- The gradual unlocking of WorldCoin chips aims to reduce the immediate shocks, but can nevertheless extend the sales pressure.
- The WLD key support at $ 1.80 and the resistance at $ 2.00 will define its short -term price trajectory after unlocking.
Worldcoin (WLD) should undergo a significant linear unlocking event. 37.23 million tokens, representing 3.92 % of its market capitalization in circulation, will enter the market.
This planned publication raises questions about how the market will absorb the new offer and its potential impact on price dynamics.
WLD: the lowering trends dominate
As of January 27, the WLD was traded at $ 1,866, reflecting a drop of 6.28 % in the last 24 hours. This decrease precedes the event of unlocking tokens and highlights the growing prudence of traders.
On the daily graphic, WLD found it difficult to maintain its momentum, the main technical indicators indicating a persistent lowering feeling.
Source: tradingView
The 50 -day mobile average is positioned at $ 2,334, and the mobile average over 200 days at $ 2,412. WLD remains below these two levels, strengthening the downward trend observed since December.
In addition, the relative force index (RSI) was at 39.91, which indicates that the token approaches the conditions of occurrence but does not yet signal reversal.
The volume of exchanges of 22.96 million WLD suggests a moderate market activity while participants await unlocking.
Understand linear releases and market impact
Unlike punctual token unlocks, linear unlocking events release the tokens gradually over a defined period.
This structured approach helps to reduce the immediate impact of the excess offer, because the tributes of tokens is distributed in time rather than flooding the market at once.
However, even linear releases can help increase pressure for sale if the first investors or initiated decide to liquidate their newly unlocked assets.
For WLD, the linear release of 37.23 million tokens could still weigh heavily on the feeling of the market. When writing these lines, unlocking is about $ 70 million.
The gradual increase in the supply in circulation can create short -term pressure pressure, especially if the market fails to absorb additional tokens in a transparent manner.
According to Dropstab data, there have been some minor unlocks since the start of the year.
Key technical levels and trends
The price of Worldcoin is near the level of critical support of $ 1.80, which could play a decisive role in short -term perspectives.
A break below this level could lead to new drops, $ 1.50 becoming the next important support.
Resistance levels at $ 2.00 and $ 2.334 are essential to any potential recovery, because overcoming these barriers would signal the return of a bullish feeling.
The Ichimoku cloud highlights a downward dynamic, the WLD exchanging below the key levels of the cloud.
This suggests that sellers currently have the upper hand, even if a change in feeling of the market could create opportunities for buyers to intervene.
Future scenarios for WLD post-switching
The linear unlocking of the tokens has two possible results for Worldcoin.
In a downward scenario, the gradual sale of unlocked tokens could cause a sustained drop pressure, pushing the price below key support levels and triggering new declines.
Alternatively, in a more optimistic scenario, the market could absorb unleashed tokens without significant disturbances, thus opening the way to a recovery.
Positive developments within the WorldCoin ecosystem or wider market trends could amplify these perspectives.
Is your wallet green? Consult the WorldCoin Professor Calculator
Even if the progressive unlocking mechanism attenuates the risk of immediate shock from the offer, it nevertheless adds complexity to the WLD price trajectory.
The token is currently in a downward phase, traders must closely monitor the key levels and the feeling of the market to effectively manage potential volatility.
