WLD Price Reaches 5-Month High; Aims to Reclaim $4
Worldcoin (WLD) has been experiencing a strong upward trend since early September, gaining significant momentum over the past 24 hours. The altcoin’s recent gains have pushed its price to five-month highs, with WLD approaching the key psychological level of $4.
This positive price action is driven by new initiatives aimed at boosting growth and increasing adoption, suggesting that the altcoin may continue its upward trajectory.
World currency enters new region
One of the key factors contributing to Worldcoin’s surge is the positive divergence seen in the price DAA (Daily Active Addresses) indicator. This is a strong buying signal because this difference indicates that more users are using the platform, which usually leads to increased demand and higher prices.
WorldCoin has also launched a new World ID passport voucher system in Chile, Colombia, Malaysia and South Korea. This expansion has led to increased demand and user engagement, further fueling the rally.
Market sentiment surrounding Worldcoin is becoming increasingly optimistic as the platform attracts more users and expands its utility. As demand grows, the value of WLD is expected to continue to rise, creating more opportunities for both short- and long-term investors.
Worldcoin’s macro momentum looks promising, with active addresses currently at six-month highs. The surge in active participation indicates rising investor interest in the project. Increased activity and engagement on the network usually indicates growing demand, which is one of the main drivers of WLD’s recent price increase.
The increase in active addresses also indicates that Worldcoin is gaining traction in the crypto community. As more investors and users participate in the platform, the cryptocurrency is laying a solid foundation for continued growth.
This participation is a direct response to the growing demand for Worldcoin’s services, particularly the World ID system, which is gaining momentum in new markets.
WLD Price Forecast: Aim Higher
world currency price It surged 20% in the past 24 hours, breaking the key support level of $3.36. This increase has pushed WLD to a five-month high, indicating a strong upward trend. The current support level is $3.36, and WLD has room to rise and may regain the $4.00 level.
WorldCoin’s next target is resistance at $4.00, which could hold the key to continued growth. If the price manages to break through this level, it could signal a new phase of price appreciation, attracting more investors and boosting confidence in the project. As adoption continues to grow, especially as World ID expands, WLD will likely continue to rise and reach new milestones.
Looking ahead, if current momentum continues, world currency Further gains may be seen in the coming weeks. The combination of increasing adoption and positive market sentiment suggests that the cryptocurrency is well-positioned for long-term growth.
However, if WLD loses support at $3.36, a drop to $2.78 is possible. Losing this support would completely invalidate the bullish argument
Disclaimer
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