Worldcoin (WLD) is currently priced at $0.581358, reflecting a significant 4.25% increase over the past 24 hours. The asset has seen a daily trading range between $0.555193 and $0.594555, indicating a relatively stable price movement within this period.

The trading volume stands at approximately 172.87 million, translating to a volume-to-market cap ratio of 11.16%. This suggests a healthy level of trading activity and liquidity, which is crucial for traders looking to enter or exit positions.

Moving averages indicate a bullish trend, with the 8 SMA at $0.5800 reflecting a modest 0.23% increase. Longer-term averages, such as the 55 SMA at $0.5469 and the 144 SMA at $0.5136, show more substantial gains of 6.30% and 13.20% respectively, supporting a positive outlook.

The 1-hour RSI is at 59, suggesting that WLD is nearing overbought territory but still has room for growth. Meanwhile, the 7-day RSI of 58 indicates steady momentum without excessive buying pressure, supporting a continuation of the recent upward trend.

In terms of price performance, WLD has appreciated by approximately 13.25% over the past week and 11.14% over the last 14 days. However, it has experienced a decline of 6.16% over the past 30 days, which may warrant caution for short-term investors.

Given the distance from the all-time high of $11.74, reached in March 2024, WLD still has substantial upside potential. The current market dynamics, combined with positive moving averages and RSI readings, suggest that the cryptocurrency is positioned for further upward movement.

Based on the current analysis, I rate Worldcoin (WLD) as a Buy. The combination of positive short-term momentum, robust trading volume, and supportive technical indicators indicates that the price is likely to continue rising in the near term.