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Recently, the Crypto Assets market has been volatile, and the performance of Worldcoin (WLD) is particularly noteworthy. The latest data shows that the WLD price has fallen to $0.9464, with a daily decline of 4.15%, indicating a weak trend.
Analysis shows that WLD has recently attempted to break through the $1.01 mark multiple times, but has failed to do so each time. This level seems to have become a challenging barrier. Market observers indicate that there may be significant selling pressure at this price point, creating a strong resistance level.
Meanwhile, $0.9451 is considered the current key support level. If WLD fails to hold this level, it may trigger further fall trends.
Looking back at the price trend of WLD, since reaching an all-time high of 11.82 USD in March 2024, its value has significantly shrunk by nearly 92%. This fall has undoubtedly put enormous pressure on investors. However, compared to the low of 0.5817 USD in April this year, the current price still maintains a 63% increase, demonstrating some resilience.
Currently, the market is still in fierce competition between bulls and bears. Bullish investors are actively seeking opportunities, while bears are also not easing their offensive. In the short term, the trend of WLD largely depends on whether the current support level can be effectively maintained.
The high volatility of the crypto assets market once again reminds investors to stay vigilant, closely monitor market trends, and manage risks effectively. As the market situation continues to evolve, the future direction of WLD will continue to stir the nerves of market participants.