The price $WCT ($0.348) has crossed the 7-day moving averages — simple (SMA) at $0.320 and exponential (EMA) at $0.327. The relative strength index (RSI14) is 57.2, indicating potential for further growth into the overbought zone. MACD shows a bullish signal with a positive histogram (+0.0026).
Short-term traders likely supported the rise, targeting the Fibonacci resistance level at $0.379 (23.6% retracement).
- However, the 30-day SMA ($0.324) remains an important support; a close below it may trigger profit-taking.
Key level:
A daily close above $0.353 (pivot level) could lead to a rise to $0.408 — the high from August 11.#wct #WalletConnect @WalletConnect