Worldcoin Price Outlook: WLD Might Hit $1.40 Amid Falling Wedge Pattern

Worldcoin's chart flashes a classic bullish signal—can it break out?

Technical traders are circling WLD. The digital asset has carved a textbook 'falling wedge' pattern on its daily chart, a formation that often precedes explosive upside moves. This isn't just lines on a screen; it's a battle between supply exhaustion and pent-up demand.

The $1.40 Target

All eyes are on that $1.40 level. For the pattern to validate, WLD needs a decisive breakout above the wedge's upper trendline. That move would signal the consolidation is over and buyers have seized control, potentially fueling a rally toward the projected target. It's a clean technical narrative, the kind that gets algos buzzing and Telegram groups hyped.

Risks in the Wedge

But wedges can break down, too. A failure to hold support at the pattern's lower boundary could see the setup invalidated, triggering a sell-off toward lower supports. In crypto, technicals are a compass, not a GPS—regulatory whispers or a broader market sneeze can blow any chart pattern off course. Remember, for every 'textbook breakout,' there's a portfolio manager somewhere explaining a 'textbook failure' to their risk committee.

The pattern is set. The target is clear. Now, Worldcoin just needs to execute.

Short-Term Chart Shows Resistance and Support

According to crypto analyst @Finora_EN, on the 2-hour chart, WLD remains structurally bearish, showing a pattern of consistent lower highs and lower lows. The price is consolidating after a sharp sell-off. Immediate upside resistance sits at 0.51–0.52, followed by 0.58–0.60, while the major higher-timeframe supply zone lies at 0.62–0.65.

The flip side is that the local demand area around $0.48-$0.49 is currently holding. However, if it breaks below this level, it may test $0.47 levels or even lower levels. Until WLD moves above $0.52 levels and establishes a higher low, all upside moves will be considered a correction within the trend.

Falling Wedge Signals Possible Reversal

Another crypto analyst, @JohncyCrypto, noted that: “WLD has been trading inside a falling wedge formation since early September.” This indicates that it is making lower highs and lower lows that converge on a point. This type of formation typically forms a bullish reversal when it occurs after a large drop. The top line is a resistance level, while the bottom line is a support level.

The price is hovering over the support zone at $0.45-$0.49. With every touch at this zone, it indicates the presence of buyers. The volumes are reduced during the time it is consolidating. The major resistances lie at $0.56, $0.65, $0.85, $0.96, and $1.20. It may start having an upward movement when it breaks above $0.56 with increased volumes.

Additionally, if the breakout continues, the targets WOULD be $1.20 to $1.40, and the dominant resistance will be at $2.00. This technical formation appears to indicate a bullish market reversal after a period of declining action. Nonetheless, if the price drops below $0.45, the bearish theory will fail.