Oh, what a spectacle! Worldcoin (WLD) has soared like a phoenix from the ashes, rising a staggering 29% today, all thanks to the generous hearts of our beloved whales. But, my dear readers, will this enchanting dance continue, or will it falter and fall flat on its face? 🕺💃
- Worldcoin’s price has climbed nearly 40% in the past 7 days, a feat worthy of a standing ovation!
- Our noble whales have been busy bees, gathering WLD like honey after the APMC initiative-a true tale of modern alchemy.
- Bullish patterns abound, suggesting that WLD might just have more tricks up its sleeve in the coming days. 🦁🌟
According to the wise sages at crypto.news, Worldcoin (WLD) reached a dizzying intraday high of $1.30 on Monday, Aug. 8, before gracefully settling at $1.28. At this price, it stands nearly 39% higher over the past week and a whopping 110% above its April nadir. A true comeback story, if ever there was one! 🌟
And if that weren’t enough, the daily trading volume of WLD has tripled, reaching a staggering $934 million. This surge in demand is a clear sign that investors are smitten with the token, like moths to a flame. 🔥moth
With a market cap now at $2.48 billion, Worldcoin has boldly leaped over giants like Kaspa (KAS) and Cosmos Hub (ATOM), securing its place as the 62nd largest crypto asset. A true David among Goliaths! 🛡️,
The resurgence of WLD has been fueled by the renewed interest of whales, whose holdings have swelled from 6.94 million to 7.25 million tokens in just 24 hours. As history teaches us, when the whales stir, the tides of the market often follow. 🌊
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But wait, there’s more! This falling wedge also forms the handle of a broader cup and handle pattern, a majestic structure that has been taking shape since late May. The cup and handle is a bullish continuation pattern that suggests a stronger and more sustained upward trajectory. 🚀
The momentum indicators are in perfect harmony with this bullish setup. The MACD line is trending upward, signaling growing buying pressure, while the Chaikin Money Flow index is positively buoyant, bolstered by the recent whale accumulation. 🌊📈
Based on this technical wizardry, the most immediate target for Worldcoin price is $1.382, the projected move from the wedge breakout. Should it breach this level, the path to $1.403, the neckline of the cup and handle, will be clear. And if it conquers that, a rally toward $2.04, a 59% increase from the current price, could very well be within reach. 🌈🚀
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2025-09-08 14:37