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Worldcoin (WLD) Price Forecast for March 2025 – Will It Surge?

Irene Mukiri by Irene Mukiri
February 28, 2025
in Binance Feed, Market
Reading Time: 4 mins read
Worldcoin (WLD) Price Forecast for March 2025 – Will It Surge
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  • Worldcoin faces sharp decline but shows signs of stabilization near $1.00 support.
  • Bearish technical indicators suggest downside risk before potential trend reversal.
  • Analysts predict 97.58% WLD surge by March 2025, targeting a $3.51 high.

Worldcoin (WLD) has witnessed a sharp decline, with its price dropping to $1.06, marking a 7.40% daily loss. The market capitalization also fell to $1.13 billion, reflecting a 7.10% decrease.

However, trading activity surged, with a 26.82% increase in 24-hour trading volume, reaching $316.06 million. This suggests heightened market participation, likely due to increased selling pressure. Despite the downturn, WLD has shown signs of stabilization, prompting speculation about a possible recovery.

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Sharp Price Drop and Market Dynamics

The token initially peaked at $1.1518 before experiencing a steep decline, reaching as low as $1.00. A minor rebound followed, indicating some level of accumulation at lower prices. 

The significant increase in trading volume underscores heightened activity, which could be attributed to aggressive selling by traders. While the overall trend remains bearish, the recent recovery hints at a potential shift in market sentiment.

Source: CoinMarketCap

Key support and resistance levels are critical in understanding the next price movement. The immediate support at $1.00 has acted as a temporary floor, preventing further declines for now. 

However, if the bearish trend persists, the next support level at $0.95 could come into play. On the upside, immediate resistance stands at $1.10, a level that the price has struggled to maintain. A stronger resistance zone is near $1.15, which was the recent peak before the sell-off. Breaking above this level could indicate a shift in trend toward recovery.

Technical Indicators Signal Bearish Sentiment

WLD/USD Weekly price chart, Source: TradingView

Several technical indicators reinforce the current bearish outlook. The Relative Strength Index (RSI) sits at 37.39, approaching the oversold territory. If the RSI drops further toward 30, it could signal a potential bounce as buyers step in. The resistance RSI level stands at 45.65, indicating that a break above this point could strengthen bullish momentum.

The Moving Average Convergence Divergence (MACD) remains bearish, with the MACD line at -0.105, below the signal line at -0.286. Additionally, the histogram reflects a negative reading of -0.390, suggesting continued downside pressure. A bullish crossover is yet to occur, implying that further declines remain possible before a potential trend reversal.

Outlook for March 2025: A Possible Rebound?

Coincodex analysts predict a substantial price increase for WLD in March 2025, with a projected surge of 97.58%. The price could range between a low of $1.033 and a high of $3.51, averaging around $2.09. 

This comes after a challenging month where WLD lost 37.48% in value. The anticipated recovery suggests a potential return to bullish territory, with a possible return on investment (ROI) of 231.99%. This could present a profitable opportunity for long-term traders, provided market conditions remain favorable.

Tags: Altcoin NewsMarket News

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