Worldcoin (WLDUSD) Price Forecast: February 19
In line with the current market recovery, the WLDUSD bulls are getting stronger as the coin embarked on an impressive bullish trend. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further climb up to the $5.00 upper resistance level and beyond creating the best crypto signal for the coin holders.
Key Levels:
Resistance Levels: $4.93, $4.94, $4.95
Support Levels: $2.89, $2.88, $2.87
WLD (USD) Long-term Trend: Bullish (Daily Chart)
The Worldcoin market is experiencing a jolly bullish move in its long-term view. The coin bulls are getting stronger as the price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The sustained bullish pressure was able to push the coin price upside to a $4.59 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
Today, the market price of WLDUSD at the $4.95 high level which is above the moving averages as the daily chart opens implies that the price is in an uptrend and from the way it is at the moment, it will keep growing.
The coin is showing signs of increasing momentum at the $4.59 current value which is closer to the overhead resistance, this shows that the bulls are getting stronger at the moment.
Adding to this, there is a tendency for the Worldcoin price to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.500 soon as the bulls are getting stronger in its long-term perspective.
WLD (USD) Medium-term Trend: Bullish (4H Chart)
The bulls are getting stronger as upward pressure still dominates the WLDUSD market in the medium-term time frame. The price currently trades strongly above the moving averages, which affirms its bullish trend.
The bulls made it to a $4.48 resistance level during yesterday’s session and sustained it. This has made it possible for the coin to remain high in recent times.
Today’s market value of WLDUSD at a $4.93 supply value above the moving averages as the 4-hourly session opens today affirms the presence of more buyers in the market, this assures that the bulls are getting stronger as the coin price now faces the upper resistance level.
In addition to that, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of Worldcoin might jump up to the $0.50 upper high level soon in its medium-term outlook.
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