$WCT WalletConnect (WCT) maintains positive outlook despite mixed technical signals
WalletConnect (WCT) is positioned as an essential Web3 infrastructure, powering millions of connections and dApps while expanding through multi-chain integration and institutional backing. This solidifies WCT’s role as a cornerstone in the Web3 ecosystem.
From a technical perspective, indicators are currently showing mixed signals. While WCT’s price has dipped to $0.2991, a bullish MACD crossover combined with contracting Bollinger Bands suggests potential short-term buying pressure.
Community sentiment remains highly positive, emphasizing WCT’s utility in governance and staking, further reinforced by a recent staking overhaul proposal.
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