Worldcoin price analysis shows that Worldcoin has risen after a 13% boost, and WLD is currently at $3.16. The trading volume in the 24 hours is $213,570,097 USD. This significant increase in price is due to recent events in the Worldcoin project such as its entry into Ecuador and good news from Kenya.
The recent movement of WLD has led it to break out several important resistance levels. Although the price is below the 20-day Exponential Moving Average (EMA), there are signs that the price may reverse upwards. The Relative Strength Index (RSI) is close to the overbought level, which means that the price can rise to approximately $3. 63 in the short term.
However, the RSI is also close to the overbought zone, which signals that there may be a short-term correction soon. This is a figure that traders and investors should keep an eye on as it might affect the short-term movement of WLD. The fluctuation in the Aroon indicator also supports the volatility and direction of the price, which is why it is recommended to be more careful during trading during this period of increased activity.
Worldcoin Now Available in Ecuador and Its Price Soars
The news about the expansion of Worldcoin to Ecuador was followed by a significant increase in the price of the project’s token, WLD. Worldcoin, a project by Sam Altman of OpenAI, is on the rise due to its expansion plan. The main feature of Worldcoin is the system of identification of users’ identity called “World ID orbs. ” With the help of these orbs, users can confirm their identity online without disclosing their data. As stated in the press release, World ID will install checkpoints at six key areas in Guayaquil and Quito on June 26 and June 27.
By doing so, Worldcoin has expanded its presence in Latin America, encompassing Argentina, Chile, Colombia, Mexico, and Peru. Surveys that were conducted by Tools for Humanity, a contributor to Worldcoin, showed that there was a market for secure online identity verification in the local area. More than 90% of the respondents in Ecuador, Peru, and Colombia expressed their willingness to use technology that differentiates humans from bots on social media.
