{"id":605573,"date":"2024-11-29T11:54:56","date_gmt":"2024-11-29T11:54:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=605573"},"modified":"2024-11-29T11:54:56","modified_gmt":"2024-11-29T11:54:56","slug":"worldcoin-price-prediction-wld-soars-12-but-experts-say-this-might-be-the-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/worldcoin-price-prediction-wld-soars-12-but-experts-say-this-might-be-the-best-crypto-to-buy-now","title":{"rendered":"Worldcoin Price Prediction: WLD Soars 12%, But Experts Say This Might Be The Best Crypto To Buy Now"},"content":{"rendered":"
The Worldcoin price surged over 12% in the last 24 hours to trade at $2.90 as of 5:43 a.m. EST as traders go long on the Sam Altman-backed crypto.<\/span><\/p>\n Following the strong 24-hour performance, the WLD price has boosted its weekly gain to over 28%.<\/span><\/p>\n <\/p>\n 4-hour chart for WLD\/USD (Source: GeckoTerminal)<\/span><\/p>\n The Worldcoin price is trying to <\/span>establish<\/span><\/a> a position above the $2.7969 mark after it broke above the technical barrier in the last 24 hours. Should the crypto maintain a position above this level for the next 12 hours, it could enter into another leg up and continue to rise in an ascending channel that has emerged on its chart. Traders might then push WLD up to $3.0040.<\/span><\/p>\n In an alternative case, the <\/span>Worldcoin<\/span><\/a> price could end up falling back below the $2.7969 mark. Dropping below this level might then expose the crypto to the risk of testing the subsequent support at $2.5734. Continued sell pressure if the Worldcoin price drops to $2.5734 could then lead to the altcoin plunging all the way down to $2.3717.<\/span><\/p>\n From a technical perspective, indicators on WLD’s 4-hour chart suggest momentum still favors bulls. Short-term Exponential Moving Averages (EMAs) are aligned bullishly. More specifically, the 9 EMA is positioned above the longer 20 EMA line. What’s more, the growing gap between the two indicators could be a sign of WLD’s positive momentum picking up steam.<\/span><\/p>\n The Moving Average Convergence Divergence (MACD) line is also positioned above the MACD Signal line. Traders usually see this specific orientation of the MACD lines as an indication that a <\/span>crypto<\/span><\/a> is in a positive trend.<\/span><\/p>\nWorldcoin Price Trying To Establish A Solid Technical Foundation<\/span><\/h2>\n
Technicals Suggest The Worldcoin Price Might Keep Rising <\/span><\/h2>\n