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Key Takeaways:
- WLD price rose 6% to $1.245, nearing its monthly high of $1.28.
- Active users surged 65%, while buy volume hit $40 million in 48 hours.
- Profit-taking and exchange inflows may slow momentum if $1.28 isn’t flipped.
After briefly retracing to $0.99 following a rejection at $1.13, Worldcoin (WLD) has regained bullish momentum, climbing to a monthly high of $1.28. As of writing, the token is trading at $1.245, up 6.04% in 24 hours, with trading volume surging 92.91% to $379 million, signaling strong renewed interest in the altcoin.
On-Chain Metrics Signal Sustainable Growth
According to data from Santiment, Worldcoin’s Price Daily Active Addresses (DAA) Divergence has stayed positive for over a week, suggesting a healthy increase in both price and user activity. Active user count has climbed from 500 to 826 in recent days, pointing to genuine demand behind the rally rather than speculative trading.
This uptick is further confirmed by Coinalyze, which reported over $40 million in buy volume within the past 48 hours—evidence of growing accumulation and address activity supporting the bullish breakout.
Profit-Taking Begins as Exchange Inflows Rise
While the short-term trend remains bullish, some investors are already looking to lock in gains. CoinGlass data shows that Spot Netflow turned positive for the first time in 30 days, hitting $1.20 million. This indicates more WLD tokens are being deposited on exchanges—typically a sign of profit-taking behavior.
Simultaneously, the stock-to-flow (SFR) ratio of Worldcoin dropped to 599, reflecting an increased circulating supply. Historically, such shifts have signaled potential short-term downward pressure on price.
WLD Battles Long-Term Resistance at 200EMA
From a technical perspective, Worldcoin is attempting to flip its 200-day Exponential Moving Average (EMA)—a long-term trend indicator—located around $1.28. This level has acted as resistance over the past 24 hours. A decisive close above the 200EMA could propel WLD toward the next key resistance at $1.70.
Also Read: Worldcoin (WLD) Whales Accumulate as Price Crashes — Is a Major Rebound Coming?
However, failure to break above this threshold may lead to a pullback, with $1.09 acting as the nearest support level in the event of a rejection.
Worldcoin’s recovery is being driven by real user growth and accumulation, not just hype. However, rising exchange inflows and lower scarcity metrics hint at a delicate balancing act between bullish potential and profit-taking.
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 a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
