Worldcoin (WLD) is testing a critical technical resistance level near $0.30 as it trades within a long-term descending channel. According to analyst CryptoBull_360, a breakout above this level could propel the price toward a supply zone between $0.42 and $0.45, signaling a potential bullish shift. Technical indicators like the RSI and MACD are showing strengthening short-term momentum. Furthermore, a planned 43% reduction in the project’s daily token unlocks, scheduled to begin in July 2026, may provide long-term supply-side relief for the cryptocurrency.
Worldcoin price action remains in a clear downtrend, printing lower highs and lows within a descending channel. It has faced repeated selling pressure in a supply zone between $0.40 and $0.45.
The price is currently testing the descending trendline resistance near $0.30. A clean daily close above this level could trigger bullish momentum toward $0.42–$0.45, as per the crypto analyst CryptoBull_360.
Technical indicators are beginning to reflect a potential short-term momentum shift. The RSI shows strengthening bullish momentum with a primary reading at 63.96, indicating sustained buying pressure.
The MACD also suggests an intensifying uptrend is on course. This is indicated as the MACD line sits above its signal line with a positive histogram.
Worldcoin’s daily token unlocks will be reduced by 43% beginning July 24, 2026. The reduction includes a 50% cut in community unlocks and a 32% decrease for team and investor schedules.
On the price front, this reduction in supply might lead to an initial positive trend. Sustainable gains, however, would require an accompanying improvement in overall crypto market demand.
