WLD and HYPE Dominate Weekly Gains with Bullish Continuation in Sight
Worldcoin (WLD) and Hyperliquid (HYPE) have surged nearly 35% this past week, according to CoinGecko, putting them at the top of the crypto performance charts. With positive technical setups and strong on-chain indicators, both tokens may continue their upward momentum in the days ahead.
WLD has been on a winning streak for seven straight weeks, climbing another 2% in the last 24 hours alone. HYPE also jumped 7% on the day and is gaining traction from notable crypto figures such as Arthur Hayes, who appears to be accumulating the token.
Price Forecast: WLD and HYPE Maintain Bullish Momentum
On the weekly chart, WLD has broken out cleanly and could rally another 32% to test resistance at $2. Technicals remain supportive—RSI is above 50 and climbing, while MACD prints a consistent string of green bars. On the daily timeframe, WLD is targeting $1.641, with support zones near $0.914 and $0.835.
HYPE’s path forward points to the $40 mark as a critical resistance. After initiating an uptrend on April 7, the token may retrace to $32 if there’s a pullback. Indicators show strength: RSI is at 83, and MACD continues to flash green, signaling further upside. If it flips $40 into support, the next stop is its 2024 peak of $42.252.
On-Chain Indicators Confirm Accumulation and Growth
Worldcoin’s network realized profit/loss data reveals a phase of trader capitulation earlier in the year. More recently, there’s been an uptick in whale transaction activity—particularly in the $100K to $1M+ range—signaling smart money is accumulating. Despite small waves of selling, overall pressure remains low, suggesting further upside.
Hyperliquid’s rally is reflected in strong on-chain growth. Trading volume, sentiment, and social mentions have all increased. Although not at March highs, current levels show a healthy rise in attention without signs of euphoria—ideal for continued growth.
Derivatives Data Points to Continued Momentum
HYPE’s long/short ratio above 1 shows traders are leaning bullish, with short positions being wiped out. In the last 24 hours, $940K in shorts were liquidated, while open interest climbed to $1.16B—its highest since December 2024.
For WLD, open interest surged 50%, and over $7M in liquidations occurred—primarily from shorts. However, the long/short ratio remains under 1, suggesting that some caution persists among futures traders.
Fundamental Catalysts Behind the Surge
Worldcoin’s rally was boosted by news of a $135M direct token purchase by early backers a16z and Bain Capital Crypto. The tokens were acquired at market rate, without discounts, reinforcing bullish sentiment.
Hyperliquid, meanwhile, is riding a wave of upgrades and partnerships. The network integrated bridges for token transfers, enabled zero-fee stablecoin transactions via Tether and Plasma Foundation, and saw a high-profile $23M short position liquidated—fueling social chatter and investor confidence.
