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Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together?

Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together?

CoineditionCoinedition2025/04/09 16:00
By:Maxwell Mutuma
  • WLD, HBAR, and ALGO show synchronized bullish breakouts with rising volume support
  • Consolidation near highs suggests altcoins may gear up for another upward breakout
  • Key resistance levels now critical for continuation or pullback in bullish price action

Worldcoin (WLD), Hedera (HBAR), and Algorand (ALGO) all logged double-digit gains in the last 24 hours, grabbing traders’ attention. This sharp price action hints at a potential shift in market momentum for these specific altcoins. 

The rally showed a similar pattern across the tokens: initial dips gave way to sharp recoveries backed by rising trading volumes, a sign of increasing buyer confidence. As prices consolidate near recent highs, the market could be setting up for another upward move if key resistance levels break.

Can Worldcoin (WLD) Sustain Its Breakout?

WLD showed early weakness but quickly reversed after dipping below $0.635 . Buyers stepped in near that level, fueling a strong rebound. The price quickly climbed past $0.675 to settle in the $0.70–$0.72 range. 

Related: 2025 Altcoin Rally Predictions: LINK, DOGE, WLD, and More Insights

Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 0 Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 1 Source: CoinMarketCap

A 30% jump in trading volume supported the move, signaling strong demand. WLD now faces resistance right around $0.725. A clean break above this could open the path toward the $0.75–$0.76 zone. Failure to hold above $0.70, however, might lead to a retest of support near $0.675.

Will Hedera (HBAR) Push Past $0.175 Resistance?

Hedera also mirrored WLD’s pattern, with a dip below $0.151 before staging a strong recovery. The token surged past $0.170 and briefly touched $0.175 before consolidating . 

Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 2 Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 3 Source: CoinMarketCap

Price now trades near $0.169–$0.170, a range that may act as a launchpad for further upside. If bulls reclaim $0.175 with volume support, a move toward the $0.180–$0.185 zone becomes likely. However, failure to maintain momentum could result in a drop toward $0.165 or even $0.151.

Algorand (ALGO) Gains Strength: What’s Next?

ALGO opened the day with mild volatility before bouncing back strongly from a dip below $0.159. Price surged to an intraday high of $0.185 , then cooled off slightly to consolidate near $0.177. 

Related: Top Altcoins Traders are Watching Ahead of White House Crypto Summit: DOT, LINK, LTC, HBAR & More

Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 4 Why Are Worldcoin, Hedera & Algorand Suddenly Pumping Together? image 5 Source: CoinMarketCap

The breakout from $0.159–$0.175 confirms strong buyer activity. Moreover, volume rose over 12%, adding credibility to the move. If price breaks above $0.185, it may reach toward the $0.190–$0.195 zone. A failure here, however, could push it back toward $0.170.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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