Worldcoin Eyes Bullish Reversal as $0.83 Support Holds Strong – Time to Buy?
Worldcoin's price action is flashing green as it bounces off a critical support level. Traders are watching closely—could this be the start of a new rally?
The $0.83 Floor: Make-or-Break Moment
The cryptocurrency found solid footing at $0.83, defying the usual 'buy high, sell low' retail investor strategy. This key level now becomes the battleground for bulls and bears.
Technical Signals Hint at Upside Potential
With the support holding firm, chart patterns suggest accumulating pressure for an upward move. Of course, in crypto, 'suggest' is financial jargon for 'gamble responsibly.'
Market Watch: Will History Rhyme Again?
Previous bounces from this zone saw 20-30% runs. But as any seasoned trader knows—past performance guarantees absolutely nothing, except maybe a good story.
The coming days will show whether this is a genuine reversal or just another fakeout in the crypto casino. Either way, it's bound to be more entertaining than watching traditional finance executives pretend to understand blockchain.
Worldcoin (WLD) price prediction is facing a critical juncture as recent price action highlights a potential rebound from key support levels.
While current market sentiment appears cautious, analysts are monitoring reversal indicators that may set the stage for a near-term upward move. Technical signals from both AI-driven and chart-based sources suggest that the $0.83 zone could act as a pivotal support base in the days ahead.
Consolidation Continues as Market Watches Key Support
According to data from Brave New Coin, Worldcoin is trading at $0.85, reflecting a 4.29% decline over the past 24 hours. With a market capitalization of approximately $1.43 billion and a circulating supply of 1.69 billion tokens, WLD maintains a relatively stable position among mid-cap digital assets.
Source: Brave New Coin
The 24-hour trading volume stands at $104.83 million, suggesting consistent activity despite recent price softness. Price movement between July 1 and July 2 shows a clear consolidation trend, with limited volatility and no major news-driven fluctuations.
A recent analysis shared by Finora AI – Россия (@FinoraAI_RU) on X highlights the potential for a bullish reversal. The AI model suggests WLD could dip briefly to $0.832 to collect liquidity before rallying toward target zones of $0.878, $0.896, and $0.929.
Source: X
The insight emphasizes the importance of watching for reversal patterns such as pin bars or engulfing candles at key levels. Should WLD price prediction close below $0.832, the bullish thesis would be invalidated, prompting a shift in strategy. Finora also outlines a short opportunity if rejection appears near the $0.878–$0.896 range, aiming for a drop back toward $0.868 or lower.
Worldcoin Price Prediction: Analyst Notes Bullish Setup After Tight Accumulation
An additional perspective was shared by Console Future (@ConsoleFuture), who posted a 30-minute chart analysis for WLD/USDT. The chart indicates that Worldcoin had been consolidating in a narrow range between $0.87 and $0.90, establishing a solid base above the EMA200.
Once volume increased, price action broke out strongly past $0.95, marking a bullish impulse. The pattern suggests prior accumulation, with the breakout confirmed by a sharp volume spike exceeding 10 million units. This sequence aligns with classical breakout behavior, where a range-bound period is followed by aggressive upward movement.
Source: X
Console Future also notes that technical indicators on shorter timeframes support bullish continuation. The alignment of EMA34, EMA89, and EMA200 in ascending order signals momentum strength. Meanwhile, the Relative Strength Index (RSI) moved into overbought territory during the breakout, suggesting strong buyer interest.
From a broader perspective, WLD’s market structure—with a circulating supply of 1.6 billion and a fully diluted valuation of $9.5 billion—points to substantial growth potential, assuming technical momentum holds. Traders are now closely watching for a potential retest of the $0.91–$0.92 range to act as support in upcoming sessions.
Mixed Technical Indicators Suggest Short-Term Uncertainty
On the daily timeframe, Worldcoin’s price behavior reflects indecision following its recent rally. Currently trading NEAR $0.853, WLD shows signs of cooling, with a daily decline of 0.12%. The asset is forming lower highs, and multiple failed attempts to break above $1.00 signal lingering weakness. Candlestick formations with small bodies and short wicks reinforce this view, as they typically point to a lack of momentum.
Source: TradingView
Momentum indicators paint a mixed picture. The RSI stands at 39.29, hovering below the neutral 50 mark, which indicates that bearish pressure remains. Though the RSI recently crossed above its moving average, it lacks the strength needed for a sustained breakout.
Meanwhile, the MACD has shown a mild bullish crossover, with the MACD line at -0.056 and a small positive histogram of 0.004. While this could be the start of a new upward phase, the MOVE lacks conviction for now. A decisive close above $0.90, backed by volume, remains key for validating a reversal.
