Analyzing the WLD/USDT 1-day candlestick chart on Binance, an overall downtrend is evident since early 2024, marked by a peak in early March followed by consistent declines, indicating significant selling pressure. A descending triangle pattern formed between late November 2024 and early January 2025, characterized by a horizontal support line around 1.843 and a series of lower highs. The price has broken out of this pattern, currently at 2.372, up 11.47% on the day of observation. A retest of the 1.843 support level is anticipated, with a potential rally towards the 10.613 mark if successful, suggesting a bullish outlook based on technical analysis.
Worldcoin (WLD) is a cryptocurrency project that aims to establish a global identity and financial network by utilizing "Orb" devices to scan users' irises, creating unique and verifiable identities. The WLD token serves governance and payment functions within the Worldcoin ecosystem. As a relatively new project, its value is subject to high volatility, a common characteristic among emerging crypto assets.
In related news, OpenAI CEO Sam Altman, also a co-founder of Worldcoin, has gained significant advantages through the Trump administration's Stargate AI infrastructure project. Announced on January 21, 2025, Stargate is a $500 billion initiative led by OpenAI, SoftBank, and Oracle, aiming to construct AI data centers across the United States. The project is expected to create over 100,000 American jobs and enhance the nation's AI capabilities. Altman emphasized that Stargate would enable the development of artificial general intelligence (AGI) within the U.S., marking it as a pivotal project of this era.
Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Worldcoin (WLD) is a cryptocurrency project that aims to establish a global identity and financial network by utilizing "Orb" devices to scan users' irises, creating unique and verifiable identities. The WLD token serves governance and payment functions within the Worldcoin ecosystem. As a relatively new project, its value is subject to high volatility, a common characteristic among emerging crypto assets.
In related news, OpenAI CEO Sam Altman, also a co-founder of Worldcoin, has gained significant advantages through the Trump administration's Stargate AI infrastructure project. Announced on January 21, 2025, Stargate is a $500 billion initiative led by OpenAI, SoftBank, and Oracle, aiming to construct AI data centers across the United States. The project is expected to create over 100,000 American jobs and enhance the nation's AI capabilities. Altman emphasized that Stargate would enable the development of artificial general intelligence (AGI) within the U.S., marking it as a pivotal project of this era.
Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.