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The $WLD /USDT chart highlights significant price movements, with the coin currently in a bearish phase. Here's a price prediction based on the observed technical data and trends:
Based on the $WLD /USDT chart and technical analysis, here's a price prediction for the coming days and months:
Short-Term Prediction (1–2 Weeks)
Bearish Scenario: Failure to hold the $2.261 support could lead to a drop toward $2.00. If this level also fails to hold, the coin may slide further to retest $1.80, a strong support zone.
Bullish Scenario: A breakout above the $2.485 resistance (MA25) could propel WLD toward $2.80. Sustaining above this level could signal a short-term trend reversal.
Mid-Term Prediction (1–2 Months)
If WLD regains bullish momentum and breaks above $2.80, it may aim for the $3.00-$3.20 range, aligning with historical resistance and the MA99. A further push could take it to $3.50 if market conditions remain favorable.
On the other hand, failure to gain momentum could see WLD consolidating between $1.80 and $2.50, depending on market sentiment and trading volume.
Key Factors Influencing the Price
1. Volume: A spike in buying volume is essential for any sustained bullish movement.
2. Market Sentiment: Overall crypto market trends will heavily impact WLD's trajectory.
3. Technical Breakouts: Reclaiming the MA7 and MA25 levels is crucial for bullish confirmation.
Conclusion
WLD is at a pivotal moment, with a short-term drop to $2.00 possible if support fails. However, a recovery above $2.80 could lead to a mid-term target of $3.50. Traders should closely monitor volume and resistance levels to navigate the market effectively.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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