Worldcoin Price Dips 3% Following Global Market Entry Announcement in the U.S.; Meanwhile, AI-Powered Pepe Presale Tends Towards $9 Million Mark
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Worldcoin's WLD price slumped 3% in the past 24 hours, trading at $1.02 as of 12:18 a.m. EST on increased trading volume of 68% to $459 million. Despite Worldcoin's official entry into the US market, launching in six major cities, the bearish price trend seems unPhased. Despite the rough waters, the falling wedge pattern hints at an impending bullish breakout for Worldcoin.
Let's dive deeper into the WAter. The WLD price chart on the 3-day outline showcases a long-term downward trend shaped within a narrowing falling wedge pattern, a common sign of a bullish reversal. This wedge formed back in August 2024, confining the price to a decreasing funnel created by declining trendlines.
Outside this wedge, we've witnessed lower highs and lower lows, but the recent bounce from the $0.6424 region (marked as point C) suggests a change of tides. If the WLD price manages to break free from the wedge, the next target could be the 200 SMA around $2.85, marking a significant rally and testing long-term resistance.
However, at the moment, the WLD price is below both the 50 and 200 Simple Moving Averages, indicating persisting bearish momentum. The Relative Strength Index (RSI) is hanging around 48.83, just under the neutral 50 mark. Despite the RSI rebounding from oversold levels earlier in 2025, it still indicates indecisive market momentum.
Now, let's look at the 🐺 MIND of Pepe (MIND). 99Bitcoins, a popular YouTube crypto channel with over 725K subscribers, suggests this AI-backed crypto could soar 100X after its release. MIND uses its AI capabilities to navigate the crypto market, chat with the community, and analyze data to reveal the next likely momentum movers.
The MIND presale is gaining steam with over $8.58 raised at present. The MIND team plans to launch the AI agent on May 10, giving investors a chance to tap into its market insights right off the bat. MIND tokens are available for purchase with both crypto and fiat currencies through the simple-to-use widget on the project's website. Acting fast is crucial as MIND's price will witness an increase in a few hours during the presale.
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Extra Info:
- WLD is seen with mixed predictions, ranging from $0.35 to $2.14 for 2025, while CoinCodex is more enthusiastic, expecting a rise to $3.13 by May 25, 2025 [ Source: 1 ].
- MIND of Pepe has raised over $8.5 million in the presale phase, demonstrating substantial investor interest [ Source: 5 ]
- The Worldcoin price, despite announcing its entry into the US market and the launch in six major cities, has seen a slump in WLD price, trading at $1.02, with a 3% decrease in the past 24 hours.
- Amidst this rough market trend, technology and finance experts are discussing the potential for the sloping pattern in Worldcoin to lead to an impending bullish breakout.
- Meanwhile, the MIND of Pepe presale is gaining traction, with over $8.58 raised so far. This AI-backed crypto, expected to soar 100X after its release, offers investors a chance to tap into its market insights before its official launch on May 10.
- In the world of general-news, there's a keen interest in following the hive of activity surrounding these cryptocurrencies, making it essential for interested parties to stay updated by joining relevant Telegram channels.
