WLD Price Up 19% as Smart Money Drop to Record Lows
The price of Worldcoin (WLD) increased by 19% after Donald Trump announced a $500 billion investment in artificial intelligence infrastructure. This surge has reignited interest in WLD, bringing it closer to a potential golden cross on the EMA line, a bullish sign for further gains.
If momentum continues, WLD could test key resistance levels at $2.41 and $2.83, with the potential for a move above $3.16, a milestone not seen since December 2024. However, caution is still needed as indicators such as BBTrend and Smart Money trends indicate that the rally may face challenges to sustain. its power.
Smart Money’s WLD holdings just hit all-time lows
Number of smart wallet holdings World LD It reached a record high of 43 on November 14, with a total of 183 million WLD held. However, this number has been steadily declining and is currently at an all-time low of 26.
It is worth noting that Multicoin Capital alone holds approximately 94 million WLD, reflecting the concentration of funds in a small number of wallets. The decline in the number of smart wallets indicates a shift in distribution dynamics and potential changes in market behavior surrounding WLD.
Tracking smart money is critical because it often belongs to institutional investors or high-net-worth individuals who can significantly influence market trends.
Although smart wallet holdings are currently at an all-time low world currency price A surge, could indicate a decrease in confidence among large holders, or a reallocation of funds to other AI-related tokens such as VIRTUAL, TAO and RENDER and other ecosystems such as Solana.
WLD BBTrend shows positive momentum
world currency BBTrend is currently at 1.8, its highest level in three days. BBTrend is a Bollinger Bands-based indicator that measures trend strength and direction. Rising BBTrend indicates increasing momentum, while higher values generally indicate a stronger bullish trend.
Although WLD’s BBTrend is climbing, it is still significantly below last week’s peak of 6.5, reflecting some weakening from previous upward momentum.
The current BBTrend is 1.8, indicating a positive but weak trend world currency. While price action points to some recovery, relatively low BBTrend levels compared to last week highlight that bullish momentum has not yet fully returned.
This could indicate market caution and WLD will need stronger upward momentum to regain its previous highs or maintain a strong uptrend.
WLD Price Prediction: Can it rise above $3 again?
world currency price surged nearly 19% in the past 24 hours, fueled by the excitement surrounding Donald Trump invests $500 billion in AI infrastructurewhich prominently involves OpenAI and Worldcoin co-founder Sam Altman.
This renewed interest brings WLD closer to a potential golden cross on its EMA line, a bullish signal that could push the price to test resistance at $2.41. If this level is exceeded, WLD could target $2.83. As hype for AI-related tokens continues, it could even test $3.16, breaking above $3 for the first time since December 2024.
However, indicators such as Smart Money Trend and BBTrend suggest that the current rally may lack sustained strength. If momentum weakens, World LD price A pullback is possible to test the $2.11 and $2.01 support levels.
A break below these levels could send the price down to $1.83, suggesting a sharp reversal despite the recent bullish sentiment.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
