Worldcoin (WLDUSD) Price Forecast: February 23
The WLDUSD pair now trades at the upper resistance area and looks good to buy at the $8.402 level for the coin holders. In case the bull adds more pressure and closes the daily candle above the current price level, the coin price may increase further to a $9.000 high trend line which indeed will be a turnaround and also create the best crypto signal for the coin holders.
Key Levels:
Resistance Levels: $8.000, $7.000, $6.000
Support Levels: $6.000, $5.000, $4.000
WLD (USD) Long-term Trend: Bullish (Daily Chart)
Worldcoin portrays a bullish market trend and also looks good to buy at the current price level in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages with huge volumes from the bulls.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent price dispensation.
The coin trading above the moving averages at the $8.402 resistance level is an indication of a more bullish impact in the market. WLDUSD is trading in a “Rising Channel”, making higher highs and higher lows, showing signs of bullishness, and also looking good to buy. This will enable buyers to influence the price tendency.
In addition, under the influence of this market level, the coin could rise steadily soon and break above the current price level to reach the $9.000upper resistance level soon as we watch the crypto market turn strongly bullish and also look good to buy in the long-term perspective.
WLD (USD) Medium-term Trend: Bullish (4H Chart)
The market value of WLDUSD on the medium-term view looks good to buy as the coin remains strongly bullish above the moving averages. This means that buyers are actively investing in the coin at the moment.
The high bullish impact on the crypto at the $7.191 high level in the previous action has contributed to its bullishness in its recent high.
The Worldcoin pair looks good to buy at the current price level of $8.402 which is seen above the moving average as the 4-hour chart opens today. This will however give the buy traders the tendency to further ladder up the trend.
Further, there is likely to be a potential increase in the WLDUSD’s price soon as the bulls are now clustered around the market. If that occurs, the first upside target could be the $9.000 upper resistance level in its medium-term time frame.
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