$WCT Can WCT reach $1? Yes – and here’s the data that supports it
This isn’t a gut feeling. It’s a conclusion based on technical and fundamental analysis. Here’s why WCT has real upside potential:
1. Market Cap: $72.3M
That’s still micro-cap territory. Projects with similar structure and momentum have grown to $500M+ market caps. A move toward even $250M would significantly reprice the token.
2. Circulating Supply: Only 18% of total supply
Out of 1B tokens, only ~186M are in circulation. This means reduced sell pressure, and any significant buying activity can have an outsized impact on price.
3. All-Time High: $0.63 on April 16, 2025
Current price: ~$0.39. That’s 38% below ATH. Returning to ATH is a natural mid-term goal. $1 represents ~156% growth — entirely possible in crypto conditions.
4. RSI(6): ~36 (oversold)
The RSI indicator is signaling a potential trend reversal. Historically, values in this range suggest an asset is undervalued in the short term.
5. 24h Volume: ~$146M
That’s an impressive amount of trading volume for a $72M market cap token — a strong sign of active market interest and liquidity.
6. Technical Pattern: Double bottom + green candle on support
On the 4h chart, we see a double bottom formation with the first green candle emerging. This is a classic bullish reversal signal backed by stable volume.
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Conclusion:
If the altcoin market stays strong, WCT has a statistically and technically supported path toward $1. It’s not just possible — the data says it’s plausible.
#wct #WalletConnect #CryptoAnalysis #BinanceHODLerHYPER #altcoins
This isn’t a gut feeling. It’s a conclusion based on technical and fundamental analysis. Here’s why WCT has real upside potential:
1. Market Cap: $72.3M
That’s still micro-cap territory. Projects with similar structure and momentum have grown to $500M+ market caps. A move toward even $250M would significantly reprice the token.
2. Circulating Supply: Only 18% of total supply
Out of 1B tokens, only ~186M are in circulation. This means reduced sell pressure, and any significant buying activity can have an outsized impact on price.
3. All-Time High: $0.63 on April 16, 2025
Current price: ~$0.39. That’s 38% below ATH. Returning to ATH is a natural mid-term goal. $1 represents ~156% growth — entirely possible in crypto conditions.
4. RSI(6): ~36 (oversold)
The RSI indicator is signaling a potential trend reversal. Historically, values in this range suggest an asset is undervalued in the short term.
5. 24h Volume: ~$146M
That’s an impressive amount of trading volume for a $72M market cap token — a strong sign of active market interest and liquidity.
6. Technical Pattern: Double bottom + green candle on support
On the 4h chart, we see a double bottom formation with the first green candle emerging. This is a classic bullish reversal signal backed by stable volume.
⸻
Conclusion:
If the altcoin market stays strong, WCT has a statistically and technically supported path toward $1. It’s not just possible — the data says it’s plausible.
#wct #WalletConnect #CryptoAnalysis #BinanceHODLerHYPER #altcoins
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
WCT
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