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Trade_Waves
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strange
you could have had an eye on
BTC
these coins always follow BTC
Tx crypto Trader
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almost 20 hour to hold give me advice hold or close
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Trade_Waves
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$WCT hello everyone as long can see #WCTUSDT coin can be go LONG up to $0.4500 to $5000 in next 24 hours most probably this #coin can do everything plz do visit your mom analyses before placing any order have a happy n earny trading
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Why is WCT’s price down today? $WCT TLDR: Wallet Connect Token (WCT) dropped 2.25% in 24 hours due to profit-taking after recent airdrop-driven gains, broader market risk aversion, and technical weakness. Airdrop sell pressure: Post-Jupiter airdrop profit-taking Market-wide pullback: Altcoins underperformed as BTC dominance rose to 64.46% Technical breakdown: Price fell below key support at $0.321 pivot point Deep Dive 1. Primary catalyst The 5 million WCT airdrop announced for Solana users (Jupiter) on June 13 triggered profit-taking. Historical patterns show airdrop recipients often sell tokens post-distribution, creating downward pressure. WCT had rallied 276% from April lows, making short-term holders prone to exit positions after the news-driven spike. 2. Market dynamics Altcoins faced headwinds as Bitcoin’s dominance rose to 64.46% (+0.42% in 24h), reflecting capital rotation into safer assets. The CMC Altcoin Season Index fell to 17 (Bitcoin Season), while geopolitical tensions (Middle East escalation) drove a $1B liquidation event across crypto markets on June 13. WCT’s 24h volume-to-market cap ratio of 71% signals high volatility typical of speculative altcoins in risk-off environments. 3. Technical context RSI 14: 37.58 (approaching oversold but not extreme) MACD: Negative histogram (-0.0007) confirms bearish momentum Price: Fell below the $0.321 pivot point and 10-day SMA ($0.348), with next support at the 78.6% Fibonacci retracement ($0.520) Volume: $41.69M (-25% vs previous day) suggests weakening sell pressure but no strong bid support Conclusion WCT’s decline reflects a mix of token-specific profit-taking and broader altcoin weakness, exacerbated by technical breakdowns. While protocol developments like Solana integration and Smart Sessions could drive long-term utility, traders are watching whether $0.29 (May 2025 low) holds as support. Will Bitcoin’s dominance continue to drain liquidity from mid-cap alts like WCT?
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I am not demotivating you but advice is EXIT
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$BTC $ETH $XRP #BNBUSDT #DOGEUSDT everyone, I want to highlight an issue THROUGH this WHENEVER you place any order ALWAYS first of all go and ANALYSE PRICE, MOVING trend, MARKET Cap of #BTC very carefully. BECAUSE only #BTCUSDT is the which affects on the rest (mentioned above) straight away. if #BTC is moving upward then these coins will also be following it AND if BTC is declining then the rest of these would acting accordingly so plz take care have a happy n earny trading
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$NEWT Good News is here as I shared my opinion that #NEWTUSDT will go upward AND have marked it through it's trend wise moving when posted about it it was pricing at $0.4800 and now it is at $0.5800 plus Below are the images which does show everything one pic is from previous post while other is for current price. have a happy n earny trading #BTCUSDT #XRPUSDT #SOLUSDT
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