Is #Worldcoin on the Brink of Major Breakout or Steep Decline?Yello, Paradisers! Is #WLD on the edge of a major bullish breakout or a steep decline? Let's discuss the latest #Worldcoin's analysis:
💎#WLDUSDT recently broke out of its descending channel resistance, sparking hopes of a bullish continuation. However, the rally is now facing a critical test at the $2.87 resistance level, which has halted upward momentum.
💎This minor resistance zone is a key inflection point; a clean break above it could confirm a bullish trend reversal, paving the way for #Worldcoin to target significantly higher price levels. Such a move would signal market confidence and mark a pivotal shift in market structure.
💎The downside risks, however, cannot be ignored. If #WLD fails to break above $2.87, it may retrace to test the major support level at $1.57. This area, aligned with a previous significant low, acts as a crucial safety net for buyers. A failure to hold this support would likely lead to a retest of the $1.29 demand zone, the final line of defense for bulls.
💎If #WLDUSDT closes below $1.29 on the daily chart, the bullish case would be entirely invalidated. Such a move would confirm a bearish outlook, increasing the probability of forming new lower lows and triggering deeper declines as market sentiment deteriorates further.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
WLDUSD
#WLD/USDT Ready to go up#WLD
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.13
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.30
First target 2.37
Second target 2.60
Third target 2.84
#WLD/USDT#WLD
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 1.90
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.99
First target 2.14
Second target 2.30
Third target 2.44
#WLD (SPOT) entry range (1.550- 1.950) T.(8.000) SL(1.532)BINANCE:WLDUSDT
entry range ( 1.550- 1.950)
Target1 (3.600) - Target2 (4.590)- Target3 (6.000)- Target4 (8.000)
SL .1D close below (1.532)
Golden Advices.
**********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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#WLD/USDT#WLD
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 2.17
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.20
First target 2.38
Second target 2.52
Third target 2.63
WLD | WORLDCOIN & Sam Altman 🌎What if I told you, all you need to do to get free money is to look into this Orb! would you do it?
Worldcoin wants to give everyone free crypto in exchange for scanning their eyeballs which at this time, over 2 million people have signed up
The project has garnered serious attention and has early investors such as Andreesen Horowitz, Coinbase Ventures, LinkedIn Cofounder Reid Hoffman, Solana founder Anatoly Yakovenko,
Polkadot founder Gavin Wood and even the infamous degen SBF himself!
In March 2022, a funding round brought Worldcoin’s valuation to an eye watering $3 billion.
The price of Worldcoin is $2.2 today with a 24hour trading volume of 300 million dollar but
Why are VCs pouring money into Worldcoin and why does Worldcoin want your eyeballs ?!
Tools for Humanity, the company behind Worldcoin, is co-founded by Alex Blania and Sam Altman.you might be more familiar with Sam as he is also the founder behind OpenAI, the company behind the AI chatbot ChatGPT, which took the world by storm since its release in November last year.
The wild success of ChatGPT also spawned an AI arms race between tech giants, which probably
means AI will only get more advanced from now.
The rapid advancement in AI is now worrying the public as AIs are now able to ace the SAT, create increasingly convincing deepfakes, and probably most concerningly, remove the need for humans in the workforce.
Perhaps it’s a coincidence, but Sam has a solution for the identity problem as well as for aiding people whose jobs are taken by AI…Worldcoin. In a world set to be increasingly impacted by AI, Worldcoin purportedly aims to provide individuals a way to verify ‘personhood’ as well as access to universal basic income.To achieve this, Worldcoin is attempting to create a global digital identity and financial network using blockchain technology.
Worldcoin is currently testing its smart contract on the Polygon Network but is in collaboration
with Ethereum Layer2 Optimism to build on and migrate to its network.The team has launched World App in May, a non custodial wallet which enables its users to transact with the Worldcoin token and a few other cryptos, as well as interact with dApps on the Ethereum ecosystem.
However, the key feature of World App is enabling World ID,Its is a global digital passport that allows users to prove their identity while preserving their private information through the use of cryptography and zero knowledge proofs.
World ID can help establish ‘proof of personhood’,meaning to prove that someone is a real, unique human. Proof-of-personhood could be useful to prevent the spread of misinformation by realistic AI-generated content, as well as limiting Sybil-attacks, which are basically online attacks where a single attacker assumes multiple fake identities to gain influence over a network.
As World ID gets more adoption, it’s meant to be used as a method to sign in to websites, mobile apps, and crypto dApps, perform actions such as voting in DAOs or even government elections, as well as receiving aid from NGOs and government programs.
As of now, to obtain a verified World ID,users are required to gaze into the infamous Orb.
The Orb will perform an iris scan and a machine learning algorithm within the Orb will ensure
that the eyeballs scanned are indeed real human irises and not something else, like colored contact lenses or... a cat.
Then the iris scan will be converted to a hashcode or as Worldcoin calls it, ‘IrisHash’. As soon as the code is generated, the Orb supposedly deletes any images from the scan. Within the Orb, the IrisHash is encrypted with a private key before being uploaded on-chain and cross-checked with the existing catalog of IrisHashes.
If the IrisHash does not match any records,it will be added to the catalog. When Worldcoin launches, each verified World ID owner will then be eligible to claim their one-time airdrop of MIL:WLD tokens. which worth 50$ right now
Many have asked why World ID needs iris scans for proof-of-personhood.Supposedly, it’s because the human iris has a very high degree of randomness, making it a much more effective biometric than faces or fingerprints to differentiate between billions of individuals and establish proof-of-personhood.
Unsurprisingly, Worldcoin’s decision to create a global digital identity network using iris scans has raised a lot of eyebrows, understandably so due to its uncanny similarity to what you’d
see in a Black Mirror episode.
Just as Worldcoin was introduced back in October 2021, NSA whistleblower Edward Snowden slammed the use of iris scans. Although Worldcoin has promised that the iris scans will not be saved, Snowden pointed out that the hashcodes produced by these scans are still saved and would match future scans, and that the use of zk-proofs doesn’t justify the use of biometrics for anti-fraud.
There is also pushback from the crypto community- some argued that the ability to use multiple
accounts in Web3 for privacy is a feature, not a flaw; and though most agreed that Web3 is in need of protection against sybil-attacks, it is not necessary to have 100% sybil-resistance
as long as there is a method that can prevent a large enough percentage of sybils.
Additionally, MIT Technology Review released a damning report last year against Worldcoin
on the revelations upon investigating Worldcoin’s field testing.Much of its early field testing is conducted in poorer, developing countries such as Indonesia,Sudan and Kenya where data privacy regulations are weaker and whose communities were the most financially impacted by the pandemic.
The lengthy report revealed that Orb operators were given limited information during recruitment, other than being made aware that their payment is based on the number of signups they achieve.
Operators were then employing strategies such as hosting giveaways of cash and Airpods to encourage sign-ups while providing participants little information on Worldcoin’s campaign.
On top of that, Worldcoin claimed that only an iris scan is needed for sign-ups.However, orb operators also requested email addresses and phone numbers of participants, which a Worldcoin representative denied as part of the data collection practice.
A black market for verified iris scans has even popped up in China where the Worldcoin app isn’t supposed to be available, though the Worldcoin team is attempting to contain the issue.
Furthermore, the project was found to have made contradictory claims of compliance with EU data regulations and was accused of lacking transparency in its data collection practices.
While it seems that Worldcoin is neck-deep in controversies, the project has just received
another $115 million in a series C funding round last month. Onboarding billions of people to create a global digital identity and financial network to distribute universal basic income is a tall order.
With the backlash it's getting from its field-testing and many wondering if Worldcoin is simply
a cover for mass data collection, it remains to be seen whether Worldcoin can deliver on their promises.
Unlike offshore exchanges, none of the U.S.-based cryptocurrency exchanges such as Coinbase Kraken has Worldcoin listed. Worldcoin notes that WLD tokens are not available to persons or companies residing in the United States, however World ID and TFH's World App are still available in the United States.
also the founder of the security agency Slow Mist said that if Worldcoin succeeds, it will be an evil product, but there is a high probability of failure. the iris is almost the most stable and long-lasting unique mark of human beings. The promise of the Worldcoin white paper is good, but it is still possible for hackers to paint a portrait through the hash information!
#WLD\USDT#WLD
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 2.10.
Entry price 2.18.
First target 2.31.
Second target 2.48.
Third target 2.67.
#WLD/USDT#WLD
The price is moving in a descending channel on the 4-hour frame and is sticking to it greatly and is about to break upwards
We have a bounce from the lower limit of the channel at 1.60
We have a downtrend on the RSI indicator about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.67
First target 1.80
Second target 1.95
Third target 2.20
#WLD/USDT#WLD
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.70
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.75
First target 1.85
Second target 1.97
Third target 2.11
WLD interesting area!WLD / USDT
Price is in downtrend since 6 months
With 4 strike at the trendline resistance
Now price is becoming interesting again as we looking for the 5th strike soon
If we breakout there and consolidate above it will be great bullish wave, I will be a buyer if such scenario happens
Best of wishes
#WLD 2ND scenarioMIL:WLD in case of failing the 1ST scenario so the
2nd scenario will be like that
re-entry range ( 1.028 ---- 1.268 )
Stop loss ... daily close below ( 0.971)
targets and taking profits are same
#WLD
MIL:WLD
#WLDUSDT
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD ****
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BINANCE:WLDUSDT
#WLD in a good buying range for a huge profit and small stoploss#WLD
MIL:WLD
#WLDUSDT
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#Investing_Coins
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD ****
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BINANCE:WLDUSDT
WLD buy/long setupAfter many drops, WLD is approaching the origin of the movement and a swap zone.
We are looking for discount ranges for buy/long positions.
We are looking for buy/long positions in the swap range. The swap range is actually within the discount range.
Closing a daily candle below the invlidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WLD: Investment Analysis and StrategyWorldcoin (WLD) is trading at $2.318. Here’s a detailed analysis based on the provided charts and data.
Technical Analysis
Price Trends and Resistance Levels:
The trading volume is 511.987K WLD, indicating active trading but lower liquidity compared to larger cryptos like SOL.
Slightly bearish, with a histogram value of -0.003, MACD line at 0.040, and signal line at 0.043, suggesting caution.
%K at 48.52 and %D at 51.25, indicating a neutral stance.
The RSI stands at 56.93, suggesting that WLD is neither overbought nor oversold.
Fundamental Analysis
Market Position and Adoption:
Worldcoin is gaining attention for its unique approach to identity verification and decentralized finance. Its adoption and utility within its ecosystem are key drivers for long-term growth.
Technological Advancements:
Worldcoin’s innovative use of biometrics for identity verification and its integration into various DeFi applications provide it with a unique market position.
Ecosystem Growth:
The growth of Worldcoin’s ecosystem, including partnerships and new use cases, will be crucial for its long-term success.
Market Sentiment
Market sentiment for WLD is cautiously optimistic, with neutral technical indicators and a slight bearish signal from the MACD. Investors are watching for signs of a breakout from the descending trendline or a stronger confirmation of support.
Potential Market Scenarios
Bullish Scenario:
A decisive break above the $2.468 resistance could lead to further upward movement, potentially targeting higher resistance levels.
Bearish Scenario:
If WLD fails to break above the descending trendline and local resistance, it could retest the support levels at $2.287 and $2.106. A break below $2.106 could signal further declines.
When to Buy Worldcoin (WLD) for Long-Term Investment
Current Situation:
Given WLD's current price and the technical indicators, a cautious approach is advised.
Optimal Buying Strategy:
Wait for a Breakout or Dip: Watch for a breakout above $2.468 for bullish confirmation or wait for a dip towards the solid support level at $2.106.
Consider DCA Strategy: To mitigate the risk of market timing, consider a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals.
Conclusion and Market Outlook
Worldcoin (WLD) is currently navigating a critical range with significant support and resistance levels to monitor. While technical indicators suggest a neutral to slightly bearish short-term outlook, the long-term potential remains dependent on ecosystem growth and broader market conditions.
Impact of Bitcoin:
It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including WLD. Monitoring BTC's price action is vital for understanding potential risks to WLD's price movements.
#WLD/USDT#WLD
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 2.05
We have a trend to stabilize above the moving average 100
Entry price 2.10
First target 2.23
Second target 2.33
Third target 2.45
WLD perfomance 7 months in 2024We have seen a sharp decline in altcoins recently. Including WLD. Looking at the whole process, WLD had a very strong price increase and then fell again. What are the buying and selling points? With the S1-TM strategy, we had 48 closed orders s, with a net profit of ~190% (including commissions). This is quite acceptable for autotrade.
NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
#WLD/USDT#WLD
The price is moving within a bearish channel pattern on a 4-hour frame and broke it upward after adhering to it significantly.
We have a downtrend on the RSI indicator, and it has been broken to the upside, and we have a trend to hold above
We have a major support level in green at 2.10
We have a trend of domes above the Moving Average 100
Entry price 2.22
The first target is 2.55
Second goal 2.86
Third goal 3.20
#WLD/USDT#WLD
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the green support area at 1.67
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price 1.73
First goal 2.10
Second goal 2.44
The third goal is 2.85
WLD is super bullishIf you missed the ONDO pump, buy the WLD symbol.
A large price structure is a bullish diagonal.
Wave F itself is a diametric, we are at the end of wave g of F.
There will be a bullish G wave ahead.
WLD is in the field of AI and its waves are very bullish.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You