Worldcoin (WLD): Will it break through $1.84 or is a crash looming?

The emblematic token of the Worldcoin project is currently undergoing a crucial consolidation phase. After a high level of volatility in recent months, the price of WLD seems to have stabilized around $1.23, while investors are waiting for the green light to enter.

Key Resistances and Supports

The narrowing of the Fibonacci Bollinger Bands indicates an upcoming strong movement. With a support forming on the 3-hour chart, this could soon be tested, which could bring WLD to the next support of $1.02, where it would need to rise again.

WLD Chart, FBB Indicator

In terms of resistances, WLD could then encounter $1.72 to initiate an upward rally. A breakthrough of this level could pave the way for a test of the next resistance at $1.84. However, a breakdown below the support of $1.20 could lead to a decline to $1 or $0.90. Investors are closely monitoring these key levels to determine the next price direction of the token.$WLD