Worldcoin’s native token, WLD, is showcasing a classic cup-and-handle formation on its weekly chart. This technical pattern, spanning from June 2024 to January 2025, is well-regarded for signifying bullish momentum in trading scenarios.
The cup-and-handle pattern indicates a well-defined "cup" followed by a "handle," which often foreshadows an upward breakout. In the case of WLD, traders are watching closely as this pattern suggests the potential for the token to breach the $7 mark.
This indicator could signal promising market activity for WLD, capturing the attention of investors looking to capitalize on this bullish setup.
Quelle: cryptotale.org ↗