Worldcoin (WLD) price rises as AI increases! Will WLD Price Hit $9 in May?
Post-Worldcoin (WLD) Price Rises According to AI Hypes! Will WLD Price Hit $9 in May? appeared first on Coinpedia Fintech News
The cryptocurrency industry continues to exhibit bullish prices, indicating increased buying pressure in the crypto space. Furthermore, major altcoins successfully recorded a bullish reversal on their respective charts, suggesting a positive outlook for the market this week.
On the other hand, WLD price successfully concluded the previous week on a bullish note, adding approximately 27% to its portfolio. Furthermore, the altcoin recorded a 16.24% jump in the last day, highlighting a positive start to the week.
WLD price suggests bullish price action this week:
After exhibiting a neutral trend in the first month of 2024, Worldcoin price witnessed a significant increase in its valuation as bullish sentiments for the AI category increased. This resulted in the WLD token jumping over 455% and recording a new all-time high (ATH) of $11,820 on March 10.
After that, the bulls lost momentum and recorded a 62.775% correction in valuation. Since then, the Worldcoin token has been trading in a tight range between $4.40 and $6.025.
Positively, the 50-day EMA shows a bullish convergence in the 1D period, suggesting a strong possibility of positive price action for this altcoin in the coming times.
The technical indicator, MACD, displays a rising green histogram, indicating a strong positive influence on the crypto industry. Furthermore, the averages show a bullish curve, suggesting that the price will continue to gain value during this week.
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