WLD Continues to Rise Above the $2.00 Support Level

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WLD Regains Bullish Momentum as It Continues to Rise over the $2.00 Support Level – July 28, 2023

Worldcoin has stabilized in a range as it continues to rise over the $2.00 support level. The cryptocurrency’s price is now ranging between $2.00 and $2.50. Doji candlesticks, or small-bodied unsure candlesticks, are to blame for the lack of price movement. These candlesticks indicate that both buyers and sellers are experiencing a time of uncertainty.

Worldcoin Price Statistics Data:
• Worldcoin price now – $2.29
• Worldcoin market cap – $256,628,605
• Worldcoin circulating supply – 112,050,395 WLD
• Worldcoin total supply – $22,858,111,686
• Worldcoin Coinmarketcap ranking – #117

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

Following the end of the price rise, WLD/USD has been forced to trade in a range. On July 25, sellers drove the coin down to $1.85 before pulling back over the $2.00 support. The cryptocurrency’s price corrected higher but stuck at the high of $2.50. Today, the crypto asset is trading in a range between $2.00 and $2.50 as it continues to rise over the $2.00 support level.

The price bars in the lower time frame have become caught between the moving average lines.

WLD/USD – 1Hour Chart

If the price of the cryptocurrency asset breaks above the moving average lines or the resistance level of $2.50, it will resume its positive trend. In addition, if the price falls below the present support level of $2.0, the downturn would resume.

Worldcoin Alternatives

WLD/USD has held firm above the $2.00 support, indicating that the altcoin is trading inside a limited range. WLD is in bullish momentum in the lower time frame, but it is stuck in a range. The crypto may rebound while trading in a small range. A breakout will cause the altcoin to rise above the moving average lines and the $2.50 resistance level.

WLD is expected to retest its recent high of $7.51. The fact that WLD/USD is rising suggests that buyers have appeared to push prices higher. Worldcoin may resume another phase of uptrend. On the other hand, WSM tokens appear attractive to investors. The WSM token has gained popularity as the presale price has risen to almost $19 million.

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