Worldcoin Analysis: WLD Price Could Surge 37% If This Happens

The Worldcoin (WLD) price has increased by 25.08% in the past week, but most investors are still suffering losses. Around 65% of investors bought at a higher price than the recent increase, with only a quarter of investors currently in profit. The Historical Break Even Price chart shows that many investors are still in the red, which may make them reluctant to sell, hoping the price will rise further.

This situation may limit selling pressure, potentially creating a more favorable price outlook for WLD. However, technical indicators like BBTrend suggest that the upward momentum may be weakening, indicating a potential trend reversal.

Most WLD investors are still in the red

Although the WLD price has increased by 25.08% in the past 7 days, around 65% of investors are still in the red. This indicates that the majority of WLD investors have purchased the Token at a higher price than the recent increase.

The Historical Break Even Price chart provides insight into this. It shows the time when most investors have bought and whether they are in profit, at break-even, or in loss. Currently, only 25% of investors are in profit, while around 10% are at break-even, leaving a large portion still in a loss position.

This situation suggests that many currently underwater investors may be reluctant to sell, hoping the price will rise further. If this sentiment persists, it could reduce the likelihood of a large-scale Dump, easing selling pressure. This could create a more favorable outlook for the WLD price, where limited selling combined with stable or increasing demand could push the price higher.

BBTrend suggests the uptrend may be fading

The current BBTrend value of -0.5 indicates that the momentum in the WLD price is weakening and may be transitioning into a downward territory. BBTrend, or the Bollinger Bands Trend, is a technical indicator used to assess the strength and direction of a trend by measuring the degree of price movement relative to the Bollinger Bands. Positive values indicate an uptrend, while negative values reflect a downtrend, with larger absolute values representing stronger trends.

Although WLD has experienced a strong uptrend, this chart shows that the upward momentum may be fading. On 09/10, the BBTrend reached a peak of 14, reflecting strong buying pressure, but since 11/10, the values have dropped sharply, staying below 2.5 and now even turning negative.

This suggests that the strength of the uptrend is weakening and a potential reversal or further consolidation may be ahead. The declining BBTrend values are a sign that the market may have become overbought, and the uptrend may be losing steam.

WLD Price Prediction: Will the uptrend continue?

Currently, WLD appears to be in a strong uptrend, with all the short-term EMA lines positioned above the long-term ones and a significant gap between these moving average lines. This arrangement indicates strong upward momentum and excitement surrounding the artificial intelligence Tokens.

EMA lines are a tool that traders use to smooth price data. They focus particularly on recent movements to more effectively highlight the current trend. With the short-term EMA lines comfortably above the long-term ones, buying pressure is dominant, keeping WLD in a solid uptrend.

If WLD continues its upward trajectory, it may soon test the resistance level at $2.47. If it successfully breaks above this level, WLD has the potential to reach $3.2, which would be the highest price since July — an impressive 37% increase from the current level.

However, caution is warranted, as the BBTrend indicator suggests the trend may reverse at any time. If a reversal occurs, the WLD price could drop to test the support at $2.24. If this level fails to hold, it could decline further, potentially reaching $1.72 or even $1.51, indicating significant downside risk if the upward momentum fades.

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