07.04.2026 01:01
Here's an original English rewrite of the provided news excerpt, incorporating diverse sentence structures and expanding on the details, while omitting the specific website references:
**Worldcoin’s Price Faces Persistent Pressure as It Approaches Historic Lows**
The cryptocurrency market continues to exhibit a cautious sentiment, and Worldcoin (WLD) is currently navigating a challenging period, hovering just above its all-time low. Following the disclosure by Eightco, a Nasdaq-listed company, of a substantial $326 million holding in WLD on April 2nd, the token has struggled to demonstrate any significant upward momentum. Instead, a consistent downward trend persists, characterized by a firmly established descending channel across both daily and four-hour charts, steadily drawing the price closer to previously unseen levels.
As of April 6th, Worldcoin’s price stood at $0.2482, a marginal increase from the all-time low of $0.2455 recorded on March 28th. Technical indicators paint a decidedly bearish picture; the daily Supertrend, currently positioned at $0.3097, and a deeply negative Moving Average Convergence Divergence (MACD) reading of -0.0013, both reinforce the prevailing downward trajectory. Furthermore, data from Nansen reveals a notable surge in exchange inflows, suggesting increased selling pressure within the immediate timeframe. A decisive daily close below $0.2455 would not only confirm a new all-time low but would also expose the critical $0.20 support level, potentially triggering further downward movement.
The current situation is underscored by a descending channel that has effectively contained the WLD token since late 2023, effectively limiting its potential for substantial gains. This channel dictates a range, with the upper boundary resting approximately at $0.4052 and the lower trendline aligning almost perfectly with the current price. Adding to the bearish outlook, the Supertrend indicator, currently at $0.3097, acts as a robust resistance level, repeatedly thwarting any attempts at a sustained recovery over the past several weeks. The MACD, displaying a stark contrast with its signal line at -0.0013 against -0.0091, and a negative histogram, powerfully illustrates the continued dominance of downward momentum.
Looking at the four-hour chart, the Supertrend indicator, valued at $0.2641, continues to act as a formidable barrier, consistently resisting upward movement and signaling potential short-term declines. Analysts are closely watching for any potential technical patterns that might indicate a reversal of this downtrend, but as of now, no such signals have emerged, leaving the future of Worldcoin’s price uncertain. Successfully reclaiming the Supertrend level of $0.3097 would be a necessary step to challenge the established downtrend and potentially signal a shift in market sentiment.
