WCT forecast
Here is today's forecast for $WCT (WalletConnect Token):
1. Current price: approximately 0.358 USD, which indicates a slight decrease of about 0.04% during the day.
2. Daily range: fluctuates between 0.338 USD and 0.379 USD.
3. Short- and medium-term forecasts:
CoinCodex predicts that today WCT may reach as much as 0.351 – 0.377 USD and between July 24 and 28 a drop to around 0.278 USD this week.
MEXC forecasts today's price at 0.3505 USD, unchanged from the previous day; tomorrow slight increases are expected to 0.35055 USD.
Binance (based on assumptions of 5% annual growth) suggests that the price could be 0.377 USD today, and a slight increase to 0.379 USD in the coming month.
4. Technical analysis (Binance):
On the 4-hour chart, MA50 and MA200 indicate an upward trend, though a short-term correction is possible.
RSI in the neutral zone (30–70), with no clear buy or sell signals.
5. Market sentiment:
According to CoinGecko, the community is rather bullish (~67%).
CoinCodex records a Greed index at 74, indicating moderate greed and a short-term overvaluation of the market.
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🔍 Summary for today
The price of WCT oscillates in the range of 0.34–0.38 USD.
Technically – a sustained upward trend with a possible short-term correction.
The community is generally optimistic, which may support price maintenance, however, the Greed index suggests caution.
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What to monitor:
Supports: around 0.34 USD (lower daily range).
Resistances: around 0.38 USD (upper daily range).
Any potential correction could clear overbought positions, but stronger indicators suggest a maintenance of the upward trend.