On July 5, 2025,@WalletConnect ($WCT ) After a short-term adjustment, the price shows new market momentum. As the core cross-chain communication protocol of the Web3 ecosystem,#WalletConnect recently made significant progress in technical upgrades, partner expansions, and market adoption. This article will analyze $WCT's short-term trading opportunities and long-term investment value from five perspectives: price trends, technical indicators, ecosystem development, news dynamics, and future trends.
1. Price trend analysis: Short-term correction ready for a breakout
As of today, the latest trading price of $WCT is $2.87, up 3.6% from the previous day, but still below the key resistance level of $3.00. Recent prices have been fluctuating in the $2.50-$3.00 range, forming a short-term support structure:
Short-term support: $2.70 (20-day EMA)
Key resistance: $3.00 (psychological level + previous high pressure)
Breakthrough target: If it stabilizes above $3.00, it may test $3.50 (Fibonacci 61.8% retracement level)
From the order book data, buy orders are accumulating in the $2.80-$2.90 range, indicating strengthened buying power in the market, and short-term traders may focus on breakout opportunities.
2. Technical indicators: RSI and MACD indicate bullish momentum
RSI (4H): Currently at 58, not yet overbought, still has room for upward movement.
MACD (daily): The fast line (DIF) crosses above the slow line (DEA), forming a golden cross, indicating a strengthening mid-term trend.
Trading volume: The trading volume has increased by 22% in the past 24 hours, confirming a resurgence of market interest along with the price increase.
If $WCT can break through $3.00 along with increased volume, it may usher in an accelerated upward trend.
3. Ecosystem development: WalletConnect V3 is fully implemented, enhancing cross-chain interaction.
@WalletConnect recently completed the V3 version upgrade, focusing on optimization:
✅ Multi-chain signature support (new chains added such as Solana, Cosmos, etc.)
✅ Gasless trading experience (reducing user friction)
✅ Deep integration of NFT & DeFi (collaborations with Uniswap, OpenSea, etc.)
As Web3 wallets (like MetaMask, Trust Wallet) fully integrate with the WalletConnect protocol, the adoption rate of $WCT continues to rise, with strong long-term value support.
4. News dynamics: Institutional entry + regulatory benefits
BlackRock mentioned WalletConnect in its latest report as a 'key project for Web3 infrastructure', attracting market attention.
The EU (Markets in Crypto-Assets Regulation) (MiCA) is officially implemented, benefiting compliant cross-chain protocols, with $WCT as an industry standard.
Coinbase announced that it will include $WCT in its list of 'institutional-level Web3 services' support, expected to bring in new capital inflows.
These news items reinforce the fundamental logic of $WCT, pushing market sentiment towards optimism.
5. Future trends: Will Q3 2025 see an explosion?
Short-term (1-3 months):
If it breaks through $3.00, the target is $3.50-$4.00 (previous high resistance area).
If it retests the $2.50 support, it can be seen as a low-buy opportunity.
Long-term (end of 2025):
Web3 wallet users have surpassed 500 million, and with WalletConnect as the core interaction protocol, the demand for $WCT will increase significantly.
More institutional-level DeFi applications adopting WalletConnect may drive $WCT into the top 100 by market capitalization.
$WCT Is now a good time to position?
Overall, $WCT shows positive signals in terms of technical aspects, ecosystem development, and market sentiment. Short-term traders may focus on breakout opportunities around $2.80-$3.00, while medium to long-term investors can accumulate at lower levels, waiting for the explosive growth in Web3 adoption.
Key operational suggestions:
🚀 Break above $3.00 to chase, target $3.50, stop loss at $2.70
📉 Buy on dips at $2.60-$2.70, hold for the medium to long term
#WalletConnect is becoming an indispensable infrastructure for Web3, and the value of $WCT is just beginning to be released.
