Stellar (XLM) price is trading around $0.37 within a falling wedge pattern at the time of writing on Wednesday, signaling a potential bullish breakout in the coming days. Denelle Dixon, CEO of Stellar Development Foundation, posts on X on Wednesday that WisdomTree Prime’s decision to leverage the Stellar network for listing digital funds that track the stock market marks a significant step in XLM’s blockchain adoption. The technical outlook suggests a potential rally, with XLM bulls targeting $0.45 mark as the next upside target.
Bitcoin price extended its recovery on Monday, reaching its 50-day Exponential Moving Average (EMA) at $112,830 the following day, but faced rejection around that level. At the time of writing on Wednesday, it holds steady at around $111,000. If BTC closes above the 50-day EMA at $112,830 on a daily basis, it could extend the rally toward its next daily resistance at $116,000.
Worldcoin trades above the $2 mark at press time on Wednesday, extending by 6% on the day. The identity token has maintained its uptrend over the last six days, accounting for a 93% rise this week so far, mainly driven by the announcement of Eightco’s $270 million WLD treasury. WLD trades above the 61.8% Fibonacci level at $1.96, which is drawn from the high of $4.19 on December 6, 2024, to the $0.57 low of April 7. A decisive close above this level could extend the Worldcoin rally to the 78.6% Fibonacci level at $2.73.
