Worldcoin Price Action and Market Activity Signal Strengthening Support

WLD price action on multiple timeframes suggests that the asset may be entering a bullish phase, with market participants closely watching the $2.00 level as a possible upside target

Worldcoin (WLD) price action across multiple timeframes suggests that the asset may be entering a bullish phase, with market participants closely watching the $2.00 level as a possible upside target if current momentum continues.

After a period of decline earlier in the year, the weekly chart is showing signs of a recovery trend. This is characterized by a series of higher lows and gradually rising weekly closes.

Following a decline to lows near $0.42 at the lower Bollinger Band, WLD has climbed past the middle band (Basis) around $1.14. It is currently trading at approximately $1.42.

This move indicates improving technical conditions, although the asset remains below key resistance at the upper Bollinger Band, which is currently around $1.87.

Source: TradingView

Momentum indicators further support this shift. The MACD (12,26) has recently completed a bullish crossover above the signal line and emerged from negative territory.

Additionally, the MACD histogram has turned positive, showing increasing upward pressure. These signals are typically seen as early indicators of trend change, especially when they are confirmed by sustained price action.

Despite these developments, WLD is still trading within a broader range, having bounced off the lower band and is yet to break above the upper band.

To confirm a long-term uptrend, the price must break above the $1.87–$2.00 resistance area on strong volume. Until such confirmation occurs, the market is in a state of cautious optimism.

Continued monitoring of volume trends, open interest and reaction to resistance levels will be critical in assessing whether WLD can extend its gains toward the $2.00 mark.