Worldcoin rises to over 25%after re -testing the lowest lowest in March, which is possible to further rally?

• Worldcoin (WLD) shows 25.33%in 24 hours, reflecting a strong bullish feeling and upset.
• MACD and RSI show the continued bullish potential, but RSI signals possible excess conditions.

Worldcoin is a profitable cryptocurrency project that uses iris biometry. Digital assets, developed in 2019, have registered diverse market movements as it fights various regulatory requirements in different countries. During the day, Worldcoin opened its price value to $ 1.0312, continuing its rise to the current reading for $ 1.15, noting $ 25.33% in just 24 hours.

Technical Analysis: MACD and RSI indicators

The MACD line is 0.0484 and the signal line at 0.0016 during the observation. The MACD is above the signal line, which refers to a positive impulse, so it shows a clear bullish crossover. This bullish signal is strengthened by the rising strips of the histogram, indicating continued upward movement, which may indicate that the price is at an early stage of parabolic rise.

RSI is currently 73.91, which enters excessive territory. Although it usually signals a possible setback or correction, the RSI here suggests that the sign is strong. This should be closely monitored for the signs of divergence or turning.

Looking at the price measures, the sign recently made its downturn in March and early April before it bounced heavily. The parabolic price movement seen in recent days has been caused by strong recovery after these shallow. Which refers to a strong bullish sentiment. Although RSI shows excessive conditions, the MACD and the price structure refer to further bullish potential. Provided that the sign is able to maintain its recent support.

Worldcoin Current Price Action

When monitoring the market movement during the press, Coinmarketcap data shows that Worldcoin (WLD) trades at $ 1.15, reflecting an increase of 25.33%over the last 24 hours. Market capitalization is $ 1.5 billion, with a 24-hour trading volume of $ 465.68 million, showing 155.94%.

The WLD circulating offer is 1.3 billion, which is part of the total supply of 10 billion. Fully diluted (FDV) is $ 11.51 billion, its market capitalization -volume ratio is 31.18%. In the last 24 hours, WLD has shown a large upward movement, consistently rising from $ 0.91 to modern value, which shows significant market activity.

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