- Worldcoin broke a falling wedge with rising volume, signaling potential trend reversal and growing buyer interest.
- Price action cleared the 9 EMA, with the 50 SMA at 1.013 as the next key level to watch.
- Market cap reached $2.04B with daily trading volume at $268M, confirming strong liquidity conditions.
Worldcoin has entered a strong breakout phase, fueled by a falling wedge reversal on the daily chart and rising market activity. Sustaining above key moving averages and critical support zones will determine whether bulls maintain control in the coming sessions.
Breakout and Technical Structure
Alpha Crypto Signal (@alphacryptosign) noted that $WLD has broken out of a falling wedge, a formation often tied to bullish reversals. The breakout occurred with a rise in volume, adding conviction that buyers are accumulating with strength.
The move carried the price above the 9 EMA, turning it into dynamic support for the near term. Traders are now eyeing the 50 SMA at $1.013, a critical barrier for confirming momentum strength and extending the trend.
This wedge pattern had contained price action since July, with consistent lower highs. A break above it indicates that the trend could start to change, and opening targets would be $1.10-$1.20, with an extension, should it be cleared, of $1.35-$1.40.
Market Activity and Price Behavior
Worldcoin is as of writing, trading at $1.01, reflecting a 12.19% gain over the past 24 hours. The rally follows recovery from a recent low of $0.9086, showing a strong bounce supported by higher market participation.
Market capitalization has grown to $2.04 billion, while the unlocked market cap stands at $3.86 billion. This represents a 12.17% increase, showing that value expansion is keeping pace with price action.
Trading volume increased by 4.11% in a single day to reach $268.1 million. Its liquidity ratio stands at 13.06% volume-to-market cap ratio, which is healthy hence easy to execute orders and price stability.
Support Zones and Outlook
The breakout structure remains valid as long as WLD holds above the 0.93–0.95 support zone. This area aligns with the wedge breakout and serves as a retest level should the price pull back.
When the market holds strong above $1.00, then the data may push the token ahead to 1.10-1.20, where the historical resistance levels are located. Extended bullish momentum would be affirmed by a day-to-day close above the 50 SMA.
Worldcoin’s circulating supply stands at 2 billion tokens, with 10 billion as total supply. While future unlocking events may influence activity, current trading indicates that the circulating float is being absorbed effectively.
