WLDs price (WLDUSD) declined in its latest intraday trading, with negative signals appearing on the RSI despite reaching heavily oversold levels. This drop led the price to break a short-term minor ascending trendline, adding to the bearish pressure on the cryptocurrency. However, there remains one potential path for recovery continued positive pressure from trading above its previous 50-day SMA.

Therefore, we expect the price to rise again in upcoming intraday trading, provided that the key support level of 1.02722402 holds, targeting the resistance level at 1.10665220.

Todays price forecast: Neutral.