Worldcoin ($WLD ) Price Analysis: WLD Eyes $2.47 – Major Gains for Investors Ahead? - CoinPedia Analytics

Irma - Oct 8 - - Dev Community

Worldcoin (WLD) has recently climbed back into the $2 range, but 71% of its holders remain at a loss, reducing selling pressure as they await higher prices. The token's peak earlier this year was around $12, but it sharply declined, losing 69% of its value. Even with the recovery, only 23% of investors are currently in profit.

Worldcoin's social media presence has grown significantly, with its 7-day Moving Average Social Dominance rising from 0.021% to 0.30%. This surge was partly due to a major funding announcement by OpenAI, with which Worldcoin is connected via co-founder Sam Altman.

Technical analysis shows bullish signals for WLD, including a "golden cross" on October 6. If it maintains momentum, analysts expect it to test the $2.18 resistance and possibly reach $2.47. However, if the market turns bearish, support levels are at $1.59, $1.51, and $1.38.

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