Worldcoin Launches SMPC Erasing Iris Codes: WLD Price Surges 6%Worldcoin's ( MIL:WLD ) price surged by 6% following the introduction of a state-of-the-art Secure Multi-Party Computation (SMPC) system, developed in collaboration with TACEO. This technology ensures enhanced privacy and security for users' biometric data. The Worldcoin Foundation and TACEO have made significant strides in biometric template protection, leveraging advanced cryptographic research and implementation. The system for encrypting iris codes involves dividing each code into multiple secret shares, which are then distributed among various parties. This method enhances the security of biometric data and upholds user privacy. The entire process and technical details have been made open source and accessible in a GitHub repository, promoting transparency and innovation within the community.
Worldcoin ( MIL:WLD ) has achieved a new benchmark in privacy protection for biometric data through its latest SMPC system. The successful migration of iris codes to this advanced system has allowed Worldcoin ( MIL:WLD ) to securely delete its previous uniqueness-checking system, including all old iris codes. This transition underscores the platform's dedication to privacy and user data security.
The market has shown a positive response, with the price of Worldcoin ( MIL:WLD ) rising to $5.62, reflecting a 5.8% increase within the last hour. With a circulating supply of 210 million MIL:WLD , Worldcoin's market cap now stands at $1.07 Billion which is poised for further gains.
WLDUSDT trade ideas
📊#WLD double bottom bullish structure📈 🧠From a structural point of view, we have made healthy corrections according to the double-top bearish structure, and all short targets have been achieved, with expectations for a rebound. In addition, we have also successfully constructed a double bottom bullish structure in the buying zone, so we will most likely use this structure as a support for the rise to begin to explode.🚀
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
WLD ANALYSIS (1D)Since listing, WLD appears to have completed a bullish diametric. It now seems to be completing the last bullish wave of this diametric, the G wave.
From the Supply range, it can have deep raps downwards.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WORLDCOIN to $8 Next TargetWORLDCOIN to $8 Next Target
Worldcoin is a cryptocurrency project that aims to create a universal basic income by distributing tokens to every person on Earth. It uses a novel iris scanning verification method to prevent fraud. While praised for its potential to reduce poverty and inequality, concerns have been raised about privacy implications.
Potential benefits of Worldcoin include reduced poverty through providing a regular income, increased equality by distributing tokens equally to all, financial inclusion for the unbanked, and economic growth stimulated by people having more money to spend.
However, risks associated with Worldcoin include privacy concerns over the iris scanning data, security vulnerabilities of a large-scale data system, and technical challenges of effectively and securely distributing tokens globally to every individual.
WLD/USDT Bullish Horizon from +OB? What next 👀🚀 💎Paradisers, focus on #WLDUSDT as it presents a strong likelihood of a bullish reversal from the Bullish Order Block at $5.228. If it maintains momentum at this level, there's a significant chance it could initiate a bullish push, aiming to overcome resistance and reach our targeted strong resistance area.
💎 Similarly, we've seen #WLDUSDT break free from a descending channel, marking the onset of a bullish trend. It's currently regaining momentum at the Order Block level, which now acts as a supportive base. Notably positioned above the EMA 200, this encourages our belief that after a brief interaction with the EMA, it may start its ascent.
💎 Additionally, the VRVP shows significant volume at this level, boosting the prospects for an ongoing upward movement. Yet, caution is necessary: if the price cannot hold its ground and dips below the Bullish OB, our next focus would be on a bullish rebound from the lower key support zone at $4.232. A break below this level could invalidate the bullish outlook, leading to further price declines.
💎 As always, applying prudent trading strategies and setting appropriate stop-loss measures are crucial. Remain alert and watch for additional market insights and movements.
MyCryptoParadise
iFeel the success🌴
"WLD" will be out of the box.Hello, friends. Nice to meet you
I wish you all the best today
#WLD
The candle is being consolidation in the box pattern and retesting after breaking through the RED top line.
This is a chart showing Adam and Eve patterns and Cup handle patterns at the same time.
The buy-force in the current wave is likely to break through the upper part of the box pattern and the final destination is the recent high.
Anyway, it goes up.Unique Concept, Sam Altman, AI
Worldcoin is a new global cryptocurrency aiming to become the largest and most inclusive cryptocurrency network in the world by giving Worldcoin to everyone for free. Worldcoin has built a device called the Orb, which captures an image of a person's eyes and converts it into a short numeric code, making it possible to check if the person has already signed up. If not, they will receive their free share of Worldcoin. The original image will not need to be stored or uploaded.
LOOK, where WLDUSDT is it going?Hello, guys!
This is ESS team.
This is WLDUSDT chart which has benefited from AI meta and has been continuing the rally recently.
On daily chart, After drawing Descending Broadening pattern in a long-term,
Candle broke through the pattern at May 5 and is trying to turn the trend.
In the big wave that began in early February,
It rose with being supported by 0.618 in the Fibonacci retracement and rose after consolidation in the 0.236 in the Fibonacci retracement from the recent bearish, and now It is at 0.382.
The conditions for a continuous RALLY in the WLD are
1. In the short term,
The trend continues without breaking the RED uptrend line on a 4H TF,
2. In the long term,
It is supported by the Fibonacci retracement 0.236, which is also top of the Descending Broadening pattern, and then confirm retest.
WLDUSDT(Worldcoin) Daily tf Range Updated till 07-05-24WLDUSDT(Worldcoin) Daily timeframe range. stuck between 6.465-4.390 range level for a while now. trying to get over 6.465 but need more retail interest for that. recent retrace point is at 4.390.if it can stay over 4.390 it will keep trying to push 6.465.
WLDUSDT.PHello Trader BINANCE:WLDUSDT.P
the small resistance has not been able to break out further, it can be used as a benchmark for the short area and valid evidence for another breakdown to the previous support.
but the previous chart pattern was double bottom
take profit 13%
stop loss 3.3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
World Coin Weekly AnalysisWorld Coin (WLD) emerged as the standout performer of the week, registering a remarkable surge of 29.76%. In March, WLD reached its peak at $12.034 before undergoing a correction to $3.698, finding significant support at the 200-day Exponential Moving Average (EMA).
Presently, WLD is exhibiting a double bottom pattern on the daily timeframe, indicating bullish momentum. Resistance is evident at $6.540, with a potential breakout signaling a move towards $7.5 or higher. Weekly moving averages portray positivity, while oscillators remain in a neutral position. Both daily oscillators and moving averages are signaling buy calls, reinforcing the bullish sentiment.
Worldcoin Up 23% As Trading Volume SkyrocketsWorldcoin ( MIL:WLD ) has surged by 23.6% in the past 24 hours, reaching $6.50 for the first time in three weeks. The asset's market cap is currently at $1.32 billion, making it the 70th-largest digital currency. The daily trading volume of Worldcoin ( MIL:WLD ) recorded a 109% rally, reaching $520 million. The total open interest of Worldcoin ( MIL:WLD ) increased by 21.5%, rising from $131.9 million to $160.3 million.
Higher price volatility is expected due to whale activity and potential liquidations. The total MIL:WLD funding rate aggregated from all exchanges dropped from 0.008% to 0.001% in the past 24 hours, indicating increased open interest primarily from augmented short positions. The number of traders betting on a MIL:WLD price fall has increased with the asset's price rally.
The Worldcoin ( MIL:WLD ) exchange inflow is currently at 454,380 MIL:WLD , while the exchange outflow is at 542,360 MIL:WLD , recording a net outflow of 87,980 coins in 24 hours. On-chain movements indicate that some investors are accumulating Worldcoin ( MIL:WLD ) despite bearish expectations. The MIL:WLD Relative Strength Index (RSI) rose from 40 to 61.38 over the past 24 hours, suggesting a slightly overbought asset.
The daily price chart of Worldcoin ( MIL:WLD ) depicts a Bullish "Symmetrical Triangle" which suggest continuation of the current trend in the near term.
Worldcoin WLD price is hard to rise, - then need to fall?Looking at the #WLDUSDT chart, we can assume that after the hype that was at the beginning of the year, interest in the MIL:WLD coin has now waned, if not disappeared.
🤷 After a sharp drop, buyers had a chance to restore the price of #Worldcoin to at least $7, but today sellers took the initiative and are drawing a daily candle that is clearly not for continued growth.
💚 At best, the target lower $4.60 is a strong mirror level, where buyers have to show strength that they won't let #WLDUSD go any lower.
❤️🩹 In the worst case, it's $3.40 for MIL:WLD
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Recovery ---- WLDOpenAI announced that it may release the ChatGPT board search engine on May 9. Unlike other crypto sectors, the AI sector has a high correlation with the market behavior of U.S. technology companies. The most obvious ones are OpenAI and WLD. WLD, as a global token issued by Sam, OpenAI CEO, is regarded by many traders as the embodiment of OpenAI's value. This is why WLD drove the entire AI sector higher over the past week.
During the decline, WLD almost halved. It has entered a narrow range since mid-April. Although it has not broken away from the bearish trend at the daily level, powerful bulls have appeared at the 1h level.
We can clearly see that the TSB indicator prompted a BUY signal on May 2, and then the bullish trend began. In the process of rising, after touching the wavy area many times, the bulls strengthened and continued to rise. WLD currently maintains a healthy bullish trend and is gradually approaching its 15-day high.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
WLD/USDT: Re-entry Post Second False Break, 1:2 R/R RatioWLD/USDT is ready for a strategic re-entry after witnessing a second false breakout. This pattern suggests strong underlying support, providing a compelling buy opportunity. We aim for a risk/reward ratio of 1:2, capitalizing on the resilience shown at lower support levels. This setup positions us to benefit from potential upside as the market reassesses the strength at this price point. Enter now to exploit this recovery phase.
Nothing!!!Hi.
BINANCE:WLDUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which WLD is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
🟢 FALLING WEDGE
✨Targets are:
🎯$6.254
🎯$7.540
🎯$9.465
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
WLD Rally Mode: Your Chance to Buy and Prosper!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.