WLD/USDC, current date - June 7, 2025 (it is important to remember that forecasts on financial markets are never guaranteed):
Analysis of the current situation:
* Price: The current price of WLD is $1.129. Over the past 24 hours, the asset has increased by +6.81%.
* Trends (moving averages):
* MA(7): 1.129 (yellow line) - the price is at the 7-period moving average level, which may indicate short-term consolidation or the beginning of movement.
* MA(25): 1.219 (purple line) - the price is below the 25-period moving average. This indicates that the medium-term trend is still bearish or neutral, and for the resumption of upward movement, the price needs to overcome this level.
* MA(99): 0.975 (blue line) - the price is significantly above the 99-period moving average, indicating a long-term upward trend or that the current decline is a correction within a larger upward movement that started from the level of 0.853.
* Support/Resistance:
* The nearest support level is around $0.942 (apparently the previous low or consolidation zone).
* The nearest resistance level to overcome is $1.219 (MA(25)) and then the area around $1.316. Strong resistance at $1.650 (recent peak).
* Indicators:
* Stochastic (K, D, J): K values: 23.161, D: 22.166, J: 25.151. All lines are in the oversold zone (below 20) but are starting to come out of it (J above K and D). This may signal a potential upward reversal or at least a weakening of the downward pressure.
* Volume (Vol): Current volume 1,123,566.1. The last two candles on the chart have relatively high volume, especially the last green one, which may indicate increased buyer interest.
* MA(5) and MA(10) volume: MA(5) 3,285,420.2, MA(10) 3,640,737.3. The current volume is below both volume averages, indicating that while it is higher than previous periods, it has not yet reached average levels. A strong bullish movement requires an increase in volume.
* OBV (On-Balance Volume): The OBV line has slightly increased after the recent decline, confirming buyer inflow, but it does not yet show strong upward momentum.
* MACD (DIF, DEA, MACD): DIF: -0.012, DEA: 0.021, MACD: -0.033. The DIF line is below DEA, and the MACD is negative, indicating a downward trend. However, the MACD histogram shows a decrease in negative values and is moving towards the zero line, which may signal a weakening of the downward momentum and a potential upward crossover (bullish crossover) in the near future.
Forecast:
Based on the analysis, several scenarios can be proposed:
* Short-term (next 1-3 days): It is likely that WLD will continue to consolidate around current levels or attempt to test the nearest resistance at the MA(25) level of $1.219. If the Stochastic continues its upward movement from the oversold zone and the MACD shows a bullish crossover, there is a possibility of a short-term bounce. An increase in volume on green candles will be a key signal to confirm this movement.
* Medium-term (next 1-2 weeks):
* Bullish scenario: If WLD can break and hold above the MA(25) ($1.219) with increasing volume, the next targets could be $1.316 and then $1.650. This would indicate a resumption of the upward trend.
* Bearish scenario: If WLD fails to break $1.219 and starts to fall, the nearest support will be around $0.942. Breaking this level will open the way for further decline.
Recommendations (general, not investment advice):
* For buying: Consider buying upon breaking $1.219 with volume confirmation, or on a bounce from strong support levels, such as $0.942, if bullish patterns appear there.
* For selling/profit-taking: Consider taking profits at resistance levels of $1.316 and $1.650.
* Risk management: Always use stop-losses to limit potential losses.
* Keep an eye on the news: Important news concerning Worldcoin (WLD) or the overall cryptocurrency market can significantly impact the price.
Summary:
The current situation looks like a potential turning point. After a recent decline, there are signs of weakening bearish pressure (Stochastic, MACD aiming for a bullish crossover). However, to confirm sustainable growth, it is necessary to overcome key resistance levels, especially the MA(25) and the $1.316 level, with significant volume support.
