Worldcoin Does Not Break Out Despite Whale Interest – Why

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Source: IntoTheBlock Whale activities hold potential ​for WLD‌ to exit its bearish trajectory as whales contribute a staggering 84% to Worldcoin’s total supply.

//To facilitate‌ an increase in WLD prices through whale activity, these large holders must engage in purchasing the token actively.

The Relative Strength Index (RSI) on the daily ⁣chart sits neutral at 50, suggesting that buyers and sellers are currently balanced.

However,

the RSI line appears above its signal line‍ hinting at potential bullish momentum.

The ​Chaikin Money Flow (CMF) reading stands at

0.05

indicating some buying activity present ⁢yet more upward pressure is essential for solidifying an ⁤upward trend.

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