Worldcoin (WLD) Faces Price Drop of 17% After Hitting Major Resistance Barrier

Quick Summary:

However, this rally hit a major roadblock when WLD reached a resistance level of $2.48, a level it hadn’t been able to break for three months.

This often signals a potential market top, as many investors may choose to sell and lock in their gains.

Meanwhile, a key factor behind this drop is that 97% of all Worldcoin holdings are now in profit.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United StatesAustriaCosta RicaGermanySouth KoreaPolandSpain

Topics: Worldcoin Price Trading Drop Crypto Resistance Altman Last Gains Level Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 09:23:42 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23568468

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News Last Updated: 9 hours ago

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