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Worldcoin was founded with the mission of creating a globally-inclusive identity and financial network, owned by the majority of humanity. It consists of a privacy-preserving digital identity network (World ID) built on proof of personhood and, where laws allow, a digital currency (WLD).
WLDUSD performed well in the past three weeks.
Any daily close above $10 confirms further bullishness.
WLDUSD gained more than 300% in the past three weeks. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $8.80 and is currently trading around $8.58.
The bullish invalidation can happen if the pair closes below $2. On the lower side, the near-term support is $7.25. Any break below targets $6/$5.40/$4.64.
The immediate resistance stands at around $10. Any breach above confirms bullish continuation. A jump to $15/$17 is possible. A surge past $20 will take it to $25/$30.
It is good to buy on dips around $7.50 with SL around $6 for TP of $15.
