Date: Wed, Sept 03, 2025 | 02:50 PM GMT
The cryptocurrency market is regaining its ground as Ethereum (ETH) climbs above $4,450 today from its recent low of $4,221. Following this recovery, several altcoins are showing early signs of strength—including Worldcoin (WLD).
$WLD is trading back in the green today, and more importantly, its chart is now displaying a key bullish pattern that hints at a potential breakout in the sessions ahead.
Source: Coinmarketcap
Falling Wedge in Play?
On the daily chart, WLD is shaping a Falling Wedge pattern, a setup often seen as a bullish reversal structure that signals the end of a downtrend and the start of upward momentum.
The latest rejection from the resistance trendline pushed the price down toward its support base near $0.832, where buyers stepped in strongly. This defense sparked a rebound, with WLD now bouncing back to $0.897, just below its wedge resistance.
Worldcoin (WLD) Daily Chart/Coinsprobe (Source: Tradingview)
This positioning suggests that a breakout attempt may be on the horizon.
What’s Next for WLD?
If WLD breaks decisively above its wedge resistance and reclaims the 200-day moving average ($0.99), it would serve as a strong bullish confirmation. From there, momentum could accelerate, with the next technical target around $1.40, based on the wedge’s measured move projection.
On the flip side, if WLD fails to sustain buying pressure and slips back, the $0.825 support level will be critical.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Also Read: Is Cosmos (ATOM) Poised for a Breakout? Key Pattern Formation Suggests So!
