Worldcoin Surges 10% as Bullish Momentum Drives Price Above $1.53

Worldcoin (WLD) has recently surged into the spotlight with a significant breakout above key resistance levels, currently trading at approximately $1.53, marking a daily increase of over 10%. Both hourly and daily charts indicate strong bullish momentum, suggesting a potential upward trend for WLD.

The hourly chart reveals a clean parabolic breakout after WLD price consolidated below the $1.25 range for several sessions. The launchpad for this breakout formed near the 100-hour moving average ($1.21), which acted as a springboard. A bullish crossover among the 20, 50, and 100 SMAs reinforced the upward pressure, leading to a sharp rally that peaked at around $1.60 before consolidating in a tight range.

On the daily chart, the breakout confirms a trend reversal from the extended downtrend seen earlier in the year. This rally has decisively cleared the SMA 100 ($0.97) and SMA 50 ($0.96) zones and is now challenging the longer-term SMA 200 resistance at $1.63. This level is crucial; if the daily candle can close above it, we could see acceleration toward the $1.80 pivot.

Support currently lies near $1.48–$1.50, which aligns with the 20-hour moving average and the Fibonacci retracement zone between 38.2% and 50%. This is the critical “cooling-off” support. If bulls hold this level, it would establish a solid higher low for another breakout. On the resistance side, the daily chart's Fibonacci R2 zone lies near $1.62–$1.66, with an extended target zone around $1.80 (the R3 Fibonacci extension). For confirmation of a bullish continuation, Worldcoin price must close above $1.63 on high volume.

The Heikin Ashi candles on both timeframes are green with small upper wicks — a classic bullish continuation signal. This pattern shows that despite some intraday selling, buyers are consistently overpowering sellers. The absence of long upper wicks tells us the price isn’t facing serious rejection yet. Moreover, the moving average ribbon is clearly fanning out on the hourly chart — a hallmark of a strong bullish trend. Price is consistently bouncing from the 20-hour SMA, currently at $1.51, which reinforces this as a short-term support floor.

Let’s run a simple Fibonacci extension calculation. Taking the breakout leg from $1.20 to $1.60, a 1.618 extension gives us: $1.20 + (1.618 × 0.40) = $1.85. This aligns with the upper daily Fibonacci projection level (R3 zone), validating $1.80–$1.85 as a realistic short-term target if $1.63 breaks cleanly. This means a move from the current Worldcoin price of $1.53 to $1.85 would be about a 21% upside, which is very plausible given the strength of the recent breakout.

If Worldcoin price fails to hold the $1.50 range and slips below the 20-hour SMA, the next support is at $1.32 (50-hour SMA). A breakdown below that could drag WLD price back to the $1.20 zone — effectively erasing this week’s rally. Volume analysis also shows that the recent leg up was accompanied by a volume spike — this is bullish. But if price stalls while volume drops, we may see consolidation or a short-term dip.

If momentum continues and volume holds, Worldcoin (WLD) price is poised for a short-term rally to $1.80–$1.85. Key levels to watch: hold above $1.50, break above $1.63, and target: $1.80–$1.85. Unless broader market sentiment turns bearish, the next 72 hours could see WLD test and possibly break above $1.80. A confirmed close above $1.63 is the green light.