Worldcoin Price Jumps 23% Post $135M a16z Deal, Can Worldcoin Rally To $2?
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The post Worldcoin Price Jumps 23% Post $135M a16z Deal, Can Worldcoin Rally To $2? appeared first on Coinpedia Fintech News Key Takeaways WLD jumped 23% following a $135M spot token sale to a16z and Bain Capital. WorldChain DEX volume spiked to $2.9M on May 20 — a 5-month high. Open interest hit a 4-month high at $412.77M, up 28.9% from February. RSI at 71.44, MACD momentum, and rising BBTrend confirm trend strength. Support sits at $1.45; resistance zones at $1.70 and $1.96. Bitcoin’s all-time high of $111,861 on May 22 lifted the Crypto Fear & Greed Index to 73 (Greed), triggering altcoin momentum. Worldcoin (WLD) surged 23% after its foundation sold $135M in tokens to a16z and Bain Capital at spot price, without discounts or lockups, fueling its breakout. Following the rally, Worldcoin’s parent organization, the World Foundation, confirmed that the $ 135 M raised from a16z and Bain Capital came via direct spot purchases of liquid WLD tokens. This funding will scale its biometric Orb technology in the U.S. and abroad. The World Foundation sees this as a push for “proof-of-personhood” in the AI age, with resources focused on Orb expansion and token model improvements. Worldcoin trades around $1.50. In 24 hours, its volume surged 161.86% to $1.12B, and market cap rose from $1.80B to $2.34B — a 30% spike — signaling renewed confidence and aggressive accumulation. Worldcoin, WLD/USD Structure Breakout with Volume Confirmation WLD rebounded from a $0.57 low in May, forming a V-bottom and breaking out of a descending triangle pattern. The breakout, driven by the $135M buy-in, pushed price above $1.52. DEX volume also surged to $2.9M — the highest since December — highlighting strong retail momentum. The bullish structure holds as long as price remains above $1.45. Resistance lies at $1.70 (psychological and Fib zone) and $1.96, with $2.00 acting as the next major breakout threshold. A drop below $1.33 would weaken the trend and expose downside to $1.10. WLD coin Indicators: BBTrend and Futures Metrics Align BBTrend, which tracks directional strength using Bollinger Band volatility, surged to +22.77 — its strongest reading in months — signaling a shift from sideways compression to directional expansion. The BBTrend w/ SuperTrend Strategy also flipped bullish, moving from -49.05 in March to +15.32 in May. SuperTrend adds a dynamic trend-following signal based on ATR (Average True Range); it turns upward during bullish phases and downward during bearish moves, making it a reliable visual cue for trend validation. No exit signal has appeared, confirming trend continuation. Open interest in WLD futures climbed from $320.28M on February to $412.77M by May 23, a 4-month high and a 28.9% increase — confirming steady capital inflow into leveraged long positions. Supporting indicators echo this strength. RSI at 71.44 reflects sustained bullish momentum, MACD remains in a positive crossover, and both OBV and CMF (+0.10) show steady accumulation. Verdict: Bullish Setup, But Follow-Through is Key Worldcoin WLD’s 23% rally above $1.50 is backed by strong technicals and on-chain confirmation, including rising DEX volume and futures market interest. Institutional spot buying and alignment across RSI, MACD, BBTrend, and CMF support the bullish outlook. However, a confirmed breakout above $2.00 remains crucial. If price holds above $1.45, bulls may target $2.75–$3.27 in the coming weeks. A breakdown below $1.33 would shift bias back to neutral. Primary Targets: $1.70, $1.96, $2.00 Mid-Term Range: $2.75–$3.27 Critical Support: $1.33–$1.41

Source: coinpedia