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Crypto Ahmet
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Bullish🔥👁️WLD Increased by 17% as World App Reached 1 Million Daily Users
According to CoinMarketCap data, the price of #Worldcoin (#WLD ) has shown an incredible increase of 17% in the last 24 hours. At the time of writing, the price of WLD was $5.26. However, the token had initially tried to reach $5.50 before retreating a little.
Interestingly, this happened at a time when the market prices of most cryptocurrencies were falling. However, Coin Edition managed to identify one of the main reasons for the increase. On February 17, Worldcoin announced through its official X handle that the World App has exceeded 1 million daily.
For those who do not know, the World App is the local wallet of the Worldcoin project. It is designed to provide digital identity and global finance to its users. Therefore, this milestone implied that the adoption of the project was incredible, and the demand for SAI also increased.
From a technical point of view, WLD broke the $4.55 resistance. Indicators from the Exponential Moving Average (EMA) showed that the short-term outlook of the token is bullish.
At the time of writing this news, the 9 EMA (blue) was $4.83. 20 EMA (yellow) was $ 4.33. The rise of the 9 EMA above the 20 EMA indicated an upward trend Worldwide. In addition, the price of WLD exceeded both EMAS, confirming that buyers have full control over the Oct.
If the world continues to close above the EMAS, the price may close by retesting the $5.50. However, there is a possibility of making a profit in the short term. In such a case, the World Bank may close below $ 4.83. A close below this point could trigger a 10% correction for the cryptocurrency.
From a bearish point of view, the IAC price may fall to $ 4.17. However, if the bulls maintain the buying momentum, the price may move towards $ 6.
#Write2Earn #binance #TrendingTopic
According to CoinMarketCap data, the price of #Worldcoin (#WLD ) has shown an incredible increase of 17% in the last 24 hours. At the time of writing, the price of WLD was $5.26. However, the token had initially tried to reach $5.50 before retreating a little.
Interestingly, this happened at a time when the market prices of most cryptocurrencies were falling. However, Coin Edition managed to identify one of the main reasons for the increase. On February 17, Worldcoin announced through its official X handle that the World App has exceeded 1 million daily.
For those who do not know, the World App is the local wallet of the Worldcoin project. It is designed to provide digital identity and global finance to its users. Therefore, this milestone implied that the adoption of the project was incredible, and the demand for SAI also increased.
From a technical point of view, WLD broke the $4.55 resistance. Indicators from the Exponential Moving Average (EMA) showed that the short-term outlook of the token is bullish.
At the time of writing this news, the 9 EMA (blue) was $4.83. 20 EMA (yellow) was $ 4.33. The rise of the 9 EMA above the 20 EMA indicated an upward trend Worldwide. In addition, the price of WLD exceeded both EMAS, confirming that buyers have full control over the Oct.
If the world continues to close above the EMAS, the price may close by retesting the $5.50. However, there is a possibility of making a profit in the short term. In such a case, the World Bank may close below $ 4.83. A close below this point could trigger a 10% correction for the cryptocurrency.
From a bearish point of view, the IAC price may fall to $ 4.17. However, if the bulls maintain the buying momentum, the price may move towards $ 6.
#Write2Earn #binance #TrendingTopic