Worldcoin (WLD)
The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy through zero-knowledge proofs. The WLD token is designed as a utility token with governance properties, empowering users by giving them a say over the future of the protocol.
Anyway, it is clear that WLD was moving in an ascending-inverted wedge pattern. Then, correction started and WLD broke the wedge downward. It seems correction is unfolding in a descending channel; so, the first sign for reversal should be WLD breaking the channel upward. Let's see what happens.
Anyway, it is clear that WLD was moving in an ascending-inverted wedge pattern. Then, correction started and WLD broke the wedge downward. It seems correction is unfolding in a descending channel; so, the first sign for reversal should be WLD breaking the channel upward. Let's see what happens.
Note
So, WLD finally broke the descending channel.
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