The post Worldcoin (WLD) Set to Soar: Price Analysis Predicts Surge Above $3 appeared on BitcoinEthereumNews.com.

Worldcoin’s native token, WLD, exhibits strong buy signals indicating potential growth. Technical analysis points toward a significant price rally in the near term. Correlation with Avalanche and rising social dominance signal possible higher valuations. Discover the potential growth of Worldcoin’s WLD as it flashes bullish signals, highlights from technical analysis, and its growing social dominance in the crypto realm. Worldcoin’s WLD Token Shows Strong Buy Signals The native token of the Worldcoin project, WLD, appears poised for a substantial price increase. Ali Martiniez, a well-regarded crypto analyst, recently posited on social media platform X (formerly Twitter) that the token’s 3-day chart exhibits signs of an impending rally. Martiniez emphasized the relevance of the Tom DeMark (TD) Sequential indicator, a widely used tool in technical analysis. This indicator is known for pinpointing trend exhaustion and often encompasses a two-phase setup. The first phase, highlighted by nine consecutive candlesticks, typically signifies potential sell signals after an uptrend, while the second phase, identified through a 13-candlestick countdown, signals a buy opportunity after a downtrend. Technical Analysis Points to Significant Upside According to Martiniez’s analysis, the TD Sequential has identified a buy signal for WLD, suggesting that sellers are reaching fatigue. This exhaustion is often a precursor to a price rally, and with WLD currently trading at $2.52—an appreciation of 49.08% over the past 30 days—the token appears set to reverse earlier losses. The first price target for this rally could reach as high as $30.5, marking a monumental increase from its current valuation. Correlation with Avalanche (AVAX) Boosts Prospects TRUSTED BY COINOTAG,Did you missed $MEME, $PEPE or Bitcoin? No worries! Click here to sign up chosen altcoin exchange! Another factor bolstering WLD’s bullish outlook is its correlation with Avalanche (AVAX). Recently, insightful analysis highlighted the potential for AVAX’s continued price increase. The correlation…

---

Filed under: News - @ July 1, 2024 1:28 am