The Moving Average Convergence Divergence (MACD) is currently in negative territory with the MACD line below the signal line suggesting bearish momentum. A move into positive territory and a crossover above the signal line would indicate a potential bullish shift.
The Relative Strength Index (RSI) stands at 29, placing WLD in oversold region. This reading typically suggests that the asset may be due for a price correction or rebound. However you should be cautious as oversold conditions can persist in strong downtrends.
Looking ahead price predictions from Coincodex see a potential 225.10% increase with WLD . However they also note that the current sentiment is bearish with the Fear & Greed Index showing a reading of 63 (Greed). Over the past 30 days WLD has seen 9 out of 30 green days with price volatility at 16.22%.
