Technical indicators for $WCT show a neutral-positive picture: the Relative Strength Index (RSI) is in the range of 50-59, indicating a moderate bullish sentiment. The MACD histogram is positive, suggesting the presence of upward momentum. The price has also crossed some moving averages, which could have triggered additional demand
The price of $WCT ($0.306) crossed the 7-day simple moving average (SMA) at $0.2977 and the exponential moving average (EMA) at $0.3004. The Relative Strength Index (RSI-7) reached 59.46, approaching the bullish sentiment zone (above 60).
The breakout of short-term moving averages $WCT indicates an increase in buying activity. However, the RSI-14 (50.49) remains neutral, which may suggest a period of consolidation. The MACD histogram has turned positive (+0.0022), but weak trading volume (+13.75% to $41 million) raises questions about the stability of the growth.
