Worldcoin Price Prediction: Can WLD Reach $10 in the Next Bull Market?
Worldcoin (WLD) is on a mission to make blockchain technology accessible to everyone, and its recent advancements in digital identity and high-profile partnerships are driving its growing market influence.
Some media outlets speculate that WLD could hit $10 in the next bull market, but how realistic is this target?
Meanwhile, PlutoChain ($PLUTO) is creating buzz by enhancing Bitcoin’s functionality with smart contracts and decentralized apps (dApps), potentially expanding BTC’s use cases and strengthening its network capabilities.
Technical Analysis: Can WLD Hit $10?
Currently trading between $1.50 and $2.00 (according to CoinGecko), WLD faces a significant resistance level at $3.50. If it breaks past this barrier, the next critical threshold is $6.00, paving the way toward the long-term $10 target.
From a technical standpoint, WLD’s Relative Strength Index (RSI) is at 54, indicating neutral momentum. A steady increase in trading volume could push RSI into overbought territory, fueling upward price movement.
Moving averages provide a mixed outlook. The 50-day moving average, slightly above the current price, acts as near-term resistance, while the 200-day moving average offers long-term support, reflecting gradual upward trends.
Worldcoin’s alignment with growing global demand for secure and inclusive financial solutions positions it as a key player in this space. Binance analysts are optimistic, with projections suggesting WLD could achieve a 5x to 10x increase in the next bull run, contingent on breaking resistance levels and maintaining adoption momentum.
Bitcoin’s New Evolution: PlutoChain ($PLUTO)
Traditionally limited in versatility compared to blockchains like Ethereum, Bitcoin’s potential could be redefined by PlutoChain. Offering a block time of just 2 seconds, PlutoChain enables faster, scalable, and cost-effective transactions.
This innovation opens doors for smart contracts and dApps to flourish on Bitcoin’s secure infrastructure, potentially changing the narrative around its functionality and expanding its use beyond a store of value.
Conclusion
For WLD to reach the ambitious $10 milestone, it must overcome critical resistance levels, sustain positive momentum, and benefit from broader adoption of blockchain technologies like decentralized finance and digital identity solutions. Similarly, PlutoChain’s advancements could revolutionize Bitcoin’s role, making the cryptocurrency ecosystem more robust and functional.
DOWNLOAD NOW ON Google Play and claim your free on Playcoinmarket