Worldcoin Breaks Downtrend, Eyes $0.72 Resistance

Worldcoin (WLD) price surged 10% on October 2, climbing to $0.56 as buying volume increased. The move broke a long-standing descending channel, putting the $0.72 area in focus as the next key resistance zone.

The token remains below its March 2024 all-time high of $11.82 but has recovered substantially from its May 2026 low of $0.2279. Worldcoin's weekly chart remains above its 50-period MA, while a breakout from a long-term downtrend channel signals a potentially bullish technical setup ahead of the weekly close.

Technical analysts identified a developing rounding-bottom structure and placed broader resistance around $0.72. Invezz reported $0.7124 as the next significant technical target after Worldcoin moved above its 50-day moving average.