The price of Worldcoin is trading at $0.2602, down 3.77% on the day, with the lower boundary of the six-month descending channel now directly suppressing the price – and the lowest at $0.2415 providing the only place left before the unspecified zone.
Summary
- The price of Worldcoin is trading at $0.2602, down 3.77% on the day, with the lower boundary of the six-month descending channel now meeting directly with the price near the all-time low of $0.2415.
- The daily Supertrend at $0.3088 acted as a strong resistance ceiling rejecting all recovery attempts, while the MACD line at -0.0263 and the signal at -0.0375 both remain below zero despite the positive histogram of 0.0012.
- A confirmed daily close below $0.2415 would mark a new all-time low and open the next downside target at the $0.20 psychological level, with no previous support between the two.
The descending channel is defined by two parallel descending lines from October 2025. The upper boundary remains near $0.4052, and the lower boundary pushes towards the $0.24 area. The daily Supertrend of $0.3088 acted as a strong ceiling of resistance for the entire channel structure, rejecting all recovery attempts in recent weeks. Worldcoin (WLD) has not produced a sustained daily close above the Supertrend since late 2025.
The chart pattern is clear. WLD produced a descending channel of the textbook during the daily period over six months, with the same high and low. The lower trendline now meets the all-time low at $0.2415, forming an important confluence point. A daily close below $0.2415 will confirm a new all-time low for WLD and pave the way towards a new low for the token.
The daily MACD histogram entered 0.0012, almost above zero, while the MACD line at 0.0263 remains above the signal at 0.0375, producing the first tentative crossover. Both lines are still below zero, which means no confirmed bullish reversal signal has been printed. A positive histogram at the edges only shows that the pressure is decreasing, not reversing.
Analyst @bpaynews noted on X that WLD is “looking for a move closer to $0.30 as momentum remains strong on the MACD,” adding: “Watch for a key level at $0.30 or $0.25.”
Key Levels and Target Prices
Current support: $0.2415, an all-time low. A confirmed daily close below this level represents a structural breakdown, with no previous support below it on a daily basis.
Extended downside target: $0.20, a psychological level that coincides with the proposed lower boundary of the descending channel for the coming weeks.
Bull case: a daily close above the Supertrend at $0.3088 is the minimum required for a structural bias reversal. A further recovery from that level opens a medium-term path towards the upper channel boundary at $0.4052. Invalidity: $0.3088.
On-Chain and Basic Pressure
Nansen data shows the total balance of WLD held across all central markets rose more than 25% to nearly $742 million in the week ending March 27, as the Worldcoin team moved nearly $26 million of WLD to exchange wallets. High exchange balances increase the risk of near-term sales, and that volatility has not yet materialized.
Binance announced the delisting of COIN-M WLD futures in early April, eliminating an important trading platform and reducing liquidity. Nasdaq-listed Eightco Holdings disclosed a 277 million WLD position worth about $326 million on April 2, however the disclosure did not generate a sustained response, indicating the depth of selling pressure the market continues to absorb.
A daily close below $0.2415 opens a direct path to $0.20. WLD until it regains the Supertrend at $0.3088, the descending channel structure keeps the bias strong.
