Worldcoin (WLDUSD) – Bulls are Getting Stronger
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Worldcoin (WLDUSD) – Bulls are Getting Stronger

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Azeez Mustapha

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Worldcoin (WLDUSD) Price Forecast: January 23

In line with the current market recovery, the WLDUSD bulls are getting stronger as the coin embarked on an impressive bullish trend. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin price might surge to reach an all-time high of $4.18 and extend further to hit the $5.00 upper resistance level and beyond, creating the best entry point for coin holders.

Key Levels:
Resistance Levels: $2.30, $2.32, $2.34
Support Levels: $1.58, $1.57, $1.56

WLD (USD) Long-term Trend: Bearish (Daily Chart)

The Worldcoin market bulls are getting stronger as the trends have become volatile, facing resistance levels and hovering below the moving average in its long-term view.
Worldcoin (WLDUSD) – Bulls are Getting Stronger The bears’ high order flow to a $1.82 support level in the last session has contributed to the coin’s recent low.

An increase in the WLDUSD price to a $2.30 high level below the EMA-50 approaching the resistance on the long-term chart today indicates that the bulls are getting stronger and are actively buying for bullish expansion at this level.

Thus, a potential breakout above the $3.16 supply level could bolster the bullish correction and target a $4.18 peak resistance before a range breakout.

The coin shows increasing momentum at the $4.59 value closer to the overhead resistance, showing that the bulls are getting stronger.

Additionally, the daily signal suggests that the bulls could continue getting stronger as they remain upward. As a result, the Worlcoin price may rise further to hit the $5.00 upper resistance level in the ong-term perspective.

WLD (USD) Medium-term Trend: Bullish (4H Chart)

The bulls are getting stronger with robust bullish trends in the medium-term outlook. The price is moving towards the upper resistance above the converging trend lines, denoting a bullish trend and a rise in volatility.
Worldcoin (WLDUSD) – Bulls are Getting Stronger The bulls’ pressure to the $2.21 high point in the last session has enabled the Worldcoin price to initiate another uptrend above the resistance level in its recent high.

Today’s market value of WLDUSD at $2.30 supply value above the moving averages as the 4-hourly session opens today suggests that the bulls are getting stronger as it faces the upper resistance level.

It’s worth noting that the upward trajectory could face another barrier near the peak resistance level at $2.73. A breakout above this level could propel Worldcoin higher by 20%.

In addition, the bulls may continue to get stronger as projected by the daily signal pointing upwards, indicating an uphill momentum. From the look of things, the crypto will keep growing and the $5.00 supply value might be the target in the days ahead in its medium-term outlook

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