Worldcoin has recorded a sharp 24-hour jump of about 21.3%, to trade at around $0.363 at press time. Today’s price surge extends a broader short-term rally that has seen WLD gain 47.2% over the past seven days and nearly 38.8% in the past month. But despite this recent strength, the token still trades far below its all-time high of $11.74, reflecting a long-term downtrend that remains intact. Why is the Worldcoin price rising? A key driver behind the latest price surge is the integration of Oku Trade into World App , which has introduced structured trading incentives for users. The platform has launched weekly swap competitions where participants can earn up to 100 WLD, along with additional rewards such as 50 WLD for second place, 30 WLD for third place, and bonus raffle payouts of up to 100 WLD. According to Oku Trade , the competition has already moved into its fifth weekly cycle, with leaderboard updates showing active participation and consistent reward distribution. The structure encourages users to repeatedly swap tokens within the app, with rankings determining reward allocation each week. Besides the campaigns, wallet interface updates within World App show daily multiplier systems tied to WLD rewards, further increasing user incentives to engage with the ecosystem. By rewarding active trading behaviour, the system has created a cycle where participation directly influences token demand. WLD technical analysis Besides the price rally, Worldcoin has also seen a noticeable spike in trading volume, which has climbed over $389 million in the last 24 hours. This level of activity suggests strong participation from short-term traders reacting to both the reward campaign structure and the ongoing ecosystem updates. Technical indicators also show a strong short-term trend. Out of 23 tracked signals , 11 remain bullish, 7 bearish, and 5 neutral. Moving averages show a dominant bullish structure, with 10 buy signals compared to just 2 sell signals. On the daily chart, WLD is trading above the 10-day, 20-day, 50-day, and 100-day exponential moving averages, indicating sustained upward momentum in the short term. Worldcoin price analysis However, not all indicators point in the same direction. The Relative Strength Index (RSI) on the daily chart stands at 77.02, placing the token firmly in overbought territory. Historically, RSI levels above 70 often signal slowing momentum and the possibility of short-term pullbacks as traders begin to take profits. Worldcoin price forecast The short-term outlook for WLD remains tied to whether current momentum can overcome nearby resistance levels. A sustained break above $0.4011 would strengthen bullish continuation signals and open the path toward $0.6381, where further resistance is expected. However, the elevated RSI reading supports the possibility of short-term cooling, especially after a rapid multi-day rally. If the price fails to hold above $0.3630, the market could see a quick retracement as overbought conditions unwind. The post Worldcoin jumps 22%: why WLD price is surging today appeared first on Invezz
