Altcoins News
By Maheen Hernandez
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Worldcoin (WLD) has recently caught the attention of major crypto players, with data showing a significant uptick in whale and institutional activity.
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According to the latest on-chain data from analytics firm IntoTheBlock, large transactions involving WLD—those ranging between $100,000 and $1 million—have surged by 384% in just…
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This wave of activity strongly suggests that smart money may be accumulating WLD in anticipation of a further price rally.
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Market sentiment also supports the bullish scenario. On Binance, the WLD/USDT Long/Short Ratio recently stood at 2.12, with nearly 68% of top traders taking long positions.
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Further insights from CoinGlass show that traders have become heavily leveraged at the $1.05 support and $1.11 resistance levels. In the past 24 hours alone, around $3.
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Technical analysis confirms that WLD is approaching a decisive point. The asset is currently retesting the $1.
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However, the downside risks cannot be ignored. If the support at $1.05 fails to hold, WLD could fall by as much as 20%, possibly dipping to around $0.81.
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While the direction of the next major move remains uncertain, the influx of institutional capital suggests confidence in WLD’s long-term potential.
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At present, Worldcoin sits at a critical technical and psychological level. Market participants will be watching closely to see if the asset can hold its ground.
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The coming days may prove pivotal for WLD. Whether the coin moves higher or corrects further will largely depend on its ability to maintain support, continued institutional…
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