![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Worldcoin [WLD] has experienced a strong upswing over the past week. The altcoin has spiked from a low of $1.8 to a high of $2.8. At the time of writing, Worldcoin was trading at $2.637.
This marked a 26.20% increase on weekly charts. The bullish trend has also extended on daily charts, rising by 7.83%. Over the same period, its trading volume has surged by 145.90% to $705.1 million.
With the recent price pump, several questions arise about what’s driving it and whether Worldcoin can sustain the uptrend.
What’s driving Worldcoin’s uptrend?
According to AMBCrypto’s analysis, one factor that’s currently driving Worldcoin is increased activity among large holders. Based on IntoTheBlock data, whale activity has surged by a massive 593.3% over the past day.
This is evidenced by a rising number of large transactions that have risen from 15 to 104. When whale activity surges, it may suggest selling or even accumulation.
Since this is followed by a spike in large holder’s netflows it implies that whales are actively buying WLD.
As such, large holders’ netflow has surged from 603.68k to 6.16 million over the past day. This shows that there’s more capital inflow from whales into the asset than the outflow.
With whales turning to buying WLD, it suggests that they are bullish and expect WLD to make more gains.
Can WLD hold these gains?
Notably, increased whale accumulation indicates positive sentiments. As such, the prevailing market conditions position WLD for more gains on its price charts.
For example, Worldcoin’s Stoch has made a bullish crossover over the past day. This shows that the altcoin is experiencing a strong momentum to the upside.
Additionally, Worldcoin’s price DAA divergence has remained positive over the past seven days. This positive divergence indicates that the altcoin’s fundamentals are strengthening, with a rising number of active users and increased network adoption.
Currently, the altcoin’s MVRV Ratio is in the negative zone at -15. This suggests that WLD is still undervalued, with many holders experiencing losses.
Historically, a negative MVRV ratio presents a buying opportunity, allowing investors to acquire the asset at lower prices.
Typically, prices tend to recover from these levels as buyers enter the market, driving prices higher through increased demand.
Realistic or not, here’s WLD market cap in BTC’s terms
In conclusion, Worldcoin is enjoying positive sentiments from retail traders and whales. With bullish conditions prevailing in the market, the altcoin is positioned for further gains.
If this trend continues, WLD could reclaim $3 and attempt $3.2, where it has faced multiple rejections. Conversely, a trend reversal could see a drop to $2.3.
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。
-
-
-
- 越過高原:現在的動力在哪裡
- 2025-04-03 12:15:13
- Chainlink和Vechain都在加密空間中建立了堅實的聲譽
-
-
- 隨著投資者要求領導更改,PI網絡(PI)的價格下跌20%
- 2025-04-03 12:10:13
- Pi Coin的交易量也暴跌,反映了投資者的信心。儘管PI Core團隊宣布了高級,但令牌的下降仍在繼續
-
-
- 諸如官方特朗普和邦克(Bonk)等模因驅動的令牌失去了動力
- 2025-04-03 12:05:13
- 諸如官方特朗普和邦克(Bonk)等模因驅動的令牌最近引起了很多關注,因為它們的能力傳播
-
- Vaneck推出了與Celestia(TIA)區塊鏈相關的新金融產品
- 2025-04-03 12:05:13
- Vaneck推出了與Celestia相關的新金融產品,這是一個旨在提高可擴展性和數據可用性的區塊鏈。
-
- 冷軟件(冷) - 加密的未來?
- 2025-04-03 12:00:12
- 在不斷發展的加密貨幣世界中,投資者一直在尋找新的創新項目,這些項目提供真正的實用性