Date: Sat, Sept 06, 2025 | 06:30 AM GMT
The cryptocurrency market is continuing its choppy consolidation as Ethereum (ETH) hovers around $4,300, cooling off from its recent high of $4,954 — a drop of more than 13% in just weeks. This weakness has spilled over into major altcoins , but Worldcoin (WLD) is beginning to show early strength
WLD is trading back in the green today, and more importantly, its chart is now displaying a key bullish breakout that hints at a potential upside move in the sessions ahead.
Source: Coinmarketcap
Falling Wedge Breakout
On the daily chart, WLD has confirmed a Falling Wedge breakout — a bullish reversal structure that typically signals the end of a downtrend and the start of upward momentum.
The wedge developed from the July 22 peak near $1.40, with price steadily sliding lower while finding repeated support around the trendline base. Recently, WLD rebounded strongly from $0.83 and pierced through the wedge’s resistance trendline near $0.888, pushing its price slightly higher to around $0.91.
Worldcoin (WLD) Daily Chart/Coinsprobe (Source: Tradingview)
This breakout is a key early signal that momentum may be shifting in favor of the bulls.
What’s Next for WLD?
In the near term, WLD may retest the breakout trendline before attempting a stronger upside rally. A decisive reclaim of the 200-day moving average (MA) at $0.99 would serve as a powerful bullish confirmation.
If that occurs, upside momentum could accelerate quickly, with the next key technical target sitting around $1.40, matching the wedge’s measured move projection and prior high.
However, if WLD fails to hold above the breakout level, short-term weakness could persist — making the $0.83 zone a critical support to watch.
