Worldcoin price is trading around $0.57–$0.58 after extending its recent downturn, with price action trapped near the lower edge of its intraday range.Worldcoin price is trading around $0.57–$0.58 after extending its recent downturn, with price action trapped near the lower edge of its intraday range.

Worldcoin Price News: WLD Slips Toward $0.57 as Open Interest Declines and Momentum Weakens

2025/12/03 05:23

The token continues to show limited upside momentum, reduced volatility, and thinning liquidity, all signaling a cautious short-term landscape for buyers.

Compression Shows Reduced Participation

On the 1-hour chart,the coin maintains a bearish structure after sliding from the $0.62 region into the $0.56–$0.58 consolidation zone. The decline began after repeated failures to secure higher highs earlier in the week, followed by a strong breakdown on November 30.

Since then, price has steadied slightly, but the overall structure remains pressured, with shallow rebounds and candles showing compressed volatility.

Source: Open Interest

Open interest has narrowed from 77.56M to 77.54M, reflecting declining market participation and reduced risk appetite. The slow bleed in OI during a falling price environment suggests long liquidation rather than aggressive short buildup.

This type of contraction typically indicates a market waiting for fresh liquidity before attempting a larger directional move. For near-term momentum to improve, the token would need to reclaim the $0.60 zone with clear volume expansion and rising OI.

Data Shows WLD Down 3.64% With Market Cap at $1.36B

On the other hand BraveNewCoin data lists WLD at $0.58, down 3.64% over the past 24 hours, placing the token firmly within its lower trading band. Market cap stands at $1.36B, supported by daily volume of approximately $121.49M.

The price continues to rotate tightly between short-term support and resistance, reflecting subdued demand across the broader market.

The inability to reclaim the $0.60–$0.61 region highlights the lack of strong buying pressure, while the persistent lower highs reinforce a defensive market posture.

Unless WLD can break above this nearby ceiling, sentiment is likely to remain muted as liquidity continues to cluster near the lower end of the structure.

Indicators Show Weak Momentum as CMF and MACD Stay in Negative Territory

On the daily timeframe, WLD trades near $0.57, positioned at the lower boundary of its multi-month range following a sharp decline from the $2.21 high.

Price action remains sluggish, with tight candles and no significant rebounds from support, keeping the broader trend skewed bearish. The pattern of lower highs and lower lows since October confirms persistent seller control.

Source: TradingVIew

Momentum indicators show limited improvement. The MACD histogram has turned slightly positive, but both the MACD line (-0.053) and signal line (-0.056) remain below zero, indicating that bullish momentum has not yet emerged.

The narrowing of the lines suggests early stabilization, though without a confirmed crossover, the trend remains weak. Chaikin Money Flow sits at -0.14, reflecting ongoing capital outflows and subdued accumulation interest. A meaningful shift would require CMF to return above zero along with stronger volume and a decisive break above $0.65.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Litecoin Forms Ascending Triangle: LTC Price Target $90 Breakout

Litecoin Forms Ascending Triangle: LTC Price Target $90 Breakout

Litecoin charts indicate a potential bullish move, forming an intriguing pattern. Market watchers are eyeing a significant price level, hinting at possible gains. Could the cryptocurrency be on the verge of a breakout towards $90? An analysis reveals which coins might be poised for growth amidst this trend. Powered by Outset PR, this analysis reflects the agency’s commitment to strategic, data-driven communication for the crypto industry.  Litecoin Holds Steady Amid Market Fluctuations Source: tradingview  Litecoin (LTC) prices currently range between $80 and $86. The coin is navigating a cautious path near its 10-day average of about $83. While the value has dipped around 5% over the week, its steady position above $80 suggests resilience. The nearest hurdle lies at $89, but if surpassed, LTC could aim for the $95 mark, representing a potential 10% increase from the lower end of its range. However, a dip below the $78 support might signal further decline. With an RSI below 35, LTC hints at being oversold, indicating a possible bounce.  How Outset PR Leverages Data-Driven Approach in Crypto PR Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach. Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication. A key part of the agency’s workflow comes from its proprietary Syndication Map, an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements. Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive. Conclusion A current chart pattern shows strong potential for an upward move to $90 for LTC. The ascending triangle suggests bullish momentum. Market sentiment appears positive, and technical indicators support a breakout scenario. Investors are watching for a breach of the current resistance level. Traders should monitor any significant movements closely. A successful breakout could lead to continued gains.   Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
Coinstats2025/12/07 18:00