The post Worldcoin Price Prediction: Technical Indicators Confirm Bullish Reversal With Eyes on $2.00 appeared on BitcoinEthereumNews.com.

Worldcoin (WLD) price is showing signs of a technical recovery following a prolonged downtrend, supported by key indicators and volume activity. WLD price action on multiple timeframes suggests that the asset may be entering a bullish phase, with market participants closely watching the $2.00 level as a possible upside target if current momentum continues. Worldcoin Price Action and Market Activity Signal Strengthening Support On the 1-hour chart, WLD/USD exhibited a notable price surge around May 22, where it moved sharply from under $1.20 to a high near $1.65. This upward move was followed by a phase of consolidation, characterized by lower highs and a sideways trend — a common market response after significant gains. Currently, the token is stabilizing around $1.41, suggesting the potential formation of a base ahead of a possible next move. Source: Open Interest Market engagement is further reflected in the Aggregated Open Interest (OI) indicator. OI rose sharply alongside the initial price surge, indicating that new capital entered the market during the breakout. While OI decreased slightly during the subsequent correction, it has begun to rise again during the current range-bound period. This trend points to a buildup in trading positions, potentially setting the stage for a breakout if accompanied by increased volume and directional clarity. Volume and Daily Metrics Highlight Investor Participation According to 24-hour market data, WLD is currently priced at approximately $1.42, reflecting a 1.20% decrease over the past day. Despite the slight decline, the token showed intraday volatility, dipping earlier before recovering strongly toward the end of the session on May 26. This rebound suggests renewed interest in the asset following short-term selling pressure. Source: Brave New Coin Trading volume during the same period reached $367.27 million, highlighting consistent activity. Volume fluctuations remained moderate for most of the day, with a slight…

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Filed under: News - @ May 27, 2025 8:27 pm