Date: Sat, July 19, 2025 | 06:20 AM GMT
The cryptocurrency market remains firmly bullish, with Ethereum (ETH) leading the surge — gaining 21% over the past week and now trading near $3,600. This bullish momentum is spilling into major altcoins, and Worldcoin (WLD) is emerging as one of the key tokens to watch for a potential breakout.
WLD has risen 12% over the past week, extending its 30-day gains to 22%. Beyond the price appreciation, the formation of a Bearish Bat harmonic pattern on the daily chart is signaling the potential for another strong upside move.
Harmonic Pattern Hints at Bullish Continuation
On the daily timeframe, WLD is tracing a Bearish Bat harmonic pattern — a structure widely followed by technical traders. Despite its bearish name, this pattern typically predicts a bullish continuation during its CD leg, with price surging toward the final completion zone before any possible reversal.
The Bat pattern starts from point X near $2.60, drops to point A, rallies to point B, and then declines again to point C near $0.77. Since that low, WLD has staged a steady recovery and now trades around $1.14, pressing toward the 200-day moving average ($1.1923) — a crucial resistance level that could trigger further upside if broken.
Based on harmonic projections, the Potential Reversal Zone (PRZ) for this Bat pattern lies between $2.36 and $2.60, aligning with the 0.886 and 1.0 Fibonacci extensions of the BC leg.
What’s Next for WLD?
If WLD breaks decisively above the 200-day MA with strong volume, the token could rally as much as 125% from current levels to complete the Bat pattern near $2.60. At that level, traders may expect profit-taking or a short-term pullback, as is typical at the PRZ.
However, holding above the 100-day MA support ($1.02) will be critical to maintain the bullish momentum during this pattern completion.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
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