Worldcoin's WLD token is trading at $0.63, and a cluster of technical signals suggests the price could be gearing up for a move toward $0.68. All major moving averages sit below the current price, a configuration often seen before upward momentum. At the same time, data from on-chain wallets shows smart money has been accumulating long positions in recent sessions.
Moving averages stack below price
The 50-day, 100-day, and 200-day moving averages are all lined up beneath the $0.63 mark. When shorter-term averages rest above longer-term ones, it's typically read as a bullish alignment. The gap between the current price and the nearest moving average provides a cushion, but traders caution that a close above $0.68 would confirm the pattern.
MACD flatlines near the upper Bollinger Band
The Moving Average Convergence Divergence indicator has flattened just below the upper Bollinger Band, which sits at $0.68. A flat MACD in that zone often signals that buying pressure is steady but not yet explosive. The upper band itself acts as resistance, meaning a break above $0.68 would likely trigger further buying from momentum-driven traders.
Smart money accumulation suggests confidence
Wallet activity data reveals that large holders — commonly referred to as smart money — have been increasing their long positions over the past week. While the exact number of tokens accumulated isn't public, the trend is consistent with a bet on a near-term rally. Retail traders, by contrast, have shown mixed sentiment, with some taking profits near the $0.65 level.
What needs to happen next
The $0.68 price point has been identified as a confirmed breakout target. If WLD can sustain a push above that level on above-average volume, the technical setup would be validated. The next few trading sessions will show whether the accumulation by smart money translates into a breakout or if the token stalls below resistance.
