Worldcoin, a cryptocurrency that has recently experienced a significant surge in price, has attracted the attention of investors and enthusiasts alike. With a 22% increase in value during early May, Worldcoin’s token, WLD, emerged as one of the top-performing altcoins in the market. This surge coincides with the growing advancements in artificial intelligence (AI), particularly those involving OpenAI, indicating a possible correlation between WLD’s market movements and developments in AI technology. Speculative reports about potential collaborations and ventures integrating more AI tools into the cryptocurrency sphere have fueled investor interest, making Worldcoin a key player to watch in the evolving landscape of digital assets. How High Will WLD Go?
Key Takeaways
- Worldcoin (WLD) surged 22% in early May, attracting investors and enthusiasts.
- Growth aligns with rising AI advancements, suggesting a strong correlation.
- Speculation around AI-crypto collaborations fuels investor interest.
Worldcoin, a cryptocurrency that has recently shown a remarkable price surge, is capturing the attention of investors and enthusiasts alike. In the first week of May, Worldcoin’s token, WLD, saw a dramatic 22% increase in its value, positioning it as one of the top-performing altcoins in the market. This surge coincides with heightened activity around artificial intelligence (AI) advancements, particularly those involving OpenAI, hinting at a significant correlation between WLD’s market movements and developments in AI technology. The buzz is partly attributed to speculative reports about potential collaborations and new ventures that could integrate more AI tools into the cryptocurrency sphere.
Overview
Worldcoin Price Prediction: Technical Analysis
- Price Prediction: $19.08 (230.39%)
- Volatility: 10.16%
- 50-Day SMA: $6.28
- 14-Day RSI: 49.06
- Sentiment: Neutral
- Fear & Greed Index: 53 (Neutral)
- Green Days: 12/30 (40%)
- 200-Day SMA: $4.41
Worldcoin Price Analysis: WLD Corrects Lower at $5.11 as Bulls Stumble to Keep Prices Afloat
Worlcoin price analysis shows a short-lived buying action experienced during the opening of the daily trading session. The WLD token has been trading inside a declining channel, forming lower lows at the SMA 200 and lower highs at the SMA 100. The downward trending SMA 100 and 50 lines support the current price action. At the time of writing, WLD/USD is trading at $5.11 with a total market cap of $1,037,993,054.
Worldcoin 1-day Price Chart Analysis: Bulls Stage a Short-Lived Rally
The 1-day chart highlights a sudden price rally followed by a retracement lower. Initially, WLD/USDT corrected lower from the intraday high of $5.22 to post a low of $4.64 and rebounded above the SMA 50 line before correcting lower again. When writing, WLD has been trading beneath the 10-day and 50-day moving averages on its 1-day chart. The technical indicators on the 4-hour show a mixed outlook as the RSI hovers around the midline at 45.46. This suggests that the buying pressure is currently neutral, and buyers will likely stay in control of the market soon.
Worldcoin 4-hour Chart Analysis: Bearish Reversal in Progress
The hourly chart shows the WLD/USD pair trading inside a falling wedge pattern. The token’s price has been going through a gradual uptrend since bouncing off key support at $4.64. The MACD shows that WLD is in a bearish zone as the signal line has crossed above the MACD line. The RSI indicator also shows signs of bearishness, currently hovering around 62.64.
Worldcoin Technical Indicators: Levels and Action
Daily Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $5.68 | BUY |
| SMA 5 | $5.48 | BUY |
| SMA 10 | $5.31 | BUY |
| SMA 21 | $5.17 | BUY |
| SMA 50 | $6.28 | SELL |
| SMA 100 | $6.26 | SELL |
| SMA 200 | $4.41 | BUY |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $5.86 | SELL |
| EMA 5 | $5.65 | BUY |
| EMA 10 | $5.37 | BUY |
| EMA 21 | $5.39 | BUY |
| EMA 50 | $5.89 | SELL |
| EMA 100 | $5.73 | SELL |
| EMA 200 | $4.83 | BUY |
What to Expect from Worldcoin Price Analysis
The short-term outlook for WLD/USD is bearish; buyers could recover if they defend key support levels soon. Investors should closely monitor the hourly and 4-hour charts, as any sudden price move might indicate a reversal from either trend. Watch out for key support and resistance levels on the charts, as they will better indicate where WLD/USD will likely head in the short term.
Worldcoin Price Prediction May 2024
The Worldcoin can break through the $5.79 barrier and hold the market by the end of 2024. The lowest Worldcoin price will be $3.85, and the most likely Worldcoin price will be steady at around $5.60 by the end of 2024. Despite Worldcoin’s wild swings in value and the controversy surrounding its environmentally unfriendly energy usage, billionaire venture capitalist Tim Draper is sticking to his prediction that Worldcoin will reach $12.70 by the end of 2024.
Worldcoin Price Prediction 2024
In the first week of January 2024, Worldcoin reached $3.85 when it dropped below $2.14 for the first time since January 2021. According to the investors and market exports, Worldcoin is on its way to passing the $12.70 mark by the end of this year. As of now, on May 11, 2024, Worldcoin is trading at $5.79.
Worldcoin Price Prediction 2025-2030
Worldcoin Price Prediction 2025
In 2025, Worldcoin Price Prediction is expected to cross the $13.95 average price level. By the end of 2025, Worldcoin’s minimum price is expected to be $12.43, with a maximum price level of $14.99.
Worldcoin Price Prediction 2026
In 2026, the price of WorldCoin is predicted to reach a minimum level of $17.07 and a maximum level of $20.94, with an average trading price of $19.89.
Worldcoin Price Prediction 2027
Worldcoin price is estimated to reach $22.28 by 2027 at a minimum. With an average trading price of $24.16 throughout 2027, Worldcoin’s value could reach $27 at its highest.
Worldcoin Price Prediction 2028
Worldcoin’s price is expected to surpass $26.33 in 2028. It has been predicted that Worldcoin will reach a maximum price of $26.33 and a minimum price of around $22.28 in the next five years from 2028.
Worldcoin Price Prediction 2029
In 2029, the price of WorldCoin is forecasted to be at a minimum value of $27.47 and a maximum of $31.54. The average trading value is expected to be $30.60.
Worldcoin Price Prediction 2030
The price of WorldCoin is predicted to reach a minimum level of $39.09 in 2030. The maximum level can reach $43.00, with an average price of $42.68 throughout 2030.
Cryptopolitan’s Worldcoin Price Prediction
According to Cryptopolitan, Worldcoin’s price is expected to surpass $12.70 by the end of 2024.
Market Price Prediction: Analysts’ Worldcoin Forecast
| Firm Name | 2024 | 2025 |
|---|---|---|
| Gov.Capital | $3.23 | $10.42 |
| DigitalCoinPrice | $10.70 | $12.63 |
| Coincodex | $2.94 | $6.54 |
Worldcoin Historic Price Sentiment
Since its inception, Worldcoin has experienced fluctuations in its price. The lowest recorded price occurred on September 13, 2023, at $0.9758, marking a significant low point in its early history. On December 17, 2023, it reached its all-time high of $4.70. The most recent 30-day period showed significant volatility, with the price dropping from $3.70 to $2.38, with the highest price at $3.18 and the lowest at $2.09. The closing price decreased from $3.64 to $2.47, with a surge in trading volume.
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