Worldcoin (WLDUSD) Price Forecast: February 27
Despite the broader market uncertainty, potential correction looms over the WLDUSD as it reaches its buying time. The coin is facing high pressure from the bulls. Conversely, if the coin prices sustain above the current price level at $9.426, the bulls’ trend would continue upward and possibly hit the$10.000 upper high level. Thus, a clear buy signal for the coin investors and the best crypto signal for the coin holders.
Key Levels:
Resistance Levels: $7.000, $8.000, $9.000
Support Levels: $5.000, $4.000, $3.000
WLD (USD) Long-term Trend: Bullish (Daily Chart)
Worldcoin turns positive and reaches its buying time today. The price is trading in a bullish momentum above the EMA-50 in its higher time frame. This looks nice for the buy trader and signifies a buy signal.
The persistent buying pressure by the bulls in the last few days has made it possible for the coin market to retain its bullish strength in its recent high.
After completing the dip-lows by sellers, an additional effort was added by the bulls and the price jumped up to a $9.426 high mark above the EMA-50 approaching the upper high level as the daily chart opens today. This suggests an uptrend as well as its buying time. So, should you avoid buying this hike?
Adding to that, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected that buyers to push the price of WLDUSD further up to a significant level and in this case, the target might be the $10.000 supply level as the token reaches its buying time in the higher time frame.
WLD (USD) Medium-term Trend: Bullish (4H Chart)
On the medium-term view, the price is moving in an uptrend and also suggests its buying time. This is clear as we can see prices making higher highs and moving towards their major resistance.
Pressure from the bulls at the $8.462 high value in the previous action has sustained its upward stability in its recent high.
The WLDUSD price reaches its buying time at the $9.426 resistance level above the EMA-50 as the 4-hourly chart opens today. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
Hence, Worldcoin is showing more upside possibilities as shown by the momentum indicator pointing upward; we can certainly expect more gains and strength from the coin. The pair may likely reach the $10.000 resistance level soon as the crypto reaches its buying time in its medium-term perspective.
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