Worldcoin validates a breakout following prolonged consolidation, leading price action to exceed the $1.40 level with momentum.
Trading volume surged over 273% in 24 hours, signaling strong market conviction and institutional participation.
Market cap expanded to $3.98B, with future targets set around $2.20, $2.80, and $4.00 based on resistance zones.
Worldcoin has confirmed a breakout after weeks of consolidation, reclaiming momentum on the 2D chart with strong volume support and expanding ranges that now open the pathway to higher resistance zones in the coming sessions.
Symmetrical Triangle Breakout Confirmed
Crypto analyst Jonathan Carter (@JohncyCrypto) stated that Worldcoin had completed a symmetrical triangle breakout on the 2D chart. According to Carter, the pattern had developed after extended consolidation, creating the conditions for stronger follow-through once resistance was cleared.
Source: JohncyCrypto via X
Price has crossed the top of the triangle and regained the 50-day moving average. This technical event shifted the market from compression to expansion, setting Carter gave projections of $1.40, $2.00, $2.80 and $4.00 which are structured levels that traders can follow.
The triangle breakout was also supported by volume dynamics. The Volume Profile showed thin liquidity pockets up to $2.00, which allowed price to accelerate quickly once the $1.40 level was surpassed. Beyond that range, liquidity begins to thicken, indicating that digestion near the mid-$2 zone could emerge before another attempt higher.
Momentum and Technical Validation
Momentum indicators have aligned with the breakout. The RSI on the 2D chart has pushed above the midline with upward slope, suggesting that the rally is part of a broader bullish phase. This separates the move from simple mean-reversion rallies and confirms trend continuation.
Trading volume on the breakout candle rose significantly compared to prior sessions. This increase in participation added credibility to the move and ruled out a low-liquidity spike. Stronger volume generally accompanies sustainable breakouts and helps establish confidence in higher price objectives.
Measured targets provide additional context for price development. The initial projection extends into the low-$2 range, while Fibonacci extensions between $2.50 and $3.00 overlap with Carter’s $2.80 waypoint. The broader resistance zone near $4.00 remains the key level where supply concentration could slow momentum.
Market Structure and Price Expansion
The price of Worldcoin increased 54.98% in a single day and reached $1.97 as of writing. Meanwhile the 24-hour trade volume rose to 3.39B, or 273.77%. The sharp expansion confirmed the technical breakout with matching market participation.
Market cap also advanced strongly, now valued at $3.98B. This rise occurred alongside a fully diluted valuation of $19.73B, reflecting future supply considerations. The circulating supply is 2.01B WLD, rendering short-term movements more responsive to the trading activity.
The intraday charts have higher lows after the breakout at $1.53 and this indicates that there is continuation and not a one-day spike. The immediate targets of interest are 2.20 and 2.80 with the 3.90-4.00 resistance zone being the final target unless wider momentum expands further.
