📈 24-Hour WCT Forecast
As of May 26, 2025, 8:11 PM PKT, WalletConnect Token (WCT) is trading at $0.64.(Binance)
📊 Price Outlook
WCT is exhibiting a bullish trend, with expectations to reach $0.68 within the next 24 hours.
📉 Technical Momentum
The 1-hour chart reveals an ascending channel, with the 50-period EMA at $0.64 acting as dynamic support. The RSI stands at 56, indicating room for upward movement. MACD shows a slight bullish crossover, while Bollinger Bands are narrowing, suggesting a potential breakout.
🔗 On-Chain Strength
Daily active addresses have increased by 12% week-over-week, averaging 4,500. Transaction volume in the past 24 hours is $8.3 million, with a net inflow of 200,000 WCT to exchanges, indicating mild selling pressure.
🏢 Institutional Flows
Futures open interest has grown by 12% in the last 8 hours, with funding rates slightly negative at –0.02%, suggesting a marginal short bias.
📣 Market Mood
The Crypto Fear & Greed Index is at 73 (Greed), reflecting optimistic investor sentiment. Social media mentions of WCT have risen by 18% today, with 60% positive sentiment.
🌍 Macro Tailwinds
The U.S. Dollar Index (DXY) is at 99.01, down 0.07% today, supporting a risk-on environment. S&P 500 futures are up 0.8%, indicating positive market sentiment.
🎯 Entry & Exit
Entry: $0.64
Exit: $0.68
📝 Summary
Based on current technical indicators, on-chain metrics, institutional flows, market sentiment, and macroeconomic factors, WCT is expected to increase to $0.68 within the next 24 hours.
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