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As of February 16, 2025, #Worldcoin Worldcoin (WLD) is trading around $1.23 USD, with an intraday high of $1.25 USD and a low of $1.22 USD. #WLD 🚨
📊Summary of Technical Analysis:
General Trend: According to TradingView, the summarized technical rating for Worldcoin is sell. It's important to note that market conditions are constantly changing; according to its weekly analysis, the sell trend prevails, and the monthly rating shows a sell signal.
Moving Averages: Investing.com analysis indicates a sell signal in the moving averages, with 12 indicators in sell and none in buy.
📶Technical Indicators:
RSI (Relative Strength Index): The RSI is at 40, indicating a sell condition.
MACD: The MACD shows a bearish trend, suggesting a possible continuation downward.
ADX: The ADX is at 25, indicating a weak trend.
Williams %R: The Williams %R is at -80, suggesting that the asset is oversold.
CCI: The CCI is at -100, indicating a possible upward reversal.
🔛Supports and Resistances:
Immediate Support: $1.20 USD, the level where WLD has recently found support.
Key Resistance: $1.30 USD; a breakout above this level could lead the price towards $1.35 USD.
🪙Entry Strategies:
Long Entry (Buy): If the price exceeds and consolidates above the resistance of $1.30 USD, a long entry could be considered, with targets at $1.35 USD and $1.40 USD.
Short Entry (Sell): If the price falls below the support of $1.20 USD, a short entry could be evaluated, targeting levels of $1.15 USD and $1.10 USD. #WorldCoin.