Worldcoin has seen a notable upswing, driven by rising demand, climbing 8.15% in a day. Its price elevated from 2.01 USD to a peak of 3.04 USD in just three days, with current trading at 2.28 USD. Analysts suggest increased market activity is a driving force behind the price gains.

Notably, the TD Sequential indicator has shown a buy signal, indicating potential price reversal. The altcoin’s MACD is approaching a bullish crossover, with the Advance Decline Ratio standing at 1.56, suggesting that buying momentum is outpacing losses, fueling future potential growth.

Worldcoin’s Open Interest has grown, indicating new buyers in the market, which further strengthens bullish sentiment. Analysts predict a budding recovery phase, with prices potentially reaching 2.42 USD or even 3 USD if market dynamics remain favorable, although a correction might see it fall to 2 USD.