Worldcoin Consolidates in Triangle Pattern Signaling 60% Potential Move

Worldcoin (WLD) has been consolidating within a tightening triangle pattern since February 2025, with the price currently hovering near $0.9752 [1]. This formation, characterized by converging trendlines, suggests a potential 60% price move in either direction once a breakout occurs. Analysts and traders are closely watching the pattern as it approaches its apex in late August, with momentum building daily [1].

The triangle pattern has been forming through a steady compression of price action, with the upper boundary capping rallies near $1.30 and the lower support line reflecting a series of higher lows around $0.68 and $0.74 [1]. Over the past six months, the structure has remained intact, indicating a period of accumulation and indecision. The recent mild 4.30% upward move from the lower trendline has drawn further attention to the unfolding technical setup [1].

According to technical analyst Ali, the pattern has been "coiling within a triangle, building pressure for a potential 60% move" [1]. His chart, shared on social media, highlights the symmetrical triangle as a precursor to potential volatility. The structure typically leads to a decisive directional move once it reaches its apex, and the current positioning of the price just below the $1.00 mark adds to the anticipation [1].

If Worldcoin breaks above the upper resistance level, the price could surge toward $1.56 or beyond. Conversely, a breakdown below the ascending trendline support may send prices toward $0.60 or lower [1]. A key factor in confirming the direction will be strong volume and candle closures outside the triangle’s boundaries. Currently, volume remains muted, but a breakout with high participation could trigger sharp price action [1].

Market sentiment is building as the decision point nears. Traders are debating whether the pattern will lead to an upward move toward $1.50 or a sharp pullback under $0.75. With the apex expected to align with late August or early September, any deviation from the triangle before that could signal early volatility [1]. The asset has previously shown strong reactions to breakouts, with short-term price swings exceeding 30% in either direction [1].

Source: [1] Worldcoin Forms Tight Triangle at $0.97 Signaling 60 Percent Move (https://cryptonewsland.com/worldcoin-forms-triangle-at-0-97-signaling-60/)