WLD Price Faces Bearish Pressure Despite Strong Bullish Trend – Worldcoin Technical Analysis
The post WLD Price Faces Bearish Pressure Despite Strong Bullish Trend – Worldcoin Technical Analysis appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Sep 20, 2025 08:19
Worldcoin (WLD) trades at $1.50 after a 3.59% daily decline, but maintains position above key moving averages with neutral RSI signaling potential consolidation ahead.
Quick Take • WLD currently trading at $1.50 (-3.59% in 24h) • Worldcoin’s RSI remains neutral at 57.89, suggesting consolidation phase • No significant catalysts in past week, focus shifts to technical levels What’s Driving Worldcoin Price Today? The WLD price action over the past 24 hours reflects broader market sentiment rather than specific Worldcoin-related developments. With no significant news events reported in the past seven days, traders are focusing primarily on technical indicators and market structure. The 3.59% decline brings Worldcoin closer to its daily trading range low of $1.48, tested during today’s session. This pullback appears to be profit-taking behavior as WLD price had been trading above most key moving averages, suggesting some traders are booking gains after the recent bullish momentum. Volume remains robust at $59.5 million on Binance spot markets, indicating continued interest despite the negative price action. This volume profile suggests the current pullback may be temporary rather than indicating a trend reversal. WLD Technical Analysis: Mixed Signals Emerge Worldcoin technical analysis reveals a complex picture with both bullish and bearish elements competing for control. The WLD RSI reading of 57.89 places the token in neutral territory, neither oversold nor overbought, which typically suggests a consolidation phase. The moving average structure remains supportive for Worldcoin. The WLD price currently trades above the 20-day SMA ($1.38), 50-day SMA ($1.14), and 200-day SMA ($1.03), maintaining the overall bullish trend classification. However, the token has slipped below the 7-day SMA ($1.55), indicating short-term weakness. Worldcoin’s MACD presents bearish divergence with the histogram at -0.0081, suggesting momentum is shifting toward sellers.…
Filed under: News - @ September 21, 2025 2:14 am