

Worldcoin's price has been on an upward trajectory since early September, pushing WLD up to $2.46 and sparking optimism among investors.
Worldcoin's (WLD) price trajectory has taken a downturn, sparking concerns among investors who had anticipated a continuous uptrend. Despite a promising rise that pushed WLD up to $2.46, recent market movements have dampened this optimism.
With many investors now facing substantial losses and hoping for a recovery, let's analyze the situation to gain insights into potential turning points.
As the price dropped,ホルダーホルダー Worldcoinホルダーホルダーホルダー profits slipped, leading to widespread anticipation of a turnaround.
Worldcoin Investors' Losses Pile Up
Over the last 24 hours, Worldcoin's price dropped by nearly 19%, hitting an intra-day low that impacted market sentiment. This sharp decline saw the total supply in profit drop from 87% to 70%, indicating a significant decrease in profitable holdings.
The 17% drop translates to 97.36 million WLD, valued at over $194 million, moving from profit to loss in a single trading day.
As more holdings fell into loss territory, it highlighted a potential tipping point where investor optimism is replaced by caution.
Worldcoin's broader market performance also encountered obstacles. The Global In/Out of the Money (GIOM) data reveals that approximately 2.79 billion WLD, valued at over $5.58 billion, lost profitability over the past week due to the 18% drawdown.
This supply was acquired by WLD holders when the altcoin was trading between $2.04 and $2.45.
Thus, only when Worldcoin's price makes it back to $2.46 can the supply become profitable again, and a breach of this resistance will secure the gains.
WLD Price Direction: Restoring Profits
Worldcoin's price dropped by 18% this week, falling from $2.46 to $1.99 at the time of writing.
This setback is noteworthy because Worldcoin's ongoing uptrend prior to the decline had indicated the potential for reaching $3.00, which would have marked a 22% gain.
This upward potential now seems less likely as Worldcoin faces resistance levels.
The 18% drop has left investors hoping for a recovery to the $2.46 level to recoup their losses.
Testing $2.11 as support is crucial, as establishing this base could enable a price rise, potentially restoring some of the lost confidence among WLD holders.
However, if Worldcoin fails to breach the $2.11 resistance, a further drop to $1.74 could be likely.
Such a decline would extend investor losses and reduce optimism about recouping profits, potentially undermining sentiment and prompting more conservative positioning in the market.
The above is the detailed content of Worldcoin (WLD) Investors See Their Profits Slip as the Price Dips, Anticipating a Turnaround. For more information, please follow other related articles on the PHP Chinese website!

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