#ProjectCrypto Technical Analysis of WLD (Worldcoin) -
The WLD currency has witnessed notable price fluctuations in recent times, with volatility around key support and resistance levels. The price is currently trading near an important support level at around $1.8, which it has maintained in previous sessions, indicating the possibility of a positive rebound if this level is reinforced. Technically, the Relative Strength Index (RSI) is hovering around 45, indicating a neutral state with a slight tendency toward overselling, which could open the door for increased buying. The simple moving averages of 50 and 200 indicate convergence, suggesting a potential trend change in the near future. Trading volume has started to increase, which enhances the likelihood of larger price movements. Overall, traders are advised to wait for a clear break of the resistance level at $2.3 before taking new buying positions, with caution regarding market volatility.