WalletConnect Token Price Forecast
The current price of one WalletConnect token/$WCT is $0.3298. Over the past 24 hours, it has increased by 1.56%. In 40% of cases, the WCT price closed above the opening price.
Based on 17 technical indicators, 4 buy signals, and 6 sell signals, the technical analysis of prices indicates a bearish sentiment in the short term. The first significant resistance level of the upward trend for WCT is at $0.3767. To continue rising, it needs to close above this level. The lower support is at $0.2898. Therefore, if the price drops below $0.2898, we may see further price declines. If WCT closes above $0.3767, it may rise to the next resistance level at $0.5463.
The 14-day Relative Strength Index (RSI) currently stands at 57.96, indicating neutral conditions, meaning the market is neither overbought nor oversold.#WalletConnect #wct @WalletConnect