Worldcoin (WLD) and PlutoChain ($PLUTO) Are Gearing up to Make Waves in the Next Bull Market

Worldcoin (WLD) is on a clear mission - to make blockchain tech accessible to everyone. And recent updates, like its focus on digital identity and big-name partnerships, are helping it expand its influence in the market.

Worldcoin (WLD) is on a mission to make blockchain technology accessible to everyone, with recent updates focusing on digital identity and big-name partnerships expanding its influence in the market.

Media outlets are discussing a potential $10 price target in the next bull market, but let's examine the technicalities and external factors that could support or hinder this goal.

Currently trading between $1.50 and $2.00 (according to CoinGecko), WLD faces a critical resistance level at $3.50.

If the project manages to cross this hurdle, the next major obstacle lies around $6.00, potentially opening the door to its long-term target of $10.

From a technical standpoint, the Relative Strength Index (RSI) for WLD is at 54, indicating neutral momentum.

However, a sustained increase in trading volume could push RSI into overbought territory. Moving averages also present a mixed picture.

The 50-day moving average hovers slightly above the current price, acting as near-term resistance, while the 200-day moving average provides long-term support and shows gradual upward momentum.

Now, let's shift our attention to some of the external factors that could influence Worldcoin’s (WLD) price narrative.

As we know, Worldcoin is focused on creating a global digital identity platform, which ties directly into the rising interest in financial inclusion, especially in markets that are currently underserved by traditional financial services.

This aspect of WLD’s narrative could gain significant traction as more people around the globe join the crypto revolution.

Partnerships with leading blockchain platforms and tech innovators are another important factor strengthening Worldcoin’s position in this niche, making it attractive for both retail and institutional investors.

Finally, whale activity is another critical piece of the puzzle, and data shows increasing accumulation among high-value wallets, which indicates growing confidence in WLD’s future potential.

As the world continues to demand secure and inclusive financial systems, Worldcoin’s alignment with these goals positions it as a leader in this space.

Binance analysts are remaining optimistic, with some predicting a 5x to 10x increase during the next bull run, but only if Worldcoin maintains its current growth pace and achieves broader adoption.

Overall, Worldcoin’s (WLD) path to $10 hinges on breaking critical resistance levels, sustaining positive momentum, and capitalizing on external trends like decentralized finance and identity solutions.