Worldcoin Price Slips Toward New All-Time Low as Descending Channel Tightens

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Will Worldcoin price set a new all-time low as descending channel lower boundary converges on $0.24 support?

Worldcoin is currently trading at $0.2602, a decrease of 3.77% today. The price is nearing a six-month low, and is currently being supported by a key level at $0.2415. If it falls below that, there’s very little support remaining.

Summary

  • Worldcoin price is trading at $0.2602, down 3.77% on the day, with the lower boundary of a six-month descending channel now converging directly on price near the all-time low of $0.2415.
  • The daily Supertrend at $0.3088 has acted as a rolling resistance ceiling rejecting every recovery attempt, while the MACD line at -0.0263 and signal at -0.0375 both remain below zero despite a marginally positive histogram of 0.0012.
  • A confirmed daily close below $0.2415 would mark a new all-time low and open the next downside target at the $0.20 psychological level, with no prior support between the two.

Since October 2025, the price of Worldcoin (WLD) has been moving within a downward channel, defined by a range between approximately $0.4052 and $0.24. The price has repeatedly tried to recover, but has consistently been pushed back down by a resistance level around $0.3088 (indicated by the daily Supertrend). Worldcoin hasn’t managed to close a day above this $0.3088 level since late 2025.

Descending Channel Presses on All-Time Low

The price chart for WLD is very clear. Over the past six months, it’s consistently formed a descending channel, meaning the price has been making lower highs and lower lows. Now, the lower edge of this channel is meeting with WLD’s lowest price ever, at $0.2415, creating a key support level. If the price closes a day below $0.2415, it would confirm a new all-time low for WLD and potentially lead to prices we’ve never seen before.

The MACD histogram is just slightly positive at 0.0012, barely above zero. While the MACD line (-0.0263) is still above its signal line (-0.0375), suggesting a possible early shift upwards, both lines remain negative. This means there’s no definitive sign of a bullish trend yet. The small positive reading on the histogram simply shows that the downward momentum is weakening, not that the trend has reversed.

According to analyst @bpaynews on X, the cryptocurrency WLD is likely to test support levels around $0.30 or $0.25, as indicated by bearish momentum on the MACD indicator. They suggest watching for a potential move near $0.30.

Key Levels and Price Targets

The current support level is $0.2415, which is the lowest price ever recorded. If the price closes below this level at the end of a day, it would signal a significant weakening of the asset’s structure, as there are no previous lows to act as support.

We now expect the price to fall to $0.20, a key psychological level, and the expected low end of the current downward trend over the next few weeks.

Okay, so here’s how I’m looking at this crypto. If the price can *consistently* close above $0.3088 – that’s my key level. If it does, I think that signals a real shift and could start a nice move upwards, potentially hitting around $0.4052. But, I’m keeping a close eye on things because if it *fails* to hold above $0.3088, I’ll consider this bullish idea invalid and likely cut my losses.

On-Chain and Fundamental Pressure

Data from Nansen indicates that the amount of Worldcoin (WLD) held on major cryptocurrency exchanges increased by over 25% during the week of March 27, reaching around $742 million. This rise was partly due to the Worldcoin team transferring approximately $26 million worth of WLD to those exchanges. Higher balances on exchanges often suggest a greater potential for selling, and this situation hasn’t significantly changed.

In early April, Binance stopped offering futures trading for WLD, which limited options for traders and reduced overall trading activity. Despite Eightco Holdings, a company listed on the Nasdaq, revealing it held $326 million worth of WLD on April 2nd, the price didn’t increase significantly, suggesting strong selling pressure continues to dominate the market.

If the price falls below $0.2415 today, it could quickly drop to $0.20. As long as WLD stays below the $0.3088 level, the price is likely to continue falling.

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2026-04-09 04:00