Worldcoin’s October slide: AI hype isn’t enough to hold $0.50

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Worldcoin saw its price bounce to $0.547 on October 17th before dropping to $0.478 the next day, with a 2.4% decline. Open Interest fell by 5.1% in 24 hours and the Funding Rate turned negative, indicating bearish short-term expectations. The key support level at $0.466, defended by buyers since late September, has been breached and could lead to a correction toward $0.40. The next support zone to watch lies between $0.46 and $0.47.

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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.

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