Worldcoin (WLD) is currently priced at $0.475368, reflecting a slight decline of 0.78% over the past 24 hours. The trading range for the day has been between $0.468581 and $0.482938, indicating low volatility with a daily range of 0.014357%.

Trading volume stands at approximately 54.5 million, which corresponds to a volume/market cap ratio of 4.15%. The current price is significantly below its all-time high of $11.74, which highlights a substantial long-term downtrend since March 2024.

In terms of moving averages, the short-term 8 SMA and 13 SMA are slightly bullish at $0.4752 and $0.4743, respectively, with minor upward momentum. However, the longer-term moving averages, particularly the 144 SMA at $0.5034, indicate a bearish outlook, having declined by 5.56%.

The 1-hour Relative Strength Index (RSI) is at 54, suggesting that WLD is neither overbought nor oversold at this time. Conversely, the 7-day RSI is lower at 40, indicating potential weakness and suggesting that the asset could be approaching oversold conditions.

Over the past week, WLD has seen a significant price decline of 15.67%, and a 14-day decline of nearly 19%. This ongoing downward trend emphasizes market weakness and investor uncertainty regarding the asset's short-term performance.

Considering the combination of recent price action, moving averages, and RSI metrics, the outlook for Worldcoin remains cautious. Despite some short-term bullish signals, the prevailing trend and significant declines over the last two weeks suggest that further downside risk exists.

Based on this analysis, the recommendation for Worldcoin (WLD) is to Hold. Investors should monitor for potential stabilization or reversal signals before considering any new positions.