While most major cryptocurrencies dropped this week, the Worldcoin price moved in the opposite direction. WLD is up 31% for the week and 70% for the month, making it one of June’s top performers.
It currently trades at $0.4938, about 3% higher over the past 24 hours. This move is important because it has pushed the Worldcoin token into the peak of a descending triangle pattern that has shaped its chart since the 2024 high above $11.
There are clear reasons behind the rally. Arthur Hayes moved out of ZEC and HYPE and publicly backed WLD, betting that Elon Musk would help boost the token as top AI companies prepare for their IPOs.
In addition, OpenAI has filed a confidential S-1 under Rule 135, which is arguably the most critical operational milestone for a company going public. The AI giant revealed this filing to the public because it expected the filing to leak.
However, OpenAI says “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company.”
According to Reuters, the Trump administration may take equity stakes in U.S. AI companies and plans to meet with executives soon. Traders see OpenAI as a likely winner and are also considering Worldcoin’s connection to Sam Altman.
Worldcoin Price Compresses Into a Multi-Year Triangle
Worldcoin’s weekly chart now shows a multi-year descending triangle. Since the 2024 peak above $11, each rally has been capped by lower highs, while the WLD price has found support between $0.45 and $0.50. Normally, this pattern suggests a bearish trend, but because it formed after a drop of more than 95%, it looks more like long-term accumulation than a continuation of the downtrend.
Support at $0.45-$0.50 has held firm, and sellers have tested this level many times since late 2025, but the price has not stayed too much below it. This repeated defense makes the support stronger over time.
The chart also shows the Awesome Oscillator remains negative, so the trend has not reversed, but its histogram is less steep than before, indicating that downward momentum is slowing as price stays near its lows.
Volatility has been low for almost two years, and the triangle pattern is close to its peak. When the Worldcoin price finally breaks out, the move could be significant. If WLD closes above the trendline on the weekly chart, it could target $0.75, $1.00, $1.50, $2.50, and $4.00, representing moves of 52%, 103%, 204%, 406%, and 710%, respectively, from current levels. A move above $1.00 would mark the first weekly high in years.
However, if Worldcoin price falls below $0.45, the next support levels are $0.40, $0.35, and $0.30, representing roughly -19%, -29%, and -39% drawdown from the current price. Since the price has stayed above support for so long, a breakdown could be sharp.’
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