Sam Altman probe pressures Worldcoin to deeper losses

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Worldcoin drops 10.63% to $0.53 today

Highlights

Worldcoin's June 23, 2026 listing on Robinhood drove a surge in retail trading amid heightened volatility.
Controversies surrounding co-founder Sam Altman and upcoming July token unlock changes have increased supply and regulatory uncertainty.
WLD/USD faces sustained selling pressure below key moving averages, with a 61% likelihood of further downside and a projected trading range of $0.4737 to $0.5613.

Retail access expands and risk-off sentiment grows amid listing and controversy

Worldcoin was listed on Robinhood’s trading platform on June 23, 2026, a move that increased retail investor access and prompted a surge in trading activity, according to Crypto. This listing coincided with heightened market volatility and was accompanied by ongoing controversies involving co-founder Sam Altman and allegations of market manipulation tied to the Orb startup, as reported by Crypto, both of which contributed to a cautious environment for participants. Additionally, upcoming changes to the token unlock rate in July have introduced supply uncertainty, while data from Cryptonews showed that open interest in Worldcoin futures dropped by 16.05% over the last 24 hours, likely reflecting event-driven position reductions and risk-off sentiment.

Mixed momentum intensifies as major averages and oscillators diverge

WLD/USD is trading below the MA-20 at $0.5454 and the MA-50 at $0.5906, while remaining above the MA-200 at $0.4052 on the daily chart. The Ichimoku Kijun sits at $0.5599, establishing immediate resistance. Intraday indicators show the MACD in strong sell territory and the ADX signaling persistent selling pressure. RSI and CCI both point to a sell bias, while the Stoch RSI is overbought and the Awesome Oscillator is neutral, underscoring divergence among oscillators. Bull/Bear Power (BBP) identifies strong buyer interest, highlighting mixed short-term signals. Support remains near $0.4737, with resistance at $0.5613.

Range-bound outlook holds as downside risks outweigh rebound potential

Looking ahead, WLD is expected to trade within a volatile band between $0.4737 and $0.5613 over the next session. The probability analysis assigns a 61% chance of further downside, with a 39% chance of rebound. The baseline scenario anticipates price stabilizing within a sideways range. A bullish breakout would require a move above $0.5613 resistance, while a bearish scenario takes shape if support at $0.4737 fails.

Anton Kharitonov, expert at Traders Union, sees Worldcoin facing increased volatility after its Robinhood listing and persistent concerns over co-founder controversies. He notes that technical signals remain mostly bearish, despite some short-term mixed signals. With uncertainty from upcoming token unlocks and risk-off flows, the base case is for a sideways move within the $0.4737–$0.5613 band. "Until Worldcoin regains $0.5613, I remain cautious and see no signal for aggressive buying."

Earlier, analysts noted that Worldcoin was experiencing intensified selling pressure despite ongoing user growth and upcoming reductions in token unlocks, contributing to a cautious market outlook. The recent drop below key moving averages and divergent intraday signals underscore continued volatility, making sustained movement above immediate resistance or a breakdown of support pivotal for the next directional move.

Source of Data: WLD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.