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- Worldcoin gained roughly 70% in two weeks after rebounding from May lows.
- Strong trading volume suggests buyers remain active despite recent volatility.
- The $0.319–$0.354 area is emerging as a key zone for potential bullish continuation.
Worldcoin (WLD) has emerged as one of the stronger performers in the crypto market over the past two weeks, rallying roughly 70% after rebounding from a local low near $0.233 on May 18. The sharp recovery has been supported by strong trading activity and growing interest in artificial intelligence-related crypto assets.
However, recent weakness across the broader cryptocurrency market, led by Bitcoin’s decline, has triggered a short-term correction in WLD. The key question now is whether this pullback represents the end of the rally or a potential setup for another move higher.
Strong Volume Supports Worldcoin’s Recovery
One of the most notable aspects of Worldcoin’s recent rally has been the consistent increase in trading volume. Over the past two weeks, spot market activity remained well above average, suggesting that traders were actively participating in the move rather than simply reacting to short-term speculation.
The token also broke above a previous swing high around $0.329, signaling a bullish shift in market structure. This breakout helped reinforce positive sentiment and attracted additional buying interest.
While many cryptocurrencies struggled during periods of market uncertainty, AI-focused tokens showed relative resilience. The sector has generally outperformed Bitcoin in recent sessions, helping support demand for projects like Worldcoin.
Resistance Near $0.44 Remains a Challenge
Despite the strong upward momentum, Worldcoin recently encountered resistance in the $0.44 region, a price zone that has acted as a barrier since February.
Although WLD briefly climbed to approximately $0.48, buyers were unable to maintain control. The token quickly retreated below $0.40, indicating that sellers remain active at higher levels.
Market data also showed a concentration of short liquidations around the resistance area. Once those positions were cleared, profit-taking and broader market weakness contributed to the ongoing retracement.
Why Traders Are Watching the Current Pullback
From a technical perspective, the broader trend remains constructive despite the recent decline. Both higher-timeframe and shorter-timeframe charts continue to show a bullish structure.
Many traders are now monitoring the $0.319 to $0.354 zone, often viewed as a key retracement area. A successful hold within this range could provide a foundation for renewed buying pressure.
On the downside, a move below $0.275 would weaken the bullish outlook and potentially signal a deeper correction.
Also Read: Worldcoin Scandal? ZachXBT Compares Sam Altman’s Crypto to FTX Collapse
Worldcoin’s impressive 70% rally highlights the growing interest in AI-related crypto assets, but the latest pullback shows that volatility remains a defining feature of the market. While resistance near $0.44 has slowed the advance, the broader trend remains positive. If buyers successfully defend key support levels, WLD could still have room for another leg higher in the weeks ahead.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
