Worldcoin Price Analysis: Buyers Struggle to Hold Support as Bearish Momentum Persists
The post Worldcoin Price Analysis: Buyers Struggle to Hold Support as Bearish Momentum Persists appeared on BitcoinEthereumNews.com.
A recent highlight from Open Interest shows that Worldcoin continues to face downward pressure after a period of sharp corrections, with its short-term trend shifting from bearish to neutral. The token pair traded near $0.87 earlier in the session before a sustained selloff pushed prices toward $0.81, marking a notable intraday drop. Analyst Highlights Weak Rebound Attempts and Intraday Liquidity Clusters According to Open Interest, observing the 5-minute Binance chart, WLD shows evidence of temporary recovery attempts within a clearly defined bearish framework. The Buy/Sell Volume indicator reveals alternating spikes of green and red bars signaling heightened intraday competition between buyers and sellers. Between 10:30 and 12:00, total traded volume (yellow line) surged sharply as prices attempted a short-lived bounce, indicating that liquidity briefly entered the market at technical reaction levels. Source: Open Interest Following this spike, activity diminished, reflecting reduced trading momentum and market indecision. The observed stabilization near $0.85 aligns with typical post-correction phases, where buyers cautiously re-enter while sellers remain active near resistance. Analysts suggest that a decisive break above $0.865–$0.870 with rising volume would be required to confirm a stronger rebound. Conversely, renewed selling below $0.83 could accelerate downside continuation toward lower support levels. Market Data Reflects Decline in Market Value but Stable Exchange Liquidity Additionally, Data from BraveNewCoin shows that Worldcoin currently holds a market capitalization of $1.89 billion, ranking 68th globally among digital assets. Its 24-hour trading volume stands at $179.46 million, marking a 2.86% decline over the same period. The available circulating supply of 2.21 billion WLD continues to provide ample market liquidity despite the sustained sell pressure. Source: BraveNewCoin While the broader market backdrop remains uncertain, the coin’s stable liquidity across exchanges suggests that core participation has not entirely diminished. This trend indicates that buyers are still present, albeit cautiously, as they…
Filed under: News - @ October 23, 2025 8:29 pm