Worldcoin’s price has experienced a downward trend today, falling below the key support level of $0.75 before bouncing slightly to around $0.78. This decline mirrors the broader downturn in the cryptocurrency market as traders shift back to Bitcoin and liquidity shrinks across the board. 20-day moving averages are now being tested as a sign of short-term strength; the MACD histogram remains in the red, indicating sellers remain dominant despite a slight dip in the RSI (7) at around 30, which indicates a potential for relief bounces. 10 day volume has dropped by 37% to $174.5 million as trading activity shrinks across the market. The impact of this trend is further seen in Worldcoin’s price volatility where sharp price swings become more pronounced with lower liquidity. While recent growth on Worldchain, with over 1 million active addresses, shows promise, current market conditions are hindering any significant capital inflows for WLD. For now, a key takeaway is that the lack of upward momentum in price and a challenging altcoin environment are contributing to the decline in the Worldcoin price. The future of Worldcoin hinges on improving market sentiment and increased capital flow into the WLD token, as current technical indicators point to continued weakness.