Wed, March 26

Worldcoin (WLD) Surges 7.91% as Visa Partnership Boosts Payment Utility

Worldcoin (WLD) Surges 7.91% as Visa Partnership Boosts Payment Utility Altcoin News
  • Worldcoin (WLD) price surged 7.91% to $0.9338, with a market cap of $1.11 billion.
  • Visa partnership enhances World Wallet’s crypto-to-fiat conversion.

Worldcoin (WLD) has gained 7.91% in the last 24 hours, trading at $0.9338. Its market cap has climbed to $1.11 billion, reflecting an 8.20% rise. The 24-hour trading volume has jumped 159.30% to $239.81 million, making up 21.49% of the market cap.

Worldcoin has partnered with Visa to enhance the World Wallet. The collaboration integrates blockchain with traditional payments, allowing global crypto-to-fiat conversions. The initiative also introduces a stablecoin wallet and expands services like World Chat. These advancements aim to improve WLD’s payment functionality in real-world transactions.

Will WLD Surge Further?

The WLD/USDT chart highlights crucial price levels. The immediate resistance is at $0.947, while support is at $0.916. A breakout above resistance could push WLD toward $0.96. If the price fails to hold support, it may decline to $0.90.

The Relative Strength Index (RSI) is at 71.58, indicating overbought conditions. When the RSI crosses above 70, it often signals a potential pullback as traders may begin profit-taking. The RSI average stands at 57.32, suggesting overall bullish momentum despite the risk of correction.

The Chaikin Money Flow (CMF) is at 0.10, reflecting consistent capital inflows. A positive CMF value suggests that buying pressure is stronger than selling pressure. If CMF rises further, it may indicate sustained accumulation.

If WLD sustains momentum and breaks $0.947, the next target could be $0.96. A continued rally beyond this level might push the price to $1.00. However, if bears take control and the price falls below $0.916, it may retest lower support at $0.90.

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