- WLD is consolidating near $0.59 despite reduced trading volume.
- Technical charts suggest a bullish flag pattern is forming.
- Long-term forecasts see Worldcoin potentially reclaiming $1 by 2026.
Worldcoin (WLD) is showing quiet resilience in a volatile crypto market, with price action suggesting that traders are positioning for a possible upside move. While recent gains have been modest, technical signals and longer-term forecasts are keeping the token firmly on investors’ radar.
At the time of writing, WLD is trading near $0.59, posting a slight daily increase and maintaining a steady weekly climb. Although trading volume has eased, analysts say the broader structure remains constructive, hinting that the market may be consolidating before its next move.
WLD Price Action Reflects Cautious Optimism
WLD’s price has edged up roughly 6.6% over the past week, closing near its recent average despite a notable drop in 24-hour trading volume. This combination suggests reduced short-term speculation rather than waning interest.
Across the wider crypto market, volatility has pressured many mid-cap assets. Against that backdrop, Worldcoin’s ability to hold its range stands out. Market watchers note that consistent discussion around the project’s use case and adoption has helped stabilize sentiment, even as traders remain selective.
Lower volume can sometimes precede sharper price moves, particularly when an asset is compressing within a defined range. For WLD, this has put technical indicators firmly in focus.
Bullish Flag Pattern Draws Trader Attention
According to technical analysts, Worldcoin is forming a bullish flag pattern on the 12-hour chart, sitting above a previously broken falling wedge. This structure is often interpreted as a pause within a broader upward trend, rather than a reversal.
If buyers manage to keep price above key resistance levels, analysts see potential upside targets around $0.65, followed by $0.85 and $0.96. A stronger continuation could even open the door toward the $1.20 level, though such a move would likely require a pickup in volume and positive market momentum.
Traders are closely watching volume behavior, as sustained buying pressure is typically needed to confirm a breakout from this type of formation.
Long-Term Outlook: Can WLD Reclaim $1?
Looking further ahead, some market forecasts remain optimistic. Projections for 2026 suggest that WLD could trade above the $1 mark, with estimates clustering between $0.90 and $1.06 before a more decisive move higher.
Supporters of the long-term thesis point to ecosystem growth and increased participation as key drivers. While a return to Worldcoin’s previous all-time highs would require significant momentum, analysts agree that regaining $1 would be a major psychological milestone.
Also Read: Zcash Whales Make a Bold Move as $900M in Leverage Signals a Breakout
Worldcoin’s current price action reflects a market in wait-and-see mode. Despite softer volume, the technical setup remains constructive, and long-term forecasts continue to support cautious optimism. For now, WLD appears to be building a base—one that could determine whether the next move is a breakout or another period of consolidation.
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 CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.