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Worldcoin (WLD) Teeters at $1: Make-or-Break Moment for Bulls

Worldcoin (WLD) Teeters at $1: Make-or-Break Moment for Bulls

Author:
Tronweekly
Published:
2025-08-05 03:00:00
9
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Worldcoin (WLD) is dancing on the edge of a knife—flirting with the $1 support level that could either springboard a rally or trigger a sell-off. No one’s placing bets just yet, but the charts are screaming for attention.

Will the bulls step up or let gravity take over? Here’s the breakdown.

The $1 Psychological Battleground

Support levels don’t get more dramatic than this. A hold above $1 could lure sidelined traders back in, while a breakdown might spark panic selling. Classic crypto volatility—where sentiment shifts faster than a meme stock’s fundamentals.

Volume Tells the Tale

Low liquidity means even minor moves get amplified. Watch for whale activity—sudden spikes could signal a big player making their move. Retail traders? They’re just along for the ride.

The Cynic’s Corner

Another day, another altcoin clinging to a round number like it’s a life raft. If only real-world economics were this simple.

Bounce or bust? The market’s waiting—but not patiently.

Worldcoin

  • WLD retests a key support level with mixed market sentiment.
  • Analysts forecast divergent scenarios, from $0.80 lows to $1.60+ highs.
  • Predictions range from short-term drops to long-term highs above $2.00.

Worldcoin (WLD), the cryptocurrency project linked to biometric identity verification, is currently trading at $0.9992, reflecting a 2.9% price uptick in the past 24 hours. Accompanying this movement is a notable 5.62% rise in trading volume, bringing the daily volume to $143.87 million. 

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Source: CoinMarketCap

However, despite the daily rally, WLD’s seven-day trajectory shows a 12.38% decline, suggesting sustained downward pressure in the short term.

Crypto markets remain sensitive, and Worldcoin is no exception. Price activity suggests volatility as the asset hovers near critical technical levels, inviting caution among traders while also hinting at an imminent directional move.

WLD Retests Symmetrical Triangle Support

Crypto analyst CryptoPulse noted that, WLD, is retesting the lower side of a symmetrical triangle chart pattern that it has traced since March 2025. Such a technical chart pattern tends to indicate consolidation before a definite breakout.

In a bull scenario, if WLD reverses from this trendline, the $1.20, $1.40, and even $1.60+ priced targets are on the table. Such a rally could set about re-establishing the base of the triangle, implying a broader accumulation phase.

On the negative side, a bearish breakdown of the trendline may induce a drop to $0.85 to $0.80, which has not been broken for months. Analysts are split, however, with some going for shorts, capitalizing on negative sentiment led by past chart action.

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Source: X

Also Read | Worldcoin (WLD) Price Analysis: Is a Breakout to $2.85 Coming Soon?

WLD Price Forecasts Diverge Sharply

Forecasts for WLD into the future branch off significantly, however. DigitalCoinPrice presents a brighter future, predicting WLD may go on to exceed $2.14 by the 2025 year-end, even speculating a return towards its previous all-time high of $11.82. WLD had already reached as high as $2.73 in early January, bolstering the argument of a turnaround on the way.

Coincodex sees a bearish trend for August, anticipating a decline to $0.7946, the lower limit of which is approximately $0.6978. The firm points to a 29.73% possible return on the short side, which might attract speculators anticipating another surge upward.

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