WCT (WalletConnect Token) has pulled back to the range of $0.309–$0.310 after reaching a local high of $0.329. It is currently in a short-term consolidation phase. The price remains firmly above the key support level of $0.308, showing some resilience, and is expected to challenge the resistance area above $0.35.
🔍 Key Technical Levels:
Short-term support level: ~$0.3116
Upper resistance range: $0.339–$0.349
If the current price can successfully form a bottom and break through resistance with volume, it may usher in a new round of upward momentum.
WCT is the native token of the WalletConnect protocol. WalletConnect is an open-source Web3 communication protocol that allows users to securely and standardized connect with various blockchain DApps (decentralized applications) through crypto wallets. Its biggest advantage is that it enables secure communication without exposing private information.
Currently, WalletConnect has integrated:
Over 600+ wallets
Thousands of DApps
Across multiple blockchain ecosystems
To become one of the most important connecting bridges in the Web3 world.
With the widespread adoption of the WalletConnect protocol, the network effect and utility value of WCT continue to grow, making it worthy of investors' close attention to its price trends and ecosystem development.#WalletConnect
@WalletConnect #WalletConnenct $WCT