- The gradual unlocking of tokens by Worldcoin is intended to reduce immediate supply shocks, but still entails the risk of long -term sales pressure.
- The most important support from WLD at $ 1.80 and resistance to $ 2.00 will determine the price process in the short term after the unlocking.
World coin [WLD] will undergo a considerable linear unlocking event. There will be 37.23 million tokens, which represent 3.92% of the circulating market capitalization, on the market.
This planned release raises questions about how the market will absorb the new offer and its potential impact on the price dynamics.
Wld: Bearish trends dominate
On January 27, WLD traded at $ 1,866, which reflects a decrease of 6.28% in the last 24 hours. This decrease precedes the unlocking of tokens and emphasizes the growing caution among traders.
On the Daily Chart, Wld had difficulty holding the momentum, with important technical indicators pointing to a continuous bearish sentiment.
Source: TradingView
The 50-day on average average is positioned at $ 2,334, while the 200-day progressive average is $ 2,412. Wld remains under these two levels, which reinforces the downward trend observed since December.
Moreover, the Relative Strength Index (RSI) was 39.91, indicating that the token approached the oversold conditions, but does not yet signal a change.
The trade volume of 22.96 million Wld indicated a moderate market activity while participants were waiting for the access.
Insight into linear accesses and market impact
In contrast to one-off token evil, linear unlocking events gradually release tokens over a certain period.
This structured approach helps to reduce the immediate impact of an oversupply, because the influx of tokens is distributed over time instead of flooding the market in one go.
However, even linear release can contribute to a greater sales pressure such as early investors or insiders decide to liquidate their newly unlocked assets.
For WLD, the linear unlock of 37.23 million tokens could still weigh heavily on the market sentiment. At the time of writing, the unlocking is worth around $ 70 million.
The gradual increase in the circulating supply can cause downward pressure in the short term, especially if the market fails to absorb the extra tokens seamlessly.
According to data from DripstitchThere have been some small unlocks since the beginning of the year.
Main technical levels and trends
The price of Worldcoin fluctuates around the critical support level of $ 1.80, which could play a decisive role in the short -term prospects.
A breakdown below this level could lead to further falls, whereby $ 1.50 could be the next important support.
Resistance levels at $ 2.00 and $ 2,334 are crucial for every potential recovery, because overcoming these barriers would mean a return of the bullish sentiment.
The Ichimoku Cloud further emphasizes the Bearish Momentum, where Wld trades under the most important cloud levels.
This suggests that sellers currently prevail, although a shift in the market sentiment could create opportunities for buyers to intervene.
Future scenarios for Wld after unlocking
The linear unlocking of tokens offers two possible outcomes for Worldcoin.
In a bearish scenario, the gradual sale of unlocked tokens can lead to ongoing downward pressure, which means that the price comes under the most important support levels and further falls are caused.
As an alternative, the market, in a more optimistic scenario, could absorb the unlocked tokens without significant disruptions, which clears the way for recovery.
Positive developments within the Worldcoin ecosystem or wider market trends could strengthen these prospects.
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Although the mechanism for gradual release reduces the risk of an immediate supply shock, it still adds complexity to the Wld price process.
Now that Token is currently in a bearish phase, Traders must keep a close eye on the most important levels and market sentiment in order to be able to deal with potential volatility effectively.
