📊 WCT (Wallet Connect Token) – Buy or Sell? Market Trend Update 🔗
WCT is currently trading around $0.30, down ~78% from its ATH of $1.35. The current trend is bearish, but long-term interest remains.
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📉 Market Overview:
50 & 200-day MAs are sloping down → bearish
RSI is neutral (~40–50), no strong reversal yet
Short-term forecast: Dip toward $0.24–$0.26 possible
Trading volume dropping = weak momentum
📈 Long-Term Outlook:
Solid fundamentals: used in staking, governance, and cross-chain infra
Integrated with 300+ block chains, now supports Solana
Analyst projections for 2026–27: $0.42–$0.65
✅ Verdict:
Short-term: Not ideal for buying — trend is weak
Long-term: If bullish on Web3 wallets, DCA a small position
Already holding? Consider holding or reducing exposure if risk is high
📌 Final tip: Wait for stronger trend reversal before heavy entry.
Always DYOR.