Date: Sun, Sept 07, 2025 | 05:40 AM GMT
The cryptocurrency market remains slightly choppy as Bitcoin (BTC) consolidates near $110,000, while Ethereum (ETH) hovers around $4,300 after retreating from its recent high of $4,953. Despite this broader volatility, several altcoins are delivering mixed performances, with Worldcoin (WLD) beginning to flash early signs of strength.
$WLD is trading back in the green today with an impressive 12% jump following its recent falling wedge breakout. More importantly, its latest chart structure suggests that more upside could be on the horizon.
Source: Coinmarketcap
Harmonic Pattern Hints at Potential Upside
On the daily chart, WLD is forming a Bearish Butterfly harmonic pattern. Despite its name, this setup often results in a bullish continuation during the CD leg, especially when the price enters the Potential Reversal Zone (PRZ).
The structure began at point X ($1.649), dropped to A, rallied to B, and then retraced lower to C near $0.8594. Since then, WLD has started recovering and is now trading around $1.01.
Worldcoin (WLD) Daily Chart/Coinsprobe (Source: Tradingview)
A key development is that WLD has just reclaimed its 200-day moving average ($0.993), flipping it into strong support. This move strengthens the case for a bullish continuation.
What’s Next for WLD?
If bulls manage to defend the 200-day MA ($0.993), WLD could push higher toward the PRZ between $1.88 (1.272 Fibonacci extension) and $2.19 (1.618 extension). These levels mark the Butterfly completion zone and could act as major upside targets in the short term.
However, on the downside, a failure to hold $0.831 would weaken the bullish setup and may signal that a new C-point is forming, forcing traders to reassess the pattern.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
