#wct $WCT

๐Ÿ“Š WalletConnect Token (WCT) Price Prediction & Analysis โ€“ June 2025 Outlook

WalletConnect Token (WCT) has recently experienced significant price movements, reaching an all-time high of $1.34 on May 31, 2025. Currently, WCT is trading at approximately $0.48, reflecting a 64% decline from its peak. Despite this correction, the token's fundamentals and market sentiment suggest potential for recovery.

๐Ÿ” Technical Analysis

๐Ÿ“ˆ Support & Resistance Levels

Immediate Support: $0.45

Key Resistance: $0.60

The Relative Strength Index (RSI) is hovering around 55, indicating a neutral to slightly bullish momentum. A break above the $0.60 resistance level could signal a bullish trend continuation.

๐Ÿ“ˆ Bullish Scenario

If WCT breaks above the $0.60 resistance level with strong volume, it could target the following levels:

Short-term Target: $0.75

Mid-term Target: $1.00

This bullish outlook is supported by recent developments, including WalletConnect's expansion to the Solana network and plans to airdrop 5 million WCT tokens, which could increase demand and utility for the token.

๐Ÿ“‰ Bearish Scenario

If WCT fails to hold the $0.45 support level, it may decline to:

Next Support Level: $0.35

Further Downside: $0.30

A break below these levels could indicate a shift in market sentiment and potential further declines.

๐Ÿ—“๏ธ June 2025 Price Prediction

Scenario Price Range

Bullish $0.75 โ€“ $1.00

Neutral $0.50 โ€“ $0.60

Bearish $0.30 โ€“ $0.45

โš ๏ธ Disclaimer

This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to high market risks. Please conduct your own research (DYOR) and consult with a financial advisor before making any investment decisions.