Worldcoin 'Buy' Signal Activated: Is $3 Within Reach for Investors?
Money | June 30, 2024, 4:43 p.m.
Worldcoin (WLD) appears poised for a significant price jump, according to a recent analysis by crypto analyst Ali Martinez. The Tom DeMark Sequential on WLD’s 3-day chart has signaled a buy, indicating that sellers are exhausted and the price is ready to rise. With a current price of $2.52, representing a 49.08% increase over the last 30 days, the potential target for Worldcoin could be as high as $30.5. Additionally, the correlation between Worldcoin and Avalanche (AVAX) suggests that a price increase in AVAX could also lead to a similar rise in WLD. Worldcoin's social dominance has also increased, indicating growing interest and potentially higher demand. However, investors should remain cautious as overheated discussions could signal a local price top and a possible correction. Keep an eye on Worldcoin for a potential rally in the near future.