Worldcoin is facing renewed selling pressure after the World Foundation completed a large over-the-counter sale of its WLD tokens.
On March 28, 2026, the foundation sold 239 million WLD tokens, raising roughly $65 million at an average price of $0.2719 per token.
Of the $65 million raised from the token sale, $25 million is locked for six months to support research and development, Orb manufacturing, and ecosystem growth.
The remaining $40 million is available for immediate use, adding to the market’s short-term liquidity and supply.
Worldcoin technical analysis
The sale has amplified bearish sentiment around WLD.
The token recently hit a record low of $0.2451 and is now hovering just above that level at around $0.273.
Technical analysis suggests that the $0.244 mark is acting as short-term support and any sustained movement below this level could trigger further declines.
On the upper side, the immediate resistance for WLD sits around $0.30, with higher barriers according to CoinLore’s analysis sitting at $0.4747, $0.7076, and $1.02.
But while these resistance levels indicate potential upside targets, the path to recovery is not straightforward due to the structural overhang created by the foundation’s sales and the looming token unlock scheduled for July 23, 2026.
Over half of the total WLD supply will enter the market during that unlock, posing a significant test of demand and market confidence.
The technical picture remains mixed, with the Relative Strength Index (RSI) deeply oversold at 33.67, suggesting the possibility of a short-term bullish bounce, while the MACD remains bearish, indicating that upward momentum may be limited until selling pressure eases or demand strengthens.
What WLD traders should expect in the coming days?
The foundation’s token sales are currently the dominant factor influencing WLD’s price.
Unlike typical market fluctuations, these sales are driven by the project’s operational cash needs, with the foundation redeeming some of the proceeds into fiat.
This direct intervention into the market has created additional pressure on the token, making short-term price recovery more challenging.
Broader market conditions have also played a role.
While the cryptocurrency market has seen a slight downturn, WLD’s decline has outpaced general market trends.
This underperformance highlights how coin-specific factors, rather than broader sentiment, are dictating the token’s price movement.
Looking ahead, traders should focus on two key factors: whether the foundation will continue selling, and how the market will absorb the July 2026 token unlock.
Any shift in the pace of sales or a change in accumulation patterns could influence WLD’s near-term trajectory.
In the meantime, the token’s price is consolidating in the $0.26–$0.35 range.
This tight trading window reflects the uncertainty in the market and the caution among investors, who are wary of the upcoming supply surge and the structural pressures it imposes.
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