- Worldcoin WLD token has surged nearly 80% in the past month, boosted by a $135 million funding round, the U.S. launch, and the introduction of the Orb Mini device for easier identity verification.
- Technical breakout signals suggest WLD could rally further toward $2.8 if it breaks key resistance around $1.65.
Worldcoin (WLD) has been making waves in the crypto space following its recent launch in the United States and an impressive $135 million funding round from top venture capitalists like a16z and Bane Capital. This surge of activity, combined with new tech releases, has sparked renewed investor interest and sent the token on a promising upward trajectory.
Worldcoin Strong Growth and User Adoption Drive Interest
In the past month, WLD has gained around 80%, currently trading near $1.54, and its 24-hour trading volume has more than doubled. This surge has contributed to a near 15% price increase within just one day, reflecting growing enthusiasm among traders and holders.
A key factor behind this momentum is Worldcoin’s rapid user adoption. Over 26 million people have joined the World network, and nearly half have verified their unique identity through the project’s biometric verification device, known as the Orb. To make the process easier and more accessible, Worldcoin recently introduced the Orb Mini on April 30 during the “At Last” conference. This smaller, more portable device is expected to accelerate identity verification, especially in the U.S., where users receive 150 WLD tokens as an incentive.
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Technical Breakout Signals Potential Upside
The technical charts reinforce this bullish outlook. Over the last month, WLD formed a rising wedge pattern — typically a sign of a potential breakout. Yesterday, WLD broke above this wedge with strong trading volume, signaling that an uptrend could be gaining strength.
While the token still carries a 27.1% loss year-to-date due to earlier market downturns, this recent breakout suggests a possible reversal. Analysts note that if WLD sustains its momentum, it could rally sharply toward the $2.8 level, representing a 115% gain from current prices. This target is based on the wedge’s height and historical price movements following such patterns.
Key Levels to Watch
Traders should keep a close eye on the $1.60 to $1.65 resistance zone, which has previously halted WLD’s advance. A successful break above this range could trigger a cascade of buy orders and push the price higher quickly. On the downside, support at around $1.30 remains critical to watch, as a fallback there would indicate a temporary pullback but keep the broader uptrend intact.
With strong backing from venture capital, rising user adoption thanks to innovative devices like the Orb Mini, and promising technical signs, Worldcoin’s WLD token looks positioned for a significant rally. If key resistance levels are breached, investors might see WLD approach the ambitious $2.8 target in the near term.
Worldcoin’s unique combination of biometric identity verification and token incentives is creating a compelling ecosystem that could further fuel the token’s growth as adoption expands globally.
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