Worldcoin (WLD) Displays a Classic Bullish Pattern : Is a Breakout Imminent ?

The Worldcoin token (WLD) has shown impressive strength with an increase of over 69% in the last 30 days, for a daily gain of nearly 6%. Currently trading around $1.20, it is flirting with a key technical area to watch closely according to many crypto analysts.

The daily chart of WLD displays the formation of a well-known pattern: the cup and handle. This is a typical figure analyzed in technical crypto trading and often serves as a continuation pattern, usually indicating a major bullish continuation.

Technical Analysis : How Far Can the Token Go ?

The “cup” part of this pattern formed following a clear rejection at the $1.26 resistance seen in late February 2025. This rejection led to a sharp correction of over 54%, bringing the price down to $0.57 on April 7th — a level that now appears to mark a major low.

Since this low point, WLD has started a gradual recovery, steadily forming the “handle” of the pattern. This construction is notably based on a technical bounce on the 50-day daily moving average (MA50), highlighted on the charts by a red circular zone.

The entire structure remains technically valid and well-formed, and the FBB indicates a tightening of the Bollinger bands, reinforcing the likelihood of an imminent explosive move if certain conditions are met.

The $1.26 zone forms a major resistance already tested several times in the past. A daily close above this level, followed by a confirmation (retest validated as support), would formally trigger the bullish pattern, paving the way for a strong technical impulse.

If the breakout of the $1.30 zone is confirmed with increasing volume, the technical model suggests a theoretical price extension towards the $1.90 to $1.95 area, then between $2 and $2.20. This would represent a potential increase of over 62% from current levels.

Is it a Good Time to Buy ?

In the current context of the overall crypto market rally, with many altcoins also starting to show signs of breakout (see AVAX or SHIB), Worldcoin could be part of a sustained bullish trend.

Worldcoin (WLD) currently enjoys favorable technical conditions, coupled with renewed general interest in altcoins. With a well-defined “Cup and Handle” formation and an imminent test of the $1.26 resistance, the upside potential is substantial.

$WLD is breaking the sell wall.If it breaks the sell wall, the next is $2.6.

For crypto investors seeking an opportunity to enter a high-potential altcoin, WLD definitely deserves active monitoring in the coming days. According to CW8900, if WLD manages to break this resistance, the next target would be around $2.60, representing an increase of over 100%.

Here is a guide to buy the token on Bitget: