Worldcoin (WLD) price has been on an uptrend, following on the heels of the broader market in the rally that began on October 18.
Worldcoin price is up 25% since the broader market rally kicked off on October 18. WLD could rise 20% depending on how bulls’ face the equal highs at $1.948 and $2.049 levels, respectively. Invalidation of the bullish thesis will occur if the AI crypto coin breaks and closes below the $1.661 support level. The upside momentum for the AI crypto coin could get a boostsoon as its founding company, OpenAI, readies for the first artificial intelligence developer conference.
Together, the two indicators show the odds favor the bulls over the bears. Increased buying pressure above the current level could see Worldcoin price rise to tag the immediate resistance levels at $1.948 and $2.049, critical barricades as they form a resistance zone akin to a layer of equal highs. In a highly bullish case, the gains could extend for Worldcoin price to test the supply zone extending from $2.189 to $2.430.
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