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Worldcoin drops 7% after hitting $0.60 resistance, facing heavy selling from team and investors.

Market News
22 Oct 2026
AMBCrypto
View Source
Bearish
Worldcoin drops 7% after hitting $0.60 resistance, facing heavy selling from team and investors.

Worldcoin's price fell over 7% in the last 24 hours after hitting a strong resistance at $0.60, driven by significant selling from the Worldcoin team and venture capital investors. Large token sales totaling millions of dollars on Binance contributed to the decline, alongside weak trading volumes and reduced network activity. Technical indicators suggest WLD may drop further to the $0.46 support level, with $0.40 as a potential next support if selling pressure continues. This downturn aligns with a broader cooling in altcoin sentiment.

While Worldcoin's price dropped over 7% recently, on Pluang it is down 3.87% as of Oct 22, 2026 21:23 WIB, trading at Rp9.831. Despite the decline, the market cap remains substantial at Rp37,57 trillion, with a 24-hour volume of Rp6,86 trillion. The Pluang platform shows a stronger buying interest with 69% buy orders versus 31% sell, and investors typically hold WLD for about 51 days, contrasting with the recent heavy selling noted in the news.

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