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Worldcoin Traders: Why You Might Want to Bet on a 20% Price Surge This Week!

BBG News
  • WLD’s charts are throwing a tantrum, signaling sellers in charge. But hold up, don’t bail just yet!
  • Despite the drama, a short-term rally could still make a surprise appearance. Maybe.

Worldcoin [WLD] has lost a jaw-dropping 17.65% of its value in just three days. You’d think the crypto gods were punishing it for something! But wait—while the charts scream “bear,” there could be a teeny tiny buying opportunity lurking. Not for the faint of heart, though—this is a trader’s game, not a long-term investor’s dream.

Why the sudden change of heart? Well, the possible partnership with VISA could give WLD a shot of adrenaline this week. And who doesn’t like a plot twist, right?

WLD’s Bearish Streak is Strong, But What if $0.80 Support Decides to Save the Day?

So, let’s talk about the chart. The $1 mark has been a major party pooper for WLD since February, flipping from a hopeful level to one that screams “stay away” for long-term bulls. January wasn’t much better either, when the $1.5 area went from being the hero to the villain.

Things have been looking gloomy for WLD since early 2025 when it broke below the $2 level. That was a crucial level from the end-of-2024 rally, which—surprise, surprise—has now vanished like your last paycheck after a shopping spree. 🛍️

The RSI (Relative Strength Index, aka the “mood ring” of the market) has been stuck below 50 since January, showing just how persistent this bearish party is. Meanwhile, the OBV (On-Balance Volume, aka “how much is being sold”) has been on a steady downtrend. Basically, sellers are in control. 🏴

But here’s the kicker—over the past three weeks, WLD’s OBV showed a slight “recovery.” Maybe some brave souls are accumulating, but don’t pop the champagne just yet—this doesn’t mean the trend is about to flip. The daily chart still screams “bearish vibes.” 🐻

Let’s move on to the 4-hour chart. It’s like watching a soap opera: three weeks of consolidation drama! WLD’s been bouncing between $0.81 and $0.97 like it’s trying to figure out whether to break up or stay together. The middle ground at $0.89 has been the main battleground all month.

And despite the recent nosedive, the RSI hit 29—hello, oversold territory! There’s a glimmer of hope for a bounce. The OBV hasn’t totally thrown in the towel yet, so that $0.81 support could just make a comeback. Hold onto your hats!

In other words, while the past week has been a bit of a disaster, Worldcoin might just be setting up for a nice little swing trade. If you like living on the edge, that is. 🎢

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2025-03-29 21:13

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