Breaking Out of Consolidation: Worldcoin’s Path to New All-Time Highs

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Worldcoin (WLD) has surged  gaining 7% in the past 24 hours and claiming the top spot among market performers. This rally follows a breakout from its consolidation phase that lasted from December 18, 2024, to January 2, 2025, with multiple retests at the $2.36 price zone after the breakout.

Short-Term Targets

As WLD maintains its upward trajectory, the next immediate target stands at $2.92.

During the October-November 2024 pump, WLD hit $4.02, corresponding to the 1.618 Fibonacci level, before experiencing a correction.  Additional short-term targets include $4.02, $5.21, and $7.58.

If WLD secures a daily candle closure above $3.03, it could revisit its March 2024 all-time high near $11.

Macro Targets

Looking ahead to the macro outlook, WLD aims for a bullish trajectory in this bull run, with macro targets set at $14.70, $23.01, and a potential peak at $39.50. Given that this is WLD’s first bull run, it may exceed expectations and redefine its position in the market.

Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before making any investment decisions.

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