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World Chain Eyes Ethereum Layer 2 Expansion With New IntegrationWorld Chain, an AI-driven crypto project backed by Sam Altman, is making significant waves in the market with its latest strategic move. The project has officially announced the integration of 'Across' to streamline cross-chain transactions and further its expansion into Ethereum Layer 2, an endeavor that has sparked widespread discussions among crypto enthusiasts. This advancement, alongside the coin’s ongoing price activity, has fueled speculations on whether Worldcoin ( MIL:WLD ) could achieve the ambitious target of $5. Developments: Integration of 'Across' On November 1, World Chain revealed its collaboration with Across, an established cross-chain bridge known for facilitating efficient and cost-effective transactions across multiple EVM-compatible blockchains. This strategic integration positions World Chain as a formidable player in the Ethereum Layer 2 space, enabling the project to provide secure and affordable cross-chain transfers right from the start. With the addition of Across, developers on World Chain can now harness native interoperability to build powerful cross-chain applications. Moreover, users can seamlessly bridge key assets like ETH, wETH, USDC, and wBTC, bolstering World Chain’s ecosystem and attracting a broader user base. The project has also adopted ERC-7683, a cutting-edge swapping standard co-developed by Across and Uniswap, adding a new layer of functionality to its network. Market Sentiment and Potential Price Movement Despite these promising advancements, WLD’s market performance has been mixed. At the time of writing, MIL:WLD is trading at $1.93, reflecting a 2.13% intraday decline. The token has experienced volatility, with its 24-hour low and high recorded at $1.85 and $1.99, respectively. Over the past month, however, MIL:WLD has gained 15%, demonstrating resilience and the potential for growth. Crypto market participants remain cautiously optimistic about WLD’s future, especially in light of the project’s Ethereum Layer 2 expansion. Nevertheless, a $5 price target appears overly ambitious under the current market conditions. Data from Coinglass indicates a 4% drop in WLD’s futures open interest (OI) to $214.60 million, hinting at mixed investor sentiment and uncertain price prospects. Technical Analysis From a technical standpoint, MIL:WLD is facing significant hurdles. The coin is trading within a falling trend channel, with no signs of a breakout. The RSI (Relative Strength Index) is hovering at 36, indicating oversold conditions and weak momentum. The lack of positive price action comes amid lingering concerns over Worldcoin’s controversial iris-scanning technology, which has faced regulatory scrutiny in several countries. Crucially, MIL:WLD is approaching a critical support level at $1.50, aligning with its one-month low. This support level could serve as a key pivot point, potentially triggering a rebound if buying pressure increases. However, for MIL:WLD to sustain a meaningful rally and aim for higher price targets, it must overcome the 200-day exponential moving average (EMA) and break past the resistance level at $3.00. Path to $5: A Long-Term Vision While a $5 price target may seem far-fetched in the short term, there are scenarios where MIL:WLD could achieve this milestone. The successful execution of its Ethereum Layer 2 strategy could drive greater adoption, especially if transaction fees and network efficiency improve as promised. Additionally, if World Chain’s AI-meets-crypto model gains traction and the project’s user base expands globally, the token’s valuation could see a significant boost. Nevertheless, the road to $5 is fraught with challenges. The project must overcome technical resistance levels and mitigate negative sentiment surrounding its biometric technology. Market conditions and broader crypto trends will also play a pivotal role in shaping WLD’s future price trajectory. Conclusion World Chain’s integration with Across marks a pivotal step in its quest to become a leading Ethereum Layer 2 player. While the move has bolstered the project’s fundamentals, WLD’s technical outlook remains under pressure. The coin’s journey to $5 will require overcoming substantial hurdles, but with strategic execution and market support, Worldcoin ( MIL:WLD ) could potentially turn the tide. For now, investors are watching closely, waiting for signs of a momentum shift as MIL:WLD continues to navigate its evolving landscape.
by DEXWireNews
2
OP/USDT Secondary trend. Wedge. Pivot zones. 27 07 2024OP/USDT Secondary trend. Wedge. Pivot zones. 27 07 2024 Logarithm. Time frame 3 days. A descending wedge is forming. The price is near the dynamic Gann support (reaction from it), but still in the range of the descending wedge pattern. The reaction in this resistance zone will determine the trend for the near future. On the chart, I have specifically shown the minimum percentages of the two key reversal zones for the trend to local resistance levels, for the potential of option A and B. Major trend. OP/USDT Major trend. 07 2024 Time frame 1 week.
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by SpartaBTC
1
Long Shadow Token Another little gem on the Solana network is Shadow. While all the Layer 2 coins have had their chance to pump, Shadow has really waited patiently behind the scenes. Not many people know about it because it's not listed on any of the CEX's. I used Jupiter (a Solana Dex) to get mine. Anyway, I think SHDW could pump soon. I am setting my target to around 2.40, taking profits along the way at the various levels I have drawn. My stop out will be just under that blue ascending TL. This gives me an RRR of around 3/1. Best, Stew
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by stewdamus
StarkNETStarknet 1 of the 3 largest and expected airdrop 95% already claimed. Marketcap 1. 3bn In April, they first unlocked 20% of the circulation then the Team changed the tokenomics Now monthly small unlocks until 2027 Airdropers could sell STRK at $3. Starknet is probably the main L2 right now. It's not EVM compliant. The project is focused on the fact that the project will be super productive. The only L2 where the token is burned is utilities. Fundraising 225 million dollars 
 Psychology and Attitude towards the project
 -Drophunters - they have waited a long time to sell and few people will buy this project lower
 -Those who didn't get the airdrop - they hate the project and won't buy it for sure
 -Those who hear the above two categories of people do not enter the project assessing its capitalization and heath from others
 - Then some bought tokens from all the airdroppers. 
 
The conclusion of the project in the zone of near-hate for me, is a green flag. Why? This happened with SEI gave out a drop of a few dollars and then the project made 10x+. 
NEON was disappointed with its market entry and then did 30x after that
 At the moment of maximum hate, there are few token holders and no pressure on the order book = it is easy to move up, having made 100% few people will buy thinking that the project is overvalued. And for those who made 100% fix profit and growth becomes even easier. 

TVL is growing People don't want to look at old projects as I wrote in the previous post People always look at new narratives, 2020-2021 coins are already taking a back seat to the new projects
 Now this is one of the new projects to look at you can expect a project in the top 40 on coinmarketcap with a price of only 5$. To begin with, we have to get out of the buildup I've shown on the chart. Best regards EXCAVO
Long
by EXCAVO
1
$ARB #Arbitrum preparing for the skies...As i said in my previous ideas, #ARB is heavily undervalued and I say this again. AMEX:ARB must reclaim new highs and ATH. This L2 season will be insane. Op has started the race, now it' s the time for ARB and MATIC / Polygon. In short time frame, the cup has formed and now the price is forming the handle. If declination does not come from the last week' s top, $Arbitrum price will likely visit the previous All Time High. NOT FINANCIAL ADVICE.
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by naphyse
$GRAIL is preparing for mooning..#Grail is #camelotexchange 's native token. Camelot is #Arbitrum 's one of the leading exchange. With #ARB 's moving , GRAIL has started the bull run. Now , #GRAIL is testing the resistance. I pointed the targets on chart whether price declination or breaking out. Grail' s market cap is extremely low for a leading exchange. I think it' s undervalued. But , beware if LSE:ARB or MIL:BTC dumps , grail will dump faster. Always, DYOR. NOT FINANCIAL ADVICE.
Long
by naphyse
Web3 Gaming buy: $IMX "Increasing the affordability, speed, and security of transactions, Immutable X is scaling the Ethereum NFT economy with zk-Rollup technology." They are currently a dominant web3 gaming infrastructure project especially after partnering with Polygon. Here's a good recent interview IMX founder: podcasts.apple.com Web3 gaming narrative is strong. I will be buying CRYPTOCAP:IMX on pullbacks, and expect there may be some resistance overhead at the weekly OB marked on the chart. Happy Trades, CD
Long
by cryptodonovan
BAKE going fractalobolicYou say FRACTAL I say BINANCE:BAKEUSDT ! Just look at this! 30m TF right before and 1h TF at newest formation, the same structure with the volume, almost the same FIB. Adding to the fact that we're about to break the Long going trendline AND the fact that it has just announced a partnership with BASE L2 blockchain We might see the very parabolic move. Are we gonna see next 200%? It's a matter of days if we'll see it. High Risk. High Volatility. Probable High and quick reward.
Long
by A_I_Vision
2