Worldcoin Rallies 14% on OpenAI Social Media Rumors, But Can Momentum Hold Above Key Support Levels?
The cryptocurrency Worldcoin (WLD), which is associated with OpenAI CEO Sam Altman's biometric identity project, had a sharp 40% price rise
Quick overview
- Worldcoin (WLD) experienced a 40% price surge due to rumors of OpenAI developing a 'humans-only' social media platform.
- Despite a peak of $0.63, WLD is currently trading at over $0.52, reflecting a 14% increase from the previous day.
- Technical indicators show mixed signals, with bearish trends in moving averages but positive momentum from the MACD.
- Investors should monitor the $0.55 support level, as a drop below could lead to further declines towards $0.50.
The cryptocurrency Worldcoin (WLD), which is associated with OpenAI CEO Sam Altman’s biometric identity project, had a sharp 40% price increase on Wednesday in response to rumors that the AI behemoth is creating a “humans-only” social media platform. While down from its Wednesday peak of $0.63, WLD is currently trading over $0.52, marking a 14% increase over the previous day.
A Forbes article that quoted people with knowledge of OpenAI’s intentions to develop a bot-free social media rival to X (previously Twitter) set off the demonstration. A small team of about ten developers has been working on the platform since early 2025, according to the source, and “proof of personhood” verification may make use of Worldcoin’s contentious World Orb eyeball scanner or Apple’s Face ID.
A key part of the World ID system, the World Orb scans users’ faces and irises to confirm their unique human identities. It has drawn criticism for privacy issues. Despite WLD’s difficult year-long performance, investor interest in the company has increased due to the reported integration with OpenAI’s products, which includes possible ChatGPT support for content production.
WLD/USD Technical Outlook Shows Mixed Signals After Volatile Week
After rising 25% on Wednesday, WLD has slowed, falling 5% on Thursday and retreating from the 100-day Exponential Moving Average (EMA). Critical technical junctures that could affect the cryptocurrency’s short-term direction are currently present.
The 50-, 100-, and 200-day EMAs are all dropping, indicating that the overall trend structure is still bearish. At $0.5547, the 50-day EMA provides immediate support. If this level is consistently broken below, selling may pick up speed in the direction of the psychological $0.50 support zone, where purchasers might try to protect the token.
On the other hand, momentum indicators paint a cautiously hopeful picture. The MACD line crossed above the signal line close to zero, indicating improved short-term momentum, and the Moving Average Convergence Divergence (MACD) histogram has become positive. After recent volatility, the Relative Strength Index (RSI) is currently at 51, a neutral position that shows neither overbought nor oversold conditions.
Key Resistance and Price Targets
WLD has to recover the 100-day EMA at $0.6503 in order for bulls to take back control. This would pave the way for the 200-day EMA at $0.8201. After a sharp 70% drop over the previous 12 months, such a move would indicate a possible trend reversal and represent a 57% gain from current levels.
An interesting configuration is produced when fundamental catalysts and technical recovery signals come together. The coin may experience a resurgence in demand if OpenAI’s social media platform comes to fruition with significant WLD inclusion. Investors should be aware, meanwhile, that information is still lacking and that neither OpenAI nor World have formally confirmed platform details or cryptocurrency integration.
Short-Term Worldcoin (WLD) Price Prediction
WLD will have to make a crucial decision in the upcoming weeks. As long as the price stays below the 100-day EMA, bears are in charge, with a downside risk of $0.50. The neutral RSI and positive MACD crossover, however, indicate that accumulation may be taking place at present levels.
A retest of $0.50 could occur if the $0.55 support is not maintained. A conservative near-term goal is $0.65 (100-day EMA). Because low-volume rallies could not be sustainable in the current market conditions, traders should keep an eye out for volume confirmation on any breakout attempts.
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