Worldcoin (WLD) price has formed a double bottom around a key support level, suggesting a potential accumulation.
Worldcoin price eyes a quick 45% rally in anticipation of OpenAI’s live stream on Monday. WLD needs to clear $6.70 hurdle before it can climb up to $8.55. A daily candlestick close below $4.22 support level will invaldiate the bullish thesis for the AI-based token. Worldcoin price has formed a double bottom around a key support level, suggesting a potential accumulation.
62 and came close to hitting its initial target of $6.70. But due to the overall market conditions, WLD retraced and is currently hovering around $5.62. If Bitcoin price climbs higher, altcoins including WLD could see an upthrust that tackles the $6.70 hurdle. Considering that the Relative Strength Index and Awesome Oscillator are both bounce off their respective mean levels, overcoming $5.62 could propel Worldcoin price to the next key hurdle of $8.55.
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