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Cryptocurrency News Articles

Worldcoin's Bullish Run: Rallying Towards New Heights?

Sep 08, 2025 at 11:00 am

Worldcoin (WLD) is showing bullish signals, with potential rallies on the horizon. Will it break resistance levels and reach new targets? Let's dive into the analysis.

Worldcoin's Bullish Run: Rallying Towards New Heights?

Worldcoin (WLD) is catching eyes with potential rallies fueled by bullish patterns. With derivatives market activity and spot investor interest heating up, can WLD sustain the momentum? Let's break it down, New York style.

Liquidity Surge and Bullish Sentiment

The derivatives market is buzzing with activity, showing a significant surge in liquidity for WLD. Open Interest jumped 20% to $447 million, signaling strong bullish dominance. Binance is a major player, contributing significantly to the overall derivatives activity.

Spot Investors Joining the Party

Spot investors are also jumping on the bandwagon, scooping up WLD and moving their holdings into private wallets. This behavior often suggests a long-term outlook on price, reinforcing the bullish outlook.

Technical Analysis: Eyes on $1.5

Market analysis indicates a breakout rally from a bullish triangle pattern. WLD has already breached the resistance level and is trending higher, potentially aiming for $1.5. If the fractal pattern holds, this target is within reach.

September 2025: $1.40 Breakout in Sight?

Recent analysis from September 2025 suggests a potential 17% upside to $1.40 resistance. Bullish MACD momentum and stable RSI levels support this outlook. Key indicators suggest continued momentum, with potential resistance around $1.40 and critical support at $0.91.

Analyst Forecasts: A Mixed Bag

Analyst forecasts vary, with some short-term caution balanced by medium-term optimism. While some predict pullbacks, others foresee WLD hitting $1.59 or even higher. Billionaire Tim Draper maintains his $8.00 target for late 2025 or early 2026.

The Bottom Line: Should You Buy?

Given the recent surge, a measured approach is wise. Consider entries on pullbacks or look for confirmation above resistance levels. As always, manage your risk and account for WLD's volatility.

Final Thoughts

Worldcoin's current trajectory looks promising, with bullish patterns and growing investor interest. Whether it hits $1.40, $1.50, or even $8.00 remains to be seen. But one thing's for sure: it's gonna be a wild ride. Buckle up, buttercup!

Original source:ambcrypto

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