Date: Sat, Oct 04, 2025 | 01:04 PM GMT
The cryptocurrency market is showing strength as the prices of both Bitcoin (BTC) and Ethereum (ETH) have surged over 11% in the past 7 days. Riding this resilience, major altcoins have made significant gains excluding Worldcoin (WLD).
$WLD is still trading in red on the weekly performance, but what makes it more interesting is its technical structure, which could be gearing up for a bullish reversal in the near term.
Source: Coinmarketcap
Rounding Bottom in Play?
On the 4H chart, WLD appears to be shaping a rounding bottom, a classic bullish reversal pattern that often signals accumulation before a powerful upward move.
The pattern began forming after WLD faced rejection near $1.38, which led to multiple highs and lows within the structure. The recent rejection from the neckline zone has now pulled the price back to $1.28 near the rounding bottom support, where a potential bounce could take place.
Worldcoin (WLD) 4H Chart/Coinsprobe (Source: Tradingview)
What’s Next for WLD?
If the pattern continues to play out as expected, buyers need to defend this support around $1.27. A successful reclaim of the 100 MA could position WLD for a breakout from the neckline resistance zone above $1.38. A breakout confirmation would likely trigger a bullish move toward the next potential target of $1.57.
That said, traders should also keep a close watch on the rounding bottom support, as a breakdown below it may invalidate the bullish outlook.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
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Is Worldcoin (WLD) Gearing Up for a Bullish Reversal? Key Pattern Formation Suggest So!
Date: Sat, Oct 04, 2025 | 01:04 PM GMT The cryptocurrency market is showing strength as the prices of both Bitcoin (BTC) and Ethereum (ETH) have surged over 11% in the past 7 days. Riding this resilience, major altcoins have made significant gains excluding Worldcoin (WLD). $WLD is still trading in red on the weekly performance, but what makes it more interesting is its technical structure, which could be gearing up for a bullish reversal in the near term.
Source: Coinmarketcap Rounding Bottom in Play? On the 4H chart, WLD appears to be shaping a rounding bottom, a classic bullish reversal pattern that often signals accumulation before a powerful upward move. The pattern began forming after WLD faced rejection near $1.38, which led to multiple highs and lows within the structure. The recent rejection from the neckline zone has now pulled the price back to $1.28 near the rounding bottom support, where a potential bounce could take place.
Worldcoin (WLD) 4H Chart/Coinsprobe (Source: Tradingview) What’s Next for WLD? If the pattern continues to play out as expected, buyers need to defend this support around $1.27. A successful reclaim of the 100 MA could position WLD for a breakout from the neckline resistance zone above $1.38. A breakout confirmation would likely trigger a bullish move toward the next potential target of $1.57. That said, traders should also keep a close watch on the rounding bottom support, as a breakdown below it may invalidate the bullish outlook. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.