World Chain Layer 2 platform, backed by Ethereum’s security, promises efficient user onboarding and robust blockchain operations. These advancements position Worldcoin as a forward-thinking investment in the rapidly evolving crypto landscape.
Why is Worldcoin down?
Worldcoin is down due to recent selling pressure and market volatility. Short-term fluctuations and a potential lack of significant positive news may have contributed to the decline.
Will Worldcoin recover?
The WLD price chart shows recent volatility and a slight recovery, suggesting that Worldcoin may have the potential for recovery. However, future performance will depend on market conditions and investor sentiment.
Will Worldcoin reach $10?
Reaching $10 for Worldcoin is uncertain and would depend on positive market trends. Current price levels and market conditions make this goal challenging but not impossible.
Will Worldcoin reach $100?
Reaching $100 for Worldcoin is highly unlikely due to current market conditions, its present price levels, and the significant rise in market capitalization required. Such an increase would necessitate extraordinary growth and adoption.
Does Worldcoin have an excellent long-term future?
WLD coin is showing some recovery trend; the token may have a promising long-term future. Continued development, adoption, and favorable market trends will be crucial for its success.
Recent news/opinion on Worldcoin
Worldcoin has temporarily suspended its services in Hong Kong following findings by the Office of the Privacy Commissioner for Personal Data. The investigation concluded that the company’s handling of biometric data breached local privacy regulations. This suspension marks a significant setback for Worldcoin, as Hong Kong represents a critical market in its global expansion strategy.
In response to increasing global scrutiny, Worldcoin is revising its data handling procedures to align with international data protection standards. These adjustments focus on enhancing security measures and ensuring transparency in collecting, storing, and using biometric data. This proactive approach aims to mitigate privacy concerns and build trust with users and regulators worldwide, facilitating smoother operations and compliance across its markets.
- Worldcoin community reaches 6 million verified users.
- Worldcoin launches World Chain developer preview.
Worldcoin price prediction August 2024
The average WLD price prediction for August is $1.60. Analysts expect the coin to reach a minimum and maximum price of $1.58 and $1.64, respectively.
Month | Potential Low | Potential Average | Potential High |
August | $1.58 | $1.60 | $1.64 |
Worldcoin Price Prediction 2024
The price of Worldcoin is predicted to reach a minimum of $1.42 in the remainder of 2024. The WLD price can reach a maximum of $3.46, with an average of $3.31 throughout 2024.
Year | Potential Low | Potential Average | Potential High |
2024 | $1.42 | $3.31 | $3.46 |
Worldcoin Price Prediction 2025-2030
Year | Minimum | Average | Maximum |
2025 | $3.39 | $3.80 | $4.08 |
2026 | $4.65 | $5.42 | $5.70 |
2027 | $6.07 | $6.58 | $7.17 |
2028 | $6.07 | $6.58 | $7.17 |
2029 | $7.48 | $8.33 | $8.59 |
2030 | $10.64 | $11.62 | $11.71 |
Worldcoin price prediction 2025
In 2025, Worldcoin is expected to cross the $3.80 average price level, according to the Worldcoin forecast and technical analysis. By the end of 2025, Worldcoin’s minimum price is expected to be $3.39. Additionally, WLD can reach a maximum price level of $4.08.
Worldcoin Price Prediction 2026
According to the forecast price and technical analysis, in 2026, the price of WorldCoin is predicted to reach a minimum level of $4.65. The WLD price can reach a maximum level of $5.70, with an average trading price of $5.42.
Worldcoin Price Prediction 2027
The price of Worldcoin is estimated to reach $6.07 by 2027, at minimum. Throughout 2027, the average trading price will be $6.58, and the maximum cost will be around $7.17.
Worldcoin Price Prediction 2028
The price of Worldcoin is expected to reach a minimum of $6.07 in 2028. The WLD price can reach a maximum of $7.17, with an average of $6.58 throughout 2028.
Worldcoin Price Prediction 2029
In 2029, the price of WorldCoin is forecasted to be around a minimum value of $7.48. It can reach a maximum value of $8.59, with an average trading value of $8.33.
Worldcoin price prediction 2030
The price of WorldCoin is predicted to reach a minimum level of $10.64 in 2030. The WorldCoin price can reach a maximum level of $11.71, with an average price of $11.62.
Cryptopolitan’s Worldcoin price prediction
According to Cryptopolitan, Worldcoin (WLD) will experience tremendous growth in 2024 as it has the potential to achieve new highs in terms of price points and market cap. Worldcoin’s price is expected to surpass $3.46 by the end of 2024.
Market price prediction: Analysts’ Worldcoin forecast
Firm Name | 2024 | 2025 |
Gov.Capital | $3.23 | $10.42 |
DigitalCoinPrice | $3.46 | $4.08 |
Coincodex | $ 2.94 | $6.54 |
Worldcoin’s historic price sentiment
- Since its inception, Worldcoin has experienced fluctuations in its price. The lowest recorded price occurred on September 13, 2023, at $0.9758, marking a significant low point in its early history. This low price may have attracted initial investors seeking growth potential.
- On the other hand, Worldcoin reached its all-time high two months ago, on December 17, 2023, with a price of $4.70. This milestone represented a remarkable surge in value, potentially drawing the attention of traders and investors looking for substantial returns.
- In the most recent 30-day period, from December 31, 2023, to January 30, 2024, Worldcoin’s price displayed significant volatility. The opening price on December 31, 2023, stood at $3.70, but by January 30, 2024, it had dropped to $2.38, indicating a notable decrease of 35.71%.
- During these 30 days, the highest price was $3.18, while the lowest was $2.09. This volatility highlights the challenges and opportunities of trading Worldcoin during this timeframe.
- The closing price of Worldcoin also decreased from $3.64 on December 31, 2023, to $2.47 on January 30, 2024, reflecting a decline of 32.15%. WLD touched above $10 in March 2024 but soon lost momentum, falling below $5 in April.
- Between June and July 2024, WLD has maintained a trading range of $1.76 – $4.10.
- Between July and August 2024, WLD has maintained a trading range of $1.64- $3.94
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