Worldcoin price is trading around $0.57–$0.58 after extending its recent downturn, with price action trapped near the lower edge of its intraday range.Worldcoin price is trading around $0.57–$0.58 after extending its recent downturn, with price action trapped near the lower edge of its intraday range.

Worldcoin Price News: WLD Slips Toward $0.57 as Open Interest Declines and Momentum Weakens

2025/12/03 05:23

The token continues to show limited upside momentum, reduced volatility, and thinning liquidity, all signaling a cautious short-term landscape for buyers.

Compression Shows Reduced Participation

On the 1-hour chart,the coin maintains a bearish structure after sliding from the $0.62 region into the $0.56–$0.58 consolidation zone. The decline began after repeated failures to secure higher highs earlier in the week, followed by a strong breakdown on November 30.

Since then, price has steadied slightly, but the overall structure remains pressured, with shallow rebounds and candles showing compressed volatility.

Source: Open Interest

Open interest has narrowed from 77.56M to 77.54M, reflecting declining market participation and reduced risk appetite. The slow bleed in OI during a falling price environment suggests long liquidation rather than aggressive short buildup.

This type of contraction typically indicates a market waiting for fresh liquidity before attempting a larger directional move. For near-term momentum to improve, the token would need to reclaim the $0.60 zone with clear volume expansion and rising OI.

Data Shows WLD Down 3.64% With Market Cap at $1.36B

On the other hand BraveNewCoin data lists WLD at $0.58, down 3.64% over the past 24 hours, placing the token firmly within its lower trading band. Market cap stands at $1.36B, supported by daily volume of approximately $121.49M.

The price continues to rotate tightly between short-term support and resistance, reflecting subdued demand across the broader market.

The inability to reclaim the $0.60–$0.61 region highlights the lack of strong buying pressure, while the persistent lower highs reinforce a defensive market posture.

Unless WLD can break above this nearby ceiling, sentiment is likely to remain muted as liquidity continues to cluster near the lower end of the structure.

Indicators Show Weak Momentum as CMF and MACD Stay in Negative Territory

On the daily timeframe, WLD trades near $0.57, positioned at the lower boundary of its multi-month range following a sharp decline from the $2.21 high.

Price action remains sluggish, with tight candles and no significant rebounds from support, keeping the broader trend skewed bearish. The pattern of lower highs and lower lows since October confirms persistent seller control.

Source: TradingVIew

Momentum indicators show limited improvement. The MACD histogram has turned slightly positive, but both the MACD line (-0.053) and signal line (-0.056) remain below zero, indicating that bullish momentum has not yet emerged.

The narrowing of the lines suggests early stabilization, though without a confirmed crossover, the trend remains weak. Chaikin Money Flow sits at -0.14, reflecting ongoing capital outflows and subdued accumulation interest. A meaningful shift would require CMF to return above zero along with stronger volume and a decisive break above $0.65.

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BitcoinEthereumNews2025/09/18 02:08