Worldcoin Rockets Past $2 as Eightco Treasury News Fuels Frenzy

Traders watched as resistance levels broke one after another, showing clear demand at every stage of the rally.

With trading volume climbing and interest from both retail and larger players rising, the crypto now stands at a crucial turning point that could shape its next move. from profit-takers.

In a recent X post, an analyst pointed to Worldcoin’s surge from $1.20 to $2.02, noting the steep 63% daily gain. The analysis emphasized how higher lows kept forming on the way up, a sign that buyers were not only chasing rallies but also defending dips. This consistent support pattern was seen as a strong backbone for the bullish move.

Source: X

The post also stressed the importance of consolidation between each breakout leg. Rather than showing signs of exhaustion, the asset paused to establish new bases before launching higher. This gave traders confidence that the rally had structural strength, reducing fears of a sharp reversal.

Attention was drawn to the $2 psychological mark, where sellers may lock in profits while buyers attempt to push higher. A decisive close above this level could unlock targets around $2.20–$2.40, while a failure may drag the memecoin toward the $1.80 support zone.

Additionally, BraveNewCoin data supports the analysis by showing WLD priced at $1.78, still reflecting a strong 64% daily jump. The platform recorded over $4.03B in trading volume, underscoring how much liquidity flowed into the token during the rally. Despite minor discrepancies across platforms, the upward trend was consistently confirmed.

Source: BraveNewCoin

The surge in market capitalization to $3.6B further highlighted increased investor participation. This development pushed the token into the top 50 digital assets, giving it greater visibility among traders and institutions. Market watchers noted that such inflows suggest the rally had depth, rather than being driven solely by speculation.

From a risk perspective, technical traders are eyeing the $1.60–$1.65 range as the first meaningful support. Holding above this level would suggest that the broader uptrend remains intact, while a breakdown could shift sentiment and trigger profit-taking toward $1.40.

At the time of writing, the coin was trading at $2.13, reflecting a 36% daily increase against USDT. The daily chart showed WLD breaking decisively above the upper Bollinger Band at $1.61, a sign of strong volatility expansion. This kind of move often signals that buyers are firmly in control, pushing the trend higher.

Source: TradingView

The mid-Bollinger Band at $1.02 has been left far behind, underscoring the strength of the breakout. Analysts pointed out that such distance from the moving average indicates momentum but also raises the risk of overextension. Still, the wide gap suggests that new support levels are forming higher up, reducing downside risks in the short term.

Supporting the bullish case is the Chaikin Money Flow reading at +0.49, showing heavy capital inflows over recent weeks. This steady accumulation reflects confidence from larger players, reinforcing the idea that the uptrend could sustain if pullbacks respect previous resistance levels.