WLD Rises Vertically and Reaches an All-Time High of $7.51

On Jul 27, 2023

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WLD Is Regaining Ground as It Reaches an All-Time High of $7.51 – July 26, 2023

Worldcoin is on the rise as it reaches an all-time high of $7.51. The crypto, however, dropped below $2.60 as the positive momentum could not be maintained at the recent high. Worldcoin has resumed its sideways movement beneath the $2.80 resistance mark.

Worldcoin Price Statistics Data:
• Worldcoin price now – $2.26
• Worldcoin market cap – $249,426,764
• Worldcoin circulating supply – 110,601,455 WLD
• Worldcoin total supply – $22,564,915,000
• Worldcoin Coinmarketcap ranking – #118

Resistance Levels: $3.00, $3.50,$4.00
Support Levels: $2.00, $1.50, $1.00

On July 24, the cryptocurrency asset rose above the $0.15 support level and reached a high of $7.51. The altcoin’s recent gain was short-lived, as it fell below the $2.80 resistance mark. WLD/USD has been forced to trade sideways as the cryptocurrency fluctuates between $2.00 and $2.80.Today, the altcoin recovered to a high of $2.64 before being repulsed.

The upward movement has been capped below the current peak. The altcoin is currently caught between the moving average lines in the lower time frame.

WLD/USD – 4 Hour Chart

WLD is above the 50-day simple moving average but below the 21-day simple moving average as it reaches an all-time high of $7.51. When the moving average lines are broken, Worldcoin will trend. For the time being, the cryptocurrency will be limited between the moving average lines.

Alternatives to Worldcoin

Worldcoin is regaining ground above the $2.00 support level as it begins its sideways trend. The price of the altcoin is currently between $2.00 and $2.80. The 21-day SMA and the resistance around $2.80 are impeding the cryptocurrency’s upward movement. If buyers clear the resistance at $2.80, WLD/USD will resume its positive trajectory.

Furthermore, the altcoin has plummeted and is approaching the market’s (crypto) oversold region. The WSM token presale is still going on, and investors are likely to be drawn in if the cryptocurrency market becomes oversold. When the crypto market is oversold, buyers will emerge. So far, the presale has raised approximately $18 million.

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