Worldcoin (WLD) is displaying renewed bullish momentum as buyers defend key support levels and technical indicators remain favorable. Rising market participation could strengthen the recovery, while World ID's privacy-focused ProveKit upgrade may improve ecosystem adoption and reinforce the token's longer-term growth narrative.

Worldcoin, co-founded by OpenAI CEO Sam Altman, is built around World ID, a digital identity protocol that verifies users as unique humans — originally via iris-scanning Orb devices — with the WLD token distributed as part of the network's ecosystem.

At the time of writing, WLD is trading at $0.4082, with a 24-hour trading volume of $202.08 billion and a market capitalization of $1.48 billion. The Worldcoin price has surged by 2.6% over the last 24 hours, according to CoinMarketCap.

WLD Price Eyes Massive Rally From Historic Support

Crypto analyst Logical revealed that the WLD token is trading near $0.40, placing it around a historically overlooked area of its chart. Despite the prolonged weakness, the long-term liquidity base remains intact. Traders are now monitoring whether this zone can support a fresh accumulation phase, potentially creating the foundation for a broader recovery if market conditions turn increasingly bullish in the coming months (Source: Logical's X post).

The technical setup highlights three major upside targets at $2.17, $4.19, and $11.97, with the final objective implying approximately 8,378% potential upside from current levels. While such a move would require substantial demand and market expansion, the setup presents an attractive long-term risk-reward profile if WLD successfully establishes support and begins a sustained bullish trend. Such targets remain far below WLD's all-time high, which CoinMarketCap data places at $11.74 from March 2024 — a reminder of how sharply the token retraced during the subsequent market downturn.

Technical Indicators Reveal Bullish Outlook

According to TradingView chart analysis, WLD has staged a strong recovery from its August low near 0.3200. Following a spike toward 0.4600 and a brief consolidation above 0.3600, buyers re-entered in early September. The price currently trades around 0.4103, reflecting a modest intraday dip after testing key resistance above the 0.4200 level.

From a technical perspective, the near term appears favorable to the bulls, as prices remain above the 20, 50, 100, and 200 EMAs. The stack of EMAs provides immediate support starting at 0.3939. Meanwhile, the RSI stands at 64.44, indicating strong bullish momentum with room for further upside.

Worldcoin (WLD) Sees Volume Surge and OI Growth

Coinglass data shows that Worldcoin is currently experiencing a significant surge in trading volumes, which have risen by 46.31% to reach $371.65 million. Open interest is also climbing, up 6.49% to $319.17 million, indicating that traders are taking positions as they closely watch the coin's next move.

Following the bullish price predictions and improving technicals and derivatives data, the WLD price is moving in an upward direction. The move is also supported by the improving trend in the broader crypto market, as the BTC price has started to move upward.

World ID Gets Privacy Boost With ProveKit

Data from World further highlighted that the World Foundation has introduced ProveKit, described as a toolkit for zero-knowledge proving aimed at making privacy-oriented identification easier. ProveKit is integrated into World ID, allowing users to generate proof on their own devices to verify their age, nationality, or documents without revealing private data.

@worldcoinfnd's ProveKit brings zero-knowledge proofs, critical, open-sourced privacy technology, mainstream when consumers and enterprises need it more than ever. — World (@worldnetwork) September 2, 2026 (https://x.com/worldnetwork/status/2095204178075251131)

The launch represents the global community's growing interest in developing privacy-protected digital identity solutions amid heightened concerns about the dangers of online data gathering and security. ProveKit is designed for use on smart devices and browsers, supports offline proving, and is oriented toward post-quantum security. The emphasis on user-controlled proof generation also aligns with a broader industry shift toward decentralized identity standards, such as World ID's earlier integration of face-verification for Orb-verified users in areas without Orb hardware access.

What Comes Next?

WLD's next move depends on whether buyers can sustain the recovery and bullish momentum. If demand continues, increased market participation could facilitate the formation of a breakout pattern. Adoption of the ProveKit toolkit by developers and enterprises, together with the trajectory of regulatory engagement around biometric data collection in jurisdictions where Worldcoin operates, remain key variables to monitor.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.