**Summary**

Worldcoin is on the verge of a bullish breakout, according to an analyst who predicts an 80% rally for WLD. The analyst has spotted a bullish pattern in the 4-hour price chart of Worldcoin, a crypto that could potentially lead to a significant uptrend. The breakout, if confirmed, may pave the way for Worldcoin to surge by 80%, targeting $6.30. However, the article cautions that investing carries risks and advises conducting thorough research before making any investment decisions.

**Worldcoin Set for Bullish Breakout, Potential 80% Rally Anticipated**

An analyst has highlighted the possibility of Worldcoin experiencing a breakout that could lead to an 80% rally for WLD. The analyst, Ali, took to Twitter to share a chart showing a bullish pattern forming for Worldcoin. The chart illustrates a “bull flag” formation, a technical analysis pattern indicating a potential for significant upward movement in the price. The breakout from this pattern may signal the beginning of a strong uptrend for the cryptocurrency.

The breakout, if confirmed, could potentially result in Worldcoin’s price surging by 80% to reach $6.30. However, it’s important to note that investing in cryptocurrencies carries inherent risks and individuals should exercise caution and conduct their own research before making any investment decisions.

**WLD Price Movement**

The article further notes that Worldcoin had recently experienced a surge towards the $4 level before retracing to around $3.70. The pullback indicates the need for sustained momentum for the bullish breakout pattern to be confirmed. The article also emphasizes the importance of exercising caution and performing thorough research before making any investment decisions.

**FAQ**

**What is a bull flag in technical analysis?**

A bull flag is a continuation pattern in technical analysis that forms during a period of price consolidation after a rapid uptrend. It is characterized by a downward, consolidating price movement within a specific channel, resembling a flag on a pole.

**What is the significance of the pennant pattern in the context of Worldcoin’s breakout?**

The pennant pattern, a variant of the bull flag, is of interest in the current discussion as it observes the asset moving between converging lines, indicating a potential bullish breakout.

**Is investing in cryptocurrencies risky?**

Yes, investing in cryptocurrencies carries inherent risks. It’s important for individuals to conduct thorough research and consider the risks before making any investment decisions.