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WLDUSDT trade ideas

Worldcoin (WLD) Price Tanks 12% After OpenAI Ousts Sam AltmanOn Friday, November 17, OpenAI – the company behind the widely popular ChatGPT platform, announced the ouster of Sam Altman from the board of directors. This comes as a shock to the broader AI community as Open AI said that they have lost confidence in Altman, who is quite a popular figure in the generative AI space. Worldcoin (WLD) Price Tanks 12% Soon as the news came the Worldcoin (WLD) price tanked by a whopping 12% slipping under $2. WLD is the native cryptocurrency of Sam Altman’s WorldCoin project. Worldcoin acquires users by scanning their irises using its device called Orb. This process generates an “iris code” or “World ID” for users, offering access to the project’s application and creating a “digital passport.” The verification system enables individuals to authenticate their identity, and the assigned iris code prevents the acquisition of multiple identities. Earlier this year, Sam Altman announced the launch of Worldcoin’s native crypto WLD to incentivize users to sign up for the platform. With multiple signups to Worldcoin, the project has been gaining fast traction that also reflected in the WLD price shooting all the way to $2.5 soon after the launch of July. Also, the listing of Worldcoin (WLD) by some popular exchanges like Binance provided the much-required liquidity boost. While Sam Altman has been pushing the Digital iris WorldCoin project hard in the market, it continues to face scrutiny. Furthermore, due to the SEC’s security rules, Worldcoin hasn’t launched the WLD crypto in the US. Worldcoin encountered resistance from countries such as Kenya in August, leading to a suspension of its initiative to scan citizens’ eyes, despite initial directives. Critics argue that the project, which primarily focuses on developing economies, has faced backlash. Participants outside the U.S. and certain other nations receive 25 WLD tokens, approximately valued at $48, upon signing up, raising concerns about potential exploitation. Tiago Sada, who serves as the head of product for Tools for Humanity and contributes significantly to Worldcoin, defended the distribution of free tokens and the project’s focus on developing countries. He argued that many projects in the crypto and tech industries target emerging markets because they are generally more accessible for operations.
Long
by DEXWireNews
WLD/USDT It required break to continue the upward movement !!💎 WLD has indeed garnered considerable attention in the market. Presently, WLD faces a rejection following its encounter with the supply area. There's a possibility that WLD might enter a retesting phase at the support area of $2.05, creating new momentum to break through the supply zone. 💎 However, an alternative scenario involves WLD directly breaking out of the supply area without a retesting phase, probability allowing for a sustained upward movement towards our target area determined using Fibonacci levels. This decision is based on the chart's ambiguous Wick or resistance and unclear supply dynamics. 💎 The unfavorable scenario unfolds if, during the retesting process at the support level, WLD struggles to maintain its position and experiences a breakdown. In such a case, WLD could retreat to the next lower support trendline within the ascending channel, specifically around $1.86. At this juncture, WLD would have a final opportunity for a resurgence by successfully reclaiming the support at $2.05. Failure to do so may result in WLD continuing its downward trajectory, eventually revisiting the key support area.
by MyCryptoParadise_Nathan
3
Is Worldcoin ($WLD) The Future Of CryptoKey Takeaway 1. Worldcoin’s WLD token has a market cap of more than $265 million, despite launching less than a fortnight ago. 2. Although there has been a lot of excitement about the project, some crypto experts claim it is a scam. 3. Can Worldcoin grow, or will it be another forgotten crypto? Worldcoin, the iris-scanning, privacy boosting answer to artificial intelligence created by the man behind the most notorious AI platform around, was the hottest topic in crypto in the summer of 2023. The system, which is designed to create a world where people can carry out transactions internationally, saw its coin hit a market cap of more than $265 million less than two weeks after it came on the open market. WLD Price History Now, let’s examine the, admittedly brief, Worldcoin price history . While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret a Worldcoin price prediction. WLD first came onto the open market in July 2023. On July 24, it opened at an all-time low of $1.66 before reaching an all-time high of $3.58 later that day. Since then, it has fallen down and, on August 4 2023, it was worth about $2.30. At that time, there were 117.89 million WLD in circulation out of a total supply of 100 billion. This gave the token a market cap of about $267 million, making it the 115th-largest crypto by that metric. Worldcoin Price Analysis WLD had a wild ride on its first day of trading. On July 24, it rose 115% before dropping nearly 40% to close at $2.19 and fell a further 12% to $1.91 the following day. Since then, it has mostly traded between $2 and $2.50, suggesting that the latter price could be its upper limit for now. Is Worldcoin a Good Investment? It is hard to say. Keep in mind that WLD has only been openly available for less than two weeks at the time of writing. Therefore, we don’t know how well the token can respond to either massive bull markets or devastating crashes. There are also some concerns about the platform and its token. It has been accused of not quite being all it makes itself out to be. Will Worldcoin go up or down? No one can really tell right now. While the Worldcoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.
Long
by DEXWireNews
Really Bullish on WorldCoin (WLD)I am optimistic about the future of Worldcoin for several compelling reasons. As a cryptocurrency enthusiast, my bullish stance is driven by the following factors: Innovative Technology: Worldcoin boasts innovative technology that sets it apart in the ever-evolving cryptocurrency space. Market Potential: With a clear vision and a strategic roadmap, Worldcoin has the potential to address crucial market needs and carve out a significant niche in the cryptocurrency ecosystem. Strong Development Team: The project's success often hinges on the competence and dedication of its development team. Worldcoin benefits from a talented and experienced team that inspires confidence in its ability to execute its vision. Community Support: A thriving community is a crucial aspect of any successful cryptocurrency project. Worldcoin's growing and engaged community indicate a positive sentiment and a foundation for sustained growth. Strategic Partnerships: The establishment of strategic partnerships can significantly impact a cryptocurrency's adoption and integration into the broader financial landscape. Any notable partnerships or collaborations should be highlighted. Market Trends and Demand: Analyzing current market trends and assessing the demand for Worldcoin's utility or services can provide insights into its potential for future growth. It's important to note that cryptocurrency investments come with inherent risks, and due diligence is crucial. Stay informed about the latest developments, regulatory changes, and market trends to make well-informed decisions.
Long
by rajamnr175
Worldcoin WLD long medium-term trade #18Altcoins prices are starting to reach areas where we would be ready to buy longs for medium-term trades. So we'll try to publish a little more trades for the community in the near future, but it's not certain) Today, we'll take a look at Worldcoin, which is a fairly young coin but has already made "a name for itself". It's worth remembering that many WLDs were given away for free, and some were given for a retinal print. And there are still relatively few coins in circulation of the declared number. Despite the fact that the 12hr candlestick draws a pinbar-like pattern that can give a chance for a rebound to $1.65, we are ready to buy this coin on the following conditions: Entry: in the range of $1.20-1.36 (desired average price of $1.28) Stop: $1.094 (-14.53%) Take profit: $2.27 (+77.34%) P/L ratio: 5.3 Since this is a trade with a medium-term timeframe, and the coin itself is volatile, the stop is relatively large, but the prospects for potential take profit are not bad. We allocate $5,000 for WLDUSDT trade, in the event of a mistake, we will lose $726. If the trade will be a success, we will receive a profit of $3860
Long
by P_S_trade
23
WLD/USDT - Worldcoin: Double_Bottom◳◱ We've a Double Bottom pattern on the MIL:WLD / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 1.779 | 1.926 | 2.262 and the major support zones are respectively at 1.443 | 1.254 | 0.918. ◰◲ General info : ▣ Name: Worldcoin ▣ Rank: 145 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: Worldcoin project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.717 ₮ ▣ 24HVol: 37,818,273.587 ₮ ▣ 24H Chng: 14.619% ▣ 7-Days Chng: 5.77% ▣ 1-Month Chng: 6.07% ▣ 3-Months Chng: -23.62% ◲◰ Pivot Points - Levels : ◥ Resistance: 1.779 | 1.926 | 2.262 ◢ Support: 1.443 | 1.254 | 0.918 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.11 ▣ Last 90D: -0.31 ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: 0.99 ▣ Last 90D: 1.27 ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth WLDUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
WLD │ 20.10.2023BINANCE:WLDUSDT.P Signals for level breakout bar/candles closure near the level; close retest of the level; accumulation of energy for level breakout; consolidation near the level; decrease in trading volumes before the level; there is no reaction to a strong instrument movement; no response to a false level breakout; the instrument is being held from falling/rising in price; there is a reserve of calculated ATR; there is a reserve of technical ATR; Trade Parameters Open : 1.4354; Stop loss : 1.4482; Take profit : 1.3971; 1.3843; 1.3715; Disclaimer Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration. Follow me and receive high-quality cryptocurrency market analysis!
Short
by phoenix_995