Worldcoin Reaches All-Time High of $7.51
Worldcoin is gaining ground and has reached an all-time high of $7.51. However, it has dropped below $2.60 as the positive momentum couldn’t be sustained. Worldcoin is now moving sideways below the $2.80 resistance mark.
Key Points:
– Worldcoin price is currently at $2.26.
– Worldcoin’s market cap is $249,426,764.
– Worldcoin’s circulating supply is 110,601,455 WLD.
– Worldcoin’s total supply is $22,564,915,000.
– Worldcoin is ranked #118 on Coinmarketcap.
Resistance Levels: $3.00, $3.50, $4.00
Support Levels: $2.00, $1.50, $1.00
On July 24, Worldcoin briefly rose above the $0.15 support level and reached a high of $7.51. However, it fell below the $2.80 resistance mark, leading to sideways trading between $2.00 and $2.80. Today, the altcoin briefly recovered to a high of $2.64 before being pushed back.
The altcoin is currently caught between the moving average lines and is above the 50-day simple moving average but below the 21-day simple moving average. Once the moving average lines are broken, Worldcoin’s trend will be determined.
Alternatives to Worldcoin
Worldcoin is trying to regain ground above the $2.00 support level and is currently moving sideways. The 21-day SMA and the resistance at $2.80 are hindering its upward movement. If buyers can overcome the resistance at $2.80, Worldcoin will continue its positive trajectory.
Additionally, Worldcoin is approaching the oversold region in the crypto market. This could attract investors, especially with the ongoing presale. When the market is oversold, buyers tend to emerge. So far, the presale has raised approximately $18 million.
Hot Take:
Despite the drop from its recent high, Worldcoin is showing signs of resilience and potential for future growth. It is important to monitor the movement of the altcoin and any developments in the crypto market that could impact its performance.
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