Three altcoins posted double-digit gains on Thursday while the broader crypto market slid. Worldcoin (WLD) rose 14% in 24 hours, trading near $0.52 with a market cap of about $1.77 billion. LAB (LAB) climbed 11% to roughly $17.52, and Siren (SIREN) surged 27% to around $0.73. Bitcoin, Ethereum, Solana, and XRP all traded lower over the same period.
Worldcoin breaks above 200-day moving average
Worldcoin's 14% jump pushed it above its 200-day moving average for the first time since 2024. The relative strength index returned to bullish territory, though the first signs of a bearish divergence appeared. Traders are watching whether the move can hold. A slower token unlock schedule could ease selling pressure through July, which may help support the price if demand stays steady.
LAB's crash and recovery pattern
LAB is still recovering from a brutal crash on June 2, when it tumbled 77% from an all-time high of $27.96 amid allegations of insider control and market manipulation. On the hourly chart, the token is coiling in a symmetrical triangle. Resistance sits at the 0.382 Fibonacci level near $19, while support is at the 0.618 level around $13.25. The narrow pattern suggests a breakout move is coming, but the direction is unclear.
Siren's thin float risk
Siren's 27% surge came after dropping more than 50% on May 14 and consolidating near $0.50. The token cleared the 0.236 Fibonacci level near $0.66 on rising volume. Next resistance is at the 0.382 level near $0.80, with a larger ceiling at 0.786 near $1.18. But Siren's thin float and concentrated supply create risk on both sides — a sudden rush can send it higher, but the same concentration can cause sharp drops if holders decide to exit.
Worldcoin's unlock schedule is the next concrete event to watch for selling pressure into July. For Siren and LAB, technical patterns and lingering allegations will keep traders on edge. No clear catalyst has emerged for any of the three, but Thursday's divergence from the broader market is drawing attention.
