$WCT Market Snapshot
Up 0.58% in the last 24 hours, $WCT shows mixed signals as adoption and technical trends influence its price.
Key Drivers:
Coinbase Optimism Listing: Trading on Optimism went live on August 14, increasing access for U.S. retail investors. Initial roadmap news on August 12 had already pushed the token up 11%, though recent profit-taking has eased gains.
Technical Picture: Currently at $0.341, $WCT sits above its 7-day SMA ($0.320) but faces resistance at $0.3766. RSI of 65 indicates bullish momentum, but MACD convergence suggests possible consolidation. A breakout above $0.3766 could target $0.3878, while a failure could push the price toward $0.316.
Volume & Sentiment: 24-hour trading volume surged 55% to $131M, reflecting speculative activity. With most of the 1B supply locked, long-term dilution is limited, but community optimism around $1 targets adds bullish sentiment.
What to Watch: Sustained volume on Coinbase, further exchange listings, and moves above $0.35 or below $0.334.
#WalletConnect $WCT
