WLD Token increased by 23% after a new investment - A signal of growth or a speculative bubble?

WLD Token, supported by Sam Altman, has become the center of attention in the cryptocurrency market with a rise of 23% in the past 24 hours, currently trading around the 1.53 USD mark. This is the strongest rise of the day, bringing this altcoin back to a prominent position after a period of Accumulation.

Price increase motivation from the investment of 135 million USD

The impressive rise of WLD is driven by news of a $135 million investment in the Worldcoin project, led by top venture capital funds such as a16z and Bain Capital Crypto. This capital is used to directly purchase WLD tokens, thereby sending a clear signal of the long-term confidence of organizations in the development potential of the project.

Immediately after the announcement, the buying force surged, pushing the token price to its highest level in three months, reaching a peak of 1.64 USD on Thursday, before slightly adjusting to 1.55 USD at the time of writing.

Awesome Oscillator (AO) on the daily timeframe continues to show positive signals. At the time of writing, AO indicates upward momentum with a green histogram bar and a value of +0.195 – the second consecutive day maintaining positive momentum after a series of seven consecutive declining sessions.

The AO indicator measures the difference between short-term and long-term momentum, thereby helping to identify potential reversal signals. When the chart displays green bars and positive values, it reflects that the upward trend is being strengthened and the market sentiment is leaning towards the buyers.

Positive signals from this indicator suggest that WLD may continue to rise to the sky, opening up attractive investment opportunities for traders looking for entry points into the market.

! WLD AO Indicator | Source: TradingViewAnother notable point is that WLD's trading volume is also exploding. Up to now, the volume has increased by 159% compared to the previous day, exceeding the $1 billion mark. This is an important factor that shows that the bullish momentum does not only come from short-term speculation but also reflects the increasing actual demand for this token.

When the price and trading volume both rise, it usually indicates that smart money is flowing into the market – a clear testament to the confidence being reinforced rather than just a fleeting wave of speculation. With this development, WLD is showing potential to maintain a stable upward trend in the short term.

WLD Price and Trading Volume | Source: Santiment## Outlook: Could it reach the January peak again?

The strong rise of WLD has helped this token break through the important resistance level at 1.42 USD – a price that had previously constrained its upward momentum multiple times. Successfully breaking this level is not only a positive technical signal but also turns it into a new support area. If the demand continues to be maintained, WLD can fully expand its upward momentum and aim for the next target at 1.95 USD – the peak established on January 27.

However, this growth outlook still faces risks from the short-term profit-taking wave. If selling pressure increases again, the WLD price may correct and return to test the support level of $1.42. In a more negative scenario, if this support zone is broken, WLD is likely to continue to fall deep towards the $1.18 area – the next technical support level.

WLD Price Chart 1 Day | Source: TradingViewTherefore, the price behavior in the upcoming sessions will play a key role in determining the next trend of WLD: whether this is a stepping stone for a new upward cycle or just a short-term rebound before entering a correction phase.

Emma