Worldcoin Price Prediction: 2024, 2025, 2030

WLD price prediction: Key highlights

1. Primary support and resistance levels

• In the daily chart, the lowest probable support can be expected around the $2.47 mark.
• Consecutively, the highest resistance level for the token can be estimated at around $11.82.

2. Market sentiment

• In April 2024, the overall market sentiment for WLD is seen to be slightly bearish.

3. Predictive forecasts

• Our AI/ML predictive models have forecasted that WLD can touch an average value of $99.79 by 2027 and $932.54 by 2030.

Given below is a comprehensive daily technical analysis of WLD, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

WLD technical analysis: Can bulls rally amidst a downtrend?

The Worldcoin price prediction for 2024 hinges significantly on its recent market performance, investor sentiment, and external factors like market volatility and potential technological updates.

During the initial phase of the analysis in early March 2024, WLD was seen challenging the $8.50 price point. Despite this effort, the resistance at this level proved robust, leading to a rejection swiftly bringing the price down to $6.74 within the first week of the month. This marked a sharp, bearish turn in the market dynamics.
 

However, this bearish trend was short-lived as bullish traders rallied, reversing the downward momentum significantly. By mid-March, WLD's value had climbed impressively, surpassing the peak resistance level of $10.89 to establish a new all-time high (ATH) value of $11.82. While a corrective pullback momentarily dampened the ascent, the bulls’ resilience was evident as the price stabilized around this high for about a week, showcasing strong buying interest at these levels.
 

Towards the latter half of March, the market experienced another shift. Significant bearish pressure emerged once more, pushing WLD’s price down to retest the $8.50 level by the end of the month. 
 

As the calendar turned to April, a pronounced bearish rally took the forefront, driving WLD’s value down past the earlier support of $6.74. This downtrend continued into the second week of April, with WLD plummeting below the $5.17 mark to eventually touch a new low at $4.46. This period highlighted a strong bearish dominance, but it also set the stage for a subsequent struggle between the bulls and bears as both sides tried to define the token’s future trajectory.

At the time of writing, the asset was trading at $4.82, representing a modest rebound from its most recent trough. Many critics argued that the sudden impact on WLD’s value was due to the regulatory scrutiny this token has been facing in several countries. An analysis by AMBCrypto hinted that the sharp fall in WLD’s price may last in the short term. According to CoinMarketCap, WLD witnessed a 40% depreciation in value over the past month alone.
 

If this decline continues, the token may fall below its lowest support level at $4.46 within the next few weeks. Furthermore, if the downtrend gains momentum, WLD may even plunge lower, and it may even touch $2.47, a level that has not been claimed since February, in the upcoming months.
 

However, WLD is bringing forth new changes within its architecture. Worldcoin announced the launch of its layer-2 solution, World Chain. This is an attempt at improving the scalability and preference of humans over bots within the WLD network. 
 

If this significant stride manages to captivate investor interest, WLD may surge higher to retouch the $5.17 mark within the next few weeks. If the bullish momentum picks up and continues to rally amidst any major resistance, WLD may retouch its ATH value at $11.82 within the upcoming months.
 

The long-term growth trajectory for WLD looks promising. Our AI/ML predictive models have forecasted that WLD can touch an average value of $99.79 by 2027. If newer developmental changes arise and the community comes up with unique use cases for the token, WLD may surge even higher to touch the $932.54 mark by 2030.

WLD's 2024 roadmap: Key indicators to watch and trade

• The trading volume was considerably higher during the offset of the analysis period. However, by mid-March, it had considerably waned, and this decline continued until the first week of April.
• By mid-April, the trading volume began recovering. At press time, it surged higher than its recent lows but didn’t manage to scale to its previous highs.
• The Relative Strength Index (RSI) remained above the neutral 50 line at the beginning of the analysis period. In early March, it even spiked to the overbought territory. However, the RSI began its downward trajectory in the second half of the month.
• As April commenced, the RSI fell below the 50 line, continuing its descent. After a minor dip below the 30 line, the RSI showed a slight recovery. At the time of writing, the RSI stood at 34.84. This indicated that while the trend was still bearish, the selling pressure had reduced slightly.
• The Chaikin Money Flow (CMF) stayed above the neutral line during the early weeks of the analysis. It fell below the neutral line in early March and continued on this path until mid-month. However, during the second half of March, the CMF recovered and surged above the neutral line, where it stayed until the end of the month.
• As April approached, the CMF underwent a steep decline, and the lowest CMF level recorded during this period was -0.26. However, by mid-month, the CMF showcased some recovery, and its value stood at -0.10 at press time. This signified that there was a persistent outflow of money from the asset.