Worldcoin (WLD) is currently priced at $0.693875, reflecting a 24-hour decline of 2.43%. The daily trading range has been narrow, with a high of $0.725333 and a low of $0.691632, indicating a market experiencing limited volatility.

The trading volume over the past 24 hours stands at approximately $99.96 million, representing a volume-to-market cap ratio of 6.20%. This suggests healthy market activity but also hints at potential selling pressure as the price has dropped significantly over the past week, with a 7-day price change of -14.95%.

Technical indicators show that the short-term moving averages are all trending downwards, with the 8 SMA at $0.6993 and the 55 SMA at $0.7197, both reflecting negative momentum. The 1-hour RSI at 42 and the 7-day RSI at 43 suggest that the asset is approaching oversold conditions, but not yet at a reversal point.

Over longer timeframes, WLD has experienced significant price declines, with a 14-day change of -20.40% and a 30-day change of -22.66%. These trends highlight a bearish sentiment in the market, which is further compounded by the stark contrast between the current price and its all-time high of $11.74 recorded in March 2024.

Given the current technical indicators and negative price trends, the recommendation for Worldcoin (WLD) is to Hold. While the price is nearing oversold levels, the ongoing downtrend and lack of strong buying signals suggest that investors should wait for clearer signs of reversal before considering a buy.