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Worldcoin (WLD) has narrowly avoided setting a new all-time low, despite suffering a staggering 60% decline over the past year. The token remains one of the worst-performing assets among the top 100 cryptocurrencies in 2025. However, a crucial bounce from $0.82 has sparked optimism that a trend reversal could be on the horizon.
Key Support Levels Hold Firm
On-chain data from IntoTheBlock highlights that WLD’s key support zone is around $0.87, as revealed by the In/Out of Money Around Price (IOMAP) metric. This metric categorizes holders based on profitability, showing where significant buying or selling pressure may emerge.
Currently, 253 addresses collectively hold around 48 million WLD tokens at this level. This volume outpaces the unrealized losses between $0.90 and $1, suggesting that WLD might face less selling pressure if it attempts to reclaim higher price levels. If this support remains intact, WLD could see a potential upward trajectory in the near term.
Accumulation Signals a Potential Reversal
The Market Value to Realized Value (MVRV) ratio further supports the possibility of a bullish reversal. This indicator evaluates whether an asset is overvalued or undervalued relative to its fair market price.
On March 10, WLD’s 30-day MVRV ratio stood at -42%. As of today, it has risen to -29.38%, suggesting that the token has likely bottomed out. A continued rise in the MVRV ratio could indicate a growing accumulation phase, potentially leading to a price rebound.
WLD Targets a $1 Rebound
From a technical perspective, Worldcoin’s 4-hour chart suggests a bullish setup. The Moving Average Convergence Divergence (MACD) indicator currently signals upward momentum, with the 12-day Exponential Moving Average (EMA) crossing above the 26-day EMA.
If this bullish trend holds, WLD could push toward $0.96 in the short term. A breakout beyond this level might propel the token past the $1 mark. However, failure to sustain momentum could see WLD retesting $0.70, the new low it hit on March 11.
Also Read: Worldcoin (WLD) Faces 34% Decline as Bearish Pressure Mounts: What’s Next for Investors?
With key support intact and accumulation trends strengthening, WLD’s price trajectory remains uncertain but hopeful. Investors will closely watch for any confirmation of a sustained reversal.
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!
