$WLD Critical Updates🔴 WLD is in a bearish phase, struggling below key resistance levels. . However, it has broken the $2.40 support, eyeing the next support at $2.20. The RSI at 27 suggests an oversold state, hinting at a possible price rebound if sentiment shifts. This is a typical crypto market fluctuation. In just 2 days WLD decrease 18%. In coming days if WLD will breach the $2.57 resistance; success could push it towards $2.68 Moreover, WLD will initiate a major linear unlocking on July 24, releasing about 6.62 million tokens daily for 730 days, valued at roughly $18 million. This could sway prices, introducing volatility as the market digests the additional supply. Investors should stay informed and manage risks during this period. $WLD WLDUSDT Perp 2.352 -0.25% #US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
According to the market trend of demand in supply it affects the price of the commodity making it to increase or decrease ... for instant the upcoming world coin grants will cause a decrease in price of one coin due to high supply of commodity which is "world coin."
This explains that when supply is available in large quantitiesthe price will drop significantly.