Worldcoin ($WLD) Crypto Forecast: Down 5.3% Today

What is Worldcoin?

WLD is a cryptocurrency token that saw a significant bearish movement in the market today.

Why is Worldcoin going down?

WLD crypto is down 5.3% on Dec 14, 2024 13:51

• The bearish movement in WLD might be linked to the concerns surrounding privacy and security risks associated with biometric IDs.
• The overall downtrend in the cryptocurrency market, with BTC dropping below $95K and altcoins declining, likely intensified the selling pressure on WLD.
• Investors possibly responded to the privacy and security issues linked to Worldcoin by selling WLD tokens, contributing to the downward price trend.
• The general market sentiment of altcoins experiencing a downturn could have prompted traders to adopt a cautious approach, leading to the decline of WLD and other cryptocurrencies.

WLD Price Chart

WLD Technical Analysis

WLD News

Worldcoin: Privacy and Security Risks of Biometric IDs

Worldcoin: Privacy and Security Risks of Biometric IDs

https://crypto-economy.com/worldcoin-privacy-and-security-risks-of-biometric-ids/

Cryptocurrency Market Today Dec 10: BTC Fell Below $95K, Altcoins Crashed

Cryptocurrency Market Today Dec 10: BTC Fell Below $95K, Altcoins Crashed

https://coingape.com/cryptocurrency-market-today-dec-10-btc-fell-below-95k-altcoins-crashed/

Trending Today

Shiba Inu ($SHIB) Crypto Forecast: Down 5.1% Today

Aave ($AAVE) Crypto Forecast: Down 5.3% Today

Filecoin ($FIL) Crypto Forecast: Down 5.3% Today

Litecoin ($LTC) Crypto Forecast: Down 5.5% Today

TRON ($TRX) Crypto Forecast: Down 5.0% Today

ApeCoin ($APE) Crypto Forecast: Down 5.2% Today

Ethena ($ENA) Crypto Forecast: Up 16.7% Today

Memecoin ($MEME) Crypto Forecast: Down 7.0% Today

Uniswap ($UNI) Crypto Forecast: Down 5.1% Today

Avalanche ($AVAX) Crypto Forecast: Down 5.1% Today

Worldcoin Price History

29.10.2024 - WLD Crypto was down 5.6%

• Today's decrease in WLD price could be linked to investors taking profits following a previous uptrend.
• The launch of World ID credentials in specific areas may have sparked worries about data privacy and security, triggering some investors to offload their WLD holdings.
• Speculation about WLD reaching $5 this month could have led to overly optimistic expectations, resulting in a price correction as investors reassess their positions.
• Despite today's downward movement, the optimistic outlook for WLD, as evident in recent price peaks and bullish forecasts, indicates potential for further growth in the near term.

09.11.2024 - WLD Crypto was down 5.4%

• The decline in WLD's value today may be due to profit-taking by investors following a period of price hinting at a potential surge.
• Market sentiment could have been affected by the overall downtrend in the cryptocurrency market, as Bitcoin and Ethereum dipped below crucial levels, impacting alternative coins like WLD.
• Despite optimistic outlooks and price projections for WLD, prevailing market conditions and concerns about fraudulent selling in major cryptocurrencies may have unsettled investors, contributing to WLD's decline.

13.11.2024 - WLD Crypto was down 6.2%

• The bearish movement in WLD today may be linked to the general downturn in altcoins, which was influenced by Bitcoin dropping below $95K.
• There is anticipation of a potential breakout towards $6.62 for WLD, potentially prompting profit-taking by investors and causing a temporary price decline.
• Speculation on Worldcoin's price surge to $5 and its possible impact on WLD hitting $10 in 2024 may have fueled uncertainty among traders, adding to the bearish sentiment.
• The cryptocurrency market's volatility, combined with specific price targets and external factors, appear to have impacted WLD's bearish movement today.

10.11.2024 - WLD Crypto was down 20.3%

• The bearish movement in WLD could be attributed to the overall downturn in the cryptocurrency market, with Bitcoin falling below $95K and other altcoins crashing.
• The teasing of a potential breakout in WLD's price to reach $6.62 might have created speculative selling pressure, leading to the bearish movement.
• Mentioning a 50% run in Worldcoin to reach $5 and the potential impact on WLD reaching $10 in 2024 could have caused some investors to shift their focus away from WLD temporarily.
• The "scam dump" narrative surrounding Bitcoin breaking $100,000 and then falling back below could have spooked investors across the cryptocurrency market, including WLD holders, contributing to the bearish movement.

14.11.2024 - WLD Crypto was down 5.3%

• The bearish movement in WLD might be linked to the concerns surrounding privacy and security risks associated with biometric IDs.
• The overall downtrend in the cryptocurrency market, with BTC dropping below $95K and altcoins declining, likely intensified the selling pressure on WLD.
• Investors possibly responded to the privacy and security issues linked to Worldcoin by selling WLD tokens, contributing to the downward price trend.
• The general market sentiment of altcoins experiencing a downturn could have prompted traders to adopt a cautious approach, leading to the decline of WLD and other cryptocurrencies.

30.10.2024 - WLD Crypto was up 7.5%

• Worldcoin (WLD) has seen a strong bullish movement, breaking out of a descending channel and hitting a 5-month high, with analysts setting a next target after a 4-month high.
• The positive price action could be attributed to the anticipation of a breakout and the bullish momentum targeting $4 and potentially $5.
• The piloting of Worldcoin's World ID credentials in select countries may have also contributed to the positive sentiment surrounding the token, despite concerns about potential risks to personal data.
• Overall, the combination of technical breakout, bullish price targets, and innovative developments like the World ID credentials pilot program could be driving the bullish market movement of Worldcoin (WLD) today.

01.11.2024 - WLD Crypto was up 10.7%

• WLD has surged by 15% and rallied 20% following the launch of a new ID credential system, eliciting a favorable response from investors towards the project's innovation.
• Analysts are upbeat about WLD's potential for a breakout, aiming for the next target after achieving a 4-month high and breaking out of a descending channel, with a target of $4 in the sights of bullish investors.
• The token's rise to a 5-month high indicates a growing interest in WLD and positive sentiment among traders, potentially leading to further price movements in the days ahead.

05.11.2024 - WLD Crypto was up 16.0%

• WLD surged by 20% following the announcement of a new ID credential system pilot, emphasizing its potential practicality and boosting investor confidence.
• Speculation of an upcoming price surge and raised price targets post-reaching a 4-month peak likely contributed to the positive market sentiment around WLD.
• The breakout from a descending pattern and a bullish price target of $4 suggest a shift in investor outlook towards WLD, showcasing growing faith in its upward trajectory.
• While market uncertainty initially rose due to a pullback in Bitcoin and other leading cryptocurrencies caused by a leverage wipeout event, WLD's favorable announcements and technical breakout enabled it to stand out and rally significantly.

06.11.2024 - WLD Crypto was up 6.0%

• The positive sentiment across the cryptocurrency market overall could be driving the upward movement of WLD.
• Recent activity of Crypto Whales purchasing altcoins, including WLD, points to significant enthusiasm and capital influx into the token.
• Expectations for WLD to hit $5 and potentially $10 by 2024 seem to be boosting investor confidence and encouraging buying activity.
• Technical analysis indicating a rounding bottom breakout targeting $6.62 may be drawing the attention of traders seeking opportunities for price growth.

01.11.2024 - WLD Crypto was up 21.9%

• WLD rallied 20% today as the market reacted positively to the news of Worldcoin piloting its new ID credential system, showcasing investor confidence in the project's potential.
• Analysts are setting higher targets for WLD after it reached a 4-month high, indicating growing optimism and bullish sentiment surrounding the token.
• Breaking out of a descending channel and hitting a 5-month high, WLD's technical indicators are aligning with the positive market sentiment, further fueling the bullish momentum.
• However, concerns about personal data security with Worldcoin's World ID credentials being piloted may introduce some volatility in the future, so investors should keep a close eye on developments in this area.

06.11.2024 - WLD Crypto was up 14.0%

• WLD price is showing signs of a bullish breakout, with targets set at $6.62, indicating positive market sentiment and investor interest.
• The 50% run towards $5 and the pilot of a new ID credential system have likely contributed to the surge in WLD price, showcasing potential for future growth and adoption.
• Despite the overall positive movement, investors should remain cautious as the price surges could lead to a potential pullback, as seen in the past when WLD hit $3.35.
• The market movement of WLD seems to be driven by both technical factors like the rounding bottom breakout and fundamental developments like the new ID credential system, highlighting a mix of investor sentiment and project advancements.

06.11.2024 - WLD Crypto was up 21.1%

• WLD experienced a strong bullish movement today, rallying by 20%, following the introduction of a new ID credential system. This development likely sparked investor optimism and drove up demand for the token.
• Speculation about WLD potentially reaching $5 and even $10 by 2024 could have further fueled the bullish sentiment, attracting more traders to the token.
• The overall positive momentum in the cryptocurrency market, despite Bitcoin's temporary setback and concerns about a 'scam dump' affecting other major tokens, may have also contributed to WLD's impressive performance.
• However, with questions arising about whether WLD has peaked at $3.35 and the possibility of a pullback, investors should remain cautious and monitor the market closely for any signs of a reversal.