Worldcoin's token took a 14% hit over the past session, sliding to $0.31 and giving some traders a potential buying opportunity. On-chain data shows large holders — often referred to as whales — have been quietly adding to their positions during the dip, while technical indicators point to a possible 29% surge targeting $0.40 within the next 10 days.
What the charts show
Price action alone tells part of the story. After the pullback, Worldcoin found support near the $0.30 level, a zone that has historically attracted buyers. Momentum oscillators, including the Relative Strength Index, have moved into oversold territory, a pattern that often precedes a bounce. Moving averages on shorter time frames are beginning to flatten, suggesting selling pressure is exhausting itself.
Whale wallets making moves
Wallet addresses holding between 1 million and 10 million WLD have increased their collective balance by roughly 3.5% over the past 48 hours, according to blockchain tracking data. Whale accumulation during a price decline typically signals confidence that the asset is undervalued at current levels. The timing of these buys — right as the broader crypto market shows mixed signals — adds weight to the idea that smart money sees a bottom forming.
Rally target and timeline
A move to $0.40 would require a 29% gain from Friday's low. Based on the recent rate of accumulation and the oversold reading on daily charts, some analysts (not named) project that target could be reached within 10 trading sessions. The path is not guaranteed — a break below $0.28 would invalidate the bullish setup and likely trigger further selling. But for now, the risk/reward ratio favors the upside, according to the data.
Whether the rally materializes depends on broader market conditions and whether whale buying continues. The next few days will test whether $0.31 was a genuine floor or just a pause before another leg down.
