Mudrex

World Coin Weekly Analysis

Long
BINANCE:WLDUSDT   WLD / TetherUS
World Coin (WLD) emerged as the standout performer of the week, registering a remarkable surge of 29.76%. In March, WLD reached its peak at $12.034 before undergoing a correction to $3.698, finding significant support at the 200-day Exponential Moving Average (EMA).

Presently, WLD is exhibiting a double bottom pattern on the daily timeframe, indicating bullish momentum. Resistance is evident at $6.540, with a potential breakout signaling a move towards $7.5 or higher. Weekly moving averages portray positivity, while oscillators remain in a neutral position. Both daily oscillators and moving averages are signaling buy calls, reinforcing the bullish sentiment.

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