WLD Price Prediction 2024: Will WLD Reach $2.70 by November 14?

WLD price is expected to rise by 30.03% in the next 5 days according to our Worldcoin price prediction. WLD is trading at $2.04 after gaining 6.62%

Worldcoin (WLD) price is up 6.62% in the last 24 hours, trading at $ 2.04. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.20% in the same time period. WLD performed well against BTC today and recorded a 6.76% gain against the world’s largest cryptocurrency.

According to our Worldcoin price prediction, WLD is expected to reach a price of $ 2.70 by Nov 14, 2024. This would represent a 30.03% price increase for WLD in the next 5 days.

Buy/Sell Worldcoin

What has been going on with Worldcoin in the last 30 days

Worldcoin has been displaying a positive trend recently, as the coin gained 21.22% in the last 30-days. The medium-term trend for Worldcoin has been bullish, with WLD increasing by 18.34% in the last 3 months. The long-term picture for Worldcoin has been positive, as WLD is currently displaying a 20.26% 1-year price change. On this day last year, WLD was trading at $ 1.70.

Worldcoin reached its all-time high price on Mar 10, 2024, when the price of WLD peaked at $ 11.78. The current WLD cycle high is $ 2.64, while the cycle low is at $ 1.30. WLD has been displaying high volatility recently – the 1-month volatility of the coin is at 10.58. Worldcoin recorded 12 green days in the last 30 days.

Worldcoin technical analysis for today - Nov 09, 2024

The sentiment in the Worldcoin markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.84, $ 1.77 and $ 1.68, while $ 2.01, $ 2.09 and $ 2.17 are the key resistance levels.

Neutral sentiment for Worldcoin

17 indicators are currently signaling a bullish prediction for Worldcoin, while 7 indicators are showing a bearish forecast. With 71% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Worldcoin.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed†reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear†reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Worldcoin moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Worldcoin is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Worldcoin is at 45.39, suggesting that WLD is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Worldcoin over the last 50 days. Currently, Worldcoin is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WLD closing price for the last 200 days. WLD is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Worldcoin prediction

After considering the above factors, we can conclude that the current forecast for Worldcoin price prediction is Neutral. WLD would have to increase by 30.03% to hit our $ 2.70 target within the next five days. Moving forward, it will be important to monitor the WLD market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable

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