Worldcoin price prediction — What next after $4.7M long liquidation flush fuels 13% fall?

Share

Worldcoin [WLD] shed nearly 22% in just over three days after failing to sustain a breakout from the $0.46-$0.58 trading range. Its daily trading volume rose by 33.6% as its price fell 13.55% in 24 hours, compared with declines of 1.26% for Bitcoin and 1.47% for Ethereum. The sell-off triggered $4.68 million in long liquidations, compared with $517,800 in short liquidations. The RSI slipped below 50, the MACD approached neutral and the CMF remained at zero, indicating bearish short-term momentum. Buyers may watch the $0.48 range low or the 78.6% Fibonacci retracement at $0.412 for a potential entry.

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