#AbuDhabiStablecoin
WLD (WLDUSD) attempts to exhaust its buying saturation – Analysis – 29-04-2025 $WLD
The price of WLD (WLDUSD) has declined during its recent intraday trading, amidst a short-term corrective upward wave, while the positive support resulting from trading above its simple moving average for the previous 50 days continues, as the stock attempts to take profits from its previous gains with this decline, and tries to gain positive momentum by exhausting its clear buying saturation indicated by the relative strength indicators, especially with the start of negative signals emerging from them.
Therefore, our expectations indicate a rise in the price of the currency during its upcoming trades, provided that the support at $0.97571541 remains intact, aiming for the resistance level at $1.58831737.
Expected trend for upcoming trades: Bullish
WLD (WLDUSD) attempts to exhaust its buying saturation – Analysis – 29-04-2025 $WLD
The price of WLD (WLDUSD) has declined during its recent intraday trading, amidst a short-term corrective upward wave, while the positive support resulting from trading above its simple moving average for the previous 50 days continues, as the stock attempts to take profits from its previous gains with this decline, and tries to gain positive momentum by exhausting its clear buying saturation indicated by the relative strength indicators, especially with the start of negative signals emerging from them.
Therefore, our expectations indicate a rise in the price of the currency during its upcoming trades, provided that the support at $0.97571541 remains intact, aiming for the resistance level at $1.58831737.
Expected trend for upcoming trades: Bullish
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WLD
1.073
-5.46%