Get started

Worldcoin

Phemex Analysis #7: WLD Explodes! But Stay Rational PHEMEX:WLDUSDT.P has experienced a sharp price appreciation following the company's announcement of an extended token unlock schedule for early investors and team members. While such news typically catalyzes upward price movements, it's essential to approach these pump-driven rallies with a critical eye. Historically, price increases primarily driven by short-term enthusiasm and speculation have often exhibited limited sustainability. Unlike rallies grounded in substantial project advancements or fundamental improvements, pump-driven movements are more susceptible to rapid corrections. Given this context, a prudent trading strategy might involve securing profits near key resistance levels at $3.50 and $4.10. These levels represent significant psychological barriers and potential points of profit-taking for short-term traders. However, a contrary perspective could emerge if the asset encounters strong selling pressure at these resistance points. In such a scenario, a potential buying opportunity may arise closer to the support levels of $2.10 and $1.80. These levels could act as areas of demand and potential price reversal. It's crucial to emphasize that this analysis is based on current market conditions and historical trends. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact price movements. As such, diligent risk management and a comprehensive trading plan are paramount. Note: We are excited to announce that our new PULSE 3.0 version has been released! Check it out! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
WLDUSDT Will This Breakout Hold or Collapse? Yello, Paradisers! Are you ready to see if #WLDUSDT's recent breakout will lead to a bullish rally or a sharp decline? 💎#WLD has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum. 💎However, the price hasn't retested yet, and there's a high probability it might pull back to the demand zone at $2.41 before continuing its upward move towards the key supply level at $3.693. A break above this level is crucial for further upward movement toward our target area. 💎But what if WLD fails to break through and faces a hard rejection? In that case, we might see the price fall back into a support-resistance range, leading to sideways movement. Worse still, if WLD breaks below the support line, it could be a bad sign, causing the price to revisit the strong support at $2.066. 💎The bounce at this strong demand area is crucial. If WLD fails to bounce and breaks this support, the bullish scenario will be invalidated, and the price will likely dip further. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
WLDUSDT - Ready for a bullish rebound?After a challenging few months, WLD has dropped significantly in price and now appears to be undervalued. Let's break down the current market conditions and explore a potential long trade setup with a strong risk-to-reward (R:R) Current POC: The price should hold at the current Point of Control (POC) to build up bullish strength. Primary Entry: Enter a long trade at the current price level, focusing on the support at the POC. Stop-Loss Placement: Set the SL just below the POC to ensure a favorable R:R ratio. Target Profit: Aim for a TP at the old trading range, capturing the potential recovery in price.
Long
by SiDec
#WLDUSDT #2h (ByBit) Falling wedge breakout and retestWorldcoin regained 50MA support and is pulling back to it, road to 200MA resistance seems next. ⚡️⚡️ #WLD/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 5.2% Current Price: 2.416 Entry Targets: 1) 2.403 Take-Profit Targets: 1) 2.771 Stop Targets: 1) 2.219 Published By: @Zblaba MIL:WLD #WLDUSDT #2h #Worldcoin #Privacy worldcoin.org Risk/Reward= 1:2.0 Expected Profit= +76.6% Possible Loss= -38.3% Estimated Gaintime= 5 days
Long
by TradingOn
Worldcoin (WLD) : When is the right time to buy?This analysis is in no way a buy or sell offer. Rather, it is only a prediction of the price movement for a market with moderate sentiment. If the price of #Bitcoin ( CRYPTOCAP:BTC ) as an index of crypto market wants to go down, the price of MIL:WLD can also reach lower levels like 2.5$ . The most important drawback of this currency is the issue of inflation. On average, more than one million tokens are added to the circulating supply every day. Of course, this inflation is covered by topics such as staking. The price has corrected about 65% from its ceiling, which can be considered as local low. From the specified low, the price can grow up to around 7.5 $ . Considering the strong foundation of this currency as well as its market makers and holders, we can expect good growth from this currency. Of course, it should be noted that this currency has grown significantly in this cycle. I'd be happy to hear your thoughts on this analysis.
Long
by M2it2M
1
Worldcoin Launches SMPC Erasing Iris Codes: WLD Price Surges 6%Worldcoin's ( MIL:WLD ) price surged by 6% following the introduction of a state-of-the-art Secure Multi-Party Computation (SMPC) system, developed in collaboration with TACEO. This technology ensures enhanced privacy and security for users' biometric data. The Worldcoin Foundation and TACEO have made significant strides in biometric template protection, leveraging advanced cryptographic research and implementation. The system for encrypting iris codes involves dividing each code into multiple secret shares, which are then distributed among various parties. This method enhances the security of biometric data and upholds user privacy. The entire process and technical details have been made open source and accessible in a GitHub repository, promoting transparency and innovation within the community. Worldcoin ( MIL:WLD ) has achieved a new benchmark in privacy protection for biometric data through its latest SMPC system. The successful migration of iris codes to this advanced system has allowed Worldcoin ( MIL:WLD ) to securely delete its previous uniqueness-checking system, including all old iris codes. This transition underscores the platform's dedication to privacy and user data security. The market has shown a positive response, with the price of Worldcoin ( MIL:WLD ) rising to $5.62, reflecting a 5.8% increase within the last hour. With a circulating supply of 210 million MIL:WLD , Worldcoin's market cap now stands at $1.07 Billion which is poised for further gains.
Long
by DEXWireNews