Worldcoin price drops amid $1.6M WLD transfer – Can $0.46 hold?

Share

Worldcoin’s price fell more than 7% in 24 hours after being rejected at the $0.60 resistance zone, reducing its weekly gains to 14%. A wallet linked to the Worldcoin team or venture capital investors sold 2.75 million WLD, worth approximately $1.61 million, on Binance, following a test transaction of 10 WLD. This sale came after the wallet offloaded 7.745 million WLD, valued at nearly $4 million, roughly six days earlier. The decline coincided with lower on-chain activity and trading volumes, as sentiment toward altcoins cooled. If selling pressure intensifies, WLD could lose $0.46 support and fall toward the next demand zone at $0.40.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items