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WLD price reaches $2.206 per coin, up 3.04% on the day

WLD price reaches $2.206 per coin, up 3.04% on the day

Bitget2025/01/16 21:11

Worldcoin latest price news, WLD real-time price rose 3.04% to $2.206 with $277 million traded volume 

According to the k-chart, it is currently in an oscillating trend. It is more sharply up compared to 14:00 and down from 07:00. Rising price but falling volume usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This volume-price divergence may be caused by a lack of selling. In this case, prices may retrace or consolidate sideways in the future as the lack of volume support makes it difficult to sustain price rises. Investors should be wary of the risk of a pullback from the highs and keep an eye on whether trading volume can keep up with the price rise and whether new buying is occurring.
Market heat is low and trading volume has decreased. The Williams indicator shows that the current state is not overbought or oversold. There has been a recent decrease in trading volume, trading volume is lower than in the previous hours, price is rising and trading volume is falling: upward momentum is weakening.

The market's upward momentum is weakening and may retrace or move sideways, so caution is advised, keeping an eye on trading volume and new buying.

The above is for reference only and does not constitute investment advice.

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