Worldcoin (WLD) has been one of the top performers among the 100 largest altcoins over the past seven trading days. Every week, the WLD price has jumped 124 percentage points to currently $2.12, surpassing its May high.
In the last 24 trading hours alone, the RWA project’s value has increased by 55 percentage points. This is due to the launch of a WLD treasury company by Nasdaq-listed Eightco Holdings. $250 million is to be invested in the purchase of Worldcoin tokens.
In the last few trading hours, the crypto project of OpenAI founder Sam Altman has also benefited from an upcoming listing on the Korean crypto exchange Upbit, jumping to its highest value since January 24th. With the recent price jump, the WLD price has cleared the next relevant resistance zone at $2.04.
If the bulls can sustainably recapture this important resistance area as part of a sustained crypto market recovery, the zone around the year’s high between $2.48 and $2.61 will come into investor focus. The cryptocurrency failed here several times at the beginning of the year.
If buyers succeed in overcoming this resistance zone, there would be room towards $3.18. In the past, this price level has repeatedly represented a pivotal point. Increased profit-taking must be planned for.
If Worldcoin stabilizes above this chart level at the daily closing price, a move to the significant high from December 2024 at $4.12 is conceivable. For now, this resistance level represents the maximum upside price target.
If, however, Worldcoin dynamically turns south near the daily high, the area around the May all-time high at $1.65 will come into focus. Bulls must be present here to avoid jeopardizing the continuation of the northward trend.
A relapse of this chart area could cause the WLD price to fall toward $1.33. If Worldcoin fails to stabilize here, the correction is likely to extend to the breakout level at $1.01.
If, contrary to expectations, buy resistance proves weak here as well, a retest of the zone around the monthly low between $0.83 and $0.80 cannot be ruled out. This area currently serves as the maximum downside correction target.
