Will Worldcoin (WLD) And CORE Tokens Surge 25% As Bullish Sentiment Intensifies?

The volatility in the cryptocurrency market is on a constant rise with top tokens recording constant price fluctuations in their respective portfolios. However, mid-cap altcoins have picked up pace during this time by adding massive valuations to their portfolios.

With the rising uncertainty in the crypto space, will the elite cryptocurrencies lose the dominance race to mid-cap and low-cap altcoins during the upcoming bull rally?

Worldcoin (WLD) Price Displays Increased Price Volatility:

The WLD coin price displayed a strong bullish price action in Q1, resulting in it recording a new ATH in March. Since then, the altcoin has been constantly trading under a bearish sentiment. However, the Worldcoin has regained momentum and hints at a potential bullish reversal in its chart.

The Simple Moving Average (SMA) records a high possibility of a positive crossover in the 1D time frame, indicating an increase in the price action for the altcoin.

Moreover, the technical indicator, MACD, displays a constant decline in the red histogram, highlighting increased buying-over-selling pressure in the crypto market. Furthermore, the averages hint at a potential bullish convergence, suggesting a positive outlook for the Worldcoin price.

If the bulls regain momentum, the Worldcoin will prepare to test its upper resistance level of $5.680. Conversely, if the bears overpowered the bulls, the altcoin will plunge toward its crucial support level of $2.150.

CORE Price Successfully Retests Its Important Support Level:

After trading under a bearish sentiment for about a month, the Core price has successfully regained momentum and has recorded a jump of approximately 6% in valuation. Furthermore, with a Year-to-Date (YTD) return of 165.77%, the Core price displays a strong bullish outlook.

The RSI has successfully retested its oversold trendline, resulting in it recording a bullish bounceback. Moreover, the average shows a high possibility of a positive convergence soon, suggesting the CORE price will continue to rise this week.

If the market continues to trade under a bullish influence, the Core coin price will prepare to test its resistance level of $1.8860. However, if a trend reversal occurs, the CORE crypto to retest its important support level of $1.279 in the coming time.