Date: Fri, Aug 29, 2025 | 05:15 AM GMT
The cryptocurrency market is showing mix performance today as Ethereum (ETH) slipped to $4,475 from a 24-hour high of $4,629, recording a 2% decline and slightly weighing on several altcoins.
Meanwhile, Worldcoin (WLD) has held up better than many peers, staying in the green today. More importantly, its price chart is flashing a key harmonic pattern that may be hinting at a larger upside move in the near term.
Harmonic Pattern Hints at Potential Upside
On the daily chart, WLD is forming a Bearish Cypher harmonic pattern. Despite its bearish name, this setup often leads to a strong bullish CD-leg rally before the price enters its Potential Reversal Zone (PRZ).
The structure started at Point X near $1.4011, dropped to Point A, rebounded toward Point B, and then corrected sharply to Point C around $0.8640. Since that low, WLD has regained momentum, now trading near $0.9556 and eyeing a retest of the 100-day moving average at $1.04 — a critical resistance that could decide the next move.
If the harmonic structure completes as projected, the CD leg could lift WLD toward the PRZ between $1.2960 and $1.4011, aligning with the 0.786 and 1.0 Fibonacci extensions. This would represent a potential 46% gain from current levels.
What’s Next for WLD?
For bulls to remain in control, WLD must break and sustain above the $1.04 level with strong buying volume. Such a breakout would likely confirm momentum toward the $1.2960–$1.4011 zone, where traders may look for profit-taking or trend reversal signals.
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