World's Price Nears $0.70 Resistance Amid Strong On-Chain Activity
World's (WLD) price is gaining momentum as it approaches a key resistance zone of $0.70.
The token has been consolidating for months, but its recent move has brought it back toward this resistance zone, with on-chain activity showing stronger participation from the network.
Active Addresses have surged to around 1,215, indicating a sharp increase in network participation as WLD accelerates higher. Meanwhile, the 30-day MVRV Ratio has reached 15.6%, indicating that recent buyers are holding meaningful unrealized gains.
The combination of rising Active Addresses and positive MVRV gives the rally a stronger foundation than price momentum alone, creating a potential profit-taking zone as WLD approaches higher resistance.