Worldcoin ( WLD ) price prediction: Launching on a leading CEX in South Korea boosts market capitalization to a new high. Can WLD surge to 4 dollars?

Despite the fact that the price of Worldcoin (WLD) has fallen by about 85% from its historical high, its market capitalization has reached an all-time high due to the continued issuance of the Token. Recently, with the launch of a local leader exchange in South Korea, the volume of WLD has exploded, making it one of the top ten Crypto Assets by volume, and triggering a wave of price Rebound. This article will analyze its short-term price prediction and explore its rapidly growing user and partner base.

Market Performance: New Highs in Market Capitalization and Price Correction

Worldcoin (WLD) is showing an interesting dynamic in its market performance: although the price is far from its peak, its market capitalization has reached an all-time high. This is mainly due to the continuous issuance of the Token, which has led to an increase in circulating supply.

Key catalyst: Recently, the price of WLD broke through a year-long downward channel, with the biggest driving force being its listing on the largest exchange in South Korea. This move has brought significant exposure to Worldcoin and triggered a sharp rise in trading volume.

Latest price: After reaching a high of $2.00, WLD is currently consolidating around $1.60. Meanwhile, its futures open interest has fallen to $775 million after peaking at $852 million, indicating some profit-taking and increased market volatility.

WLD Price Prediction: Key Price Levels in the Bull-Bear Battle

(Source: TradingView)

From a technical perspective, the WLD price has successfully broken through the falling channel, but encountered a bearish rejection at the key monthly resistance level of 2.00 dollars.

Support and Resistance: The current support area at $1.60 is crucial. If WLD can hold this level, it is expected to launch a new offensive towards $4. However, if it breaks down, the price may face a deeper correction, first retreating to the $1.50-1.52 area near the 50% Fibonacci retracement level, and possibly even dropping to the major demand zone at $1.42.

Technical indicators: The Relative Strength Index (RSI) has cooled from the overbought zone, and the momentum of the Moving Average Convergence Divergence (MACD) is also weakening, indicating that the price may undergo short-term consolidation or correction.

Fundamentals: Users and Partners Accelerate Growth

While the Token price fluctuates, Worldcoin's fundamentals are accelerating growth, showing strong adoption momentum.

User growth: The number of active users of Worldcoin has recently reached an all-time high, with its deployment expanding comprehensively across multiple regions globally, including Latin America, Asia, Africa, and the United States.

Partners: The project has established partnerships with major companies such as Razer and Match Group, as well as several city governments. This indicates that as adoption rates increase, the demand for seamless, secure, and scalable encryption infrastructure is becoming more pronounced.

Conclusion

The recent performance of Worldcoin is a typical case of the complexity of the crypto market: price pressure from token inflation coexists with market euphoria triggered by external catalysts (such as listings on exchanges). Although the market capitalization of WLD has reached an all-time high, whether its short-term price can maintain above key support levels and continue its global expansion will be crucial in determining whether it can achieve more ambitious price targets. In the long run, the success of Worldcoin will depend not only on its token price but also on whether it can genuinely address the digital identity and financial inclusion issues it claims to solve, thereby realizing its grand vision in the decentralized finance space.