Worldcoin (WLD) is currently trading at $0.632439, reflecting a 4.68% increase over the past 24 hours. The daily range indicates a solid upward momentum with a high of $0.643813 and a low of $0.598394, resulting in a relatively narrow daily range of 0.045419%.

The trading volume stands at 124,100,380, with a volume-to-market cap ratio of 8.34%, suggesting moderate liquidity in the market. However, the 1-hour RSI at 38 indicates a bearish short-term momentum, while the 7-day RSI of 49 suggests that the asset is near equilibrium, lacking strong directional bias.

In terms of moving averages, the 8 SMA is at $0.6288 (+0.58%), indicating slight bullish pressure, while longer-term SMAs reflect mixed signals, with the 55 SMA showing a notable increase of 2.19%. Despite recent price appreciation, the 7-day price change is down by 6.08%, and the 14-day and 30-day changes show declines of 20.83% and 32.17%, respectively, indicating persistent bearish trends in the medium to long term.

Given that the asset remains significantly below its all-time high of $11.74, which was recorded earlier this year, the current price reflects a considerable loss in market value. The overall trend indicates a weak recovery, and the bearish indicators suggest that while there may be short-term trading opportunities, the longer-term outlook remains unfavorable.

Based on the current data, the rating for Worldcoin (WLD) is a Hold. While recent gains indicate potential for short-term trading, the overall bearish trend in the medium to long term, coupled with low RSI readings, suggests that investors should refrain from buying at this stage and closely monitor for potential further declines before making any decisive moves.