Worldcoin Price Prediction as WLD Closes at $5 – Is It Time to Buy?#BTC#altcoins#BinanceLaunchpool#ScamRiskWarning#BullorBearWLD has jumped 5% in the last 24 hours, with Worldcoin price moving to $4.74 as the cryptocurrency market enjoys another day of recovery today.
Despite this increase, Worldcoin remains down 1% in a week and 32% in the last 30 days, with the altcoin – founded by OpenAI CEO Sam Altman – also down 59% from its all-time high of US$ 11.74 (March 10). , 2024).However, the fact that WLD has underperformed in recent time frames should mean that it will continue to recover in the coming days and weeks, with the broader market likely helping it recover.Based on the Worldcoin chart, it now looks like a very good time to buy the token, with its indicators suggesting that it is at the beginning of a short-term rally. For example, its relative strength index (purple) has risen from 25 at the end of April to 60 today, and it looks like it will continue to rise in the near term. Also bullish is WLD's 30-day average (orange), which is rising toward the 200-day average (blue) and looks poised to rise above the long-term average very soon. And while Worldcoin's volume is still relatively low at $200 million today, the lack of depth makes the coin ripe for a big swing. In the short term, Worldcoin should recover along with the rest of the market, which appears to be regaining some momentum after being hit earlier this week. This was largely due to fears that the Fed might even raise rates during its FOMC.
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