Date: Sat, Sept 27, 2025 | 06:26 AM GMT
The cryptocurrency market is showing signs of stabilizing after a week of steep declines. Ethereum (ETH), which had tumbled from $4,500 to as low as $3,829, has rebounded above the $4,000 mark with a modest 7% daily gain. This relief rally is also lifting sentiment across altcoins, including Worldcoin (WLD).
WLD is trading back in the green today with an 6% jump, and more importantly, its chart is now displaying a key bullish breakout that hints at a potential upside move in the sessions ahead.
Falling Wedge Breakout
On the 4H chart, WLD has confirmed a Falling Wedge breakout — a bullish reversal structure that typically signals the end of a downtrend and the start of renewed upward momentum.
The wedge developed from the September 9 peak near $2.21, with price steadily sliding lower while repeatedly finding support along the trendline base. Recently, WLD rebounded strongly from $1.22 and pierced through the wedge’s resistance trendline near $1.26, which also aligns with the 200-day moving average (MA). This breakout has now carried the price toward the local high of $1.38, adding weight to the bullish case.
The breakout is a significant early signal that momentum may be shifting in favor of the bulls.
What’s Next for WLD?
In the near term, WLD could pull back slightly to retest the breakout trendline before attempting a stronger upside push. A decisive move above the 100-day MA at $1.49 would serve as a powerful confirmation of strength, likely encouraging more buyers to step in.
If that level is cleared, upside momentum could accelerate quickly, with the next major target sitting around $1.93 — a zone that matches both the wedge’s measured move projection and a prior swing high.
On the flip side, failure to sustain above the breakout level may see short-term weakness return, with $1.22 emerging as the critical support zone to defend.
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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