**🚀 WalletConnect (WCT) Technical Analysis and Value Outlook**
As a leader in Web3 cross-chain communication protocols, WCT has recently shown multiple bullish signals on the technical front:
1️⃣ **Candlestick Patterns**: A W-bottom structure forming at the daily level, with a breakout of the neckline imminent
2️⃣ **Indicator Resonance**: The MACD fast and slow lines have crossed above the zero line, and the RSI has moved out of the oversold zone (currently 45→55)
3️⃣ **Volume-Price Coordination**: Continuous volume increase in the bottom area, and the OBV momentum indicator is steadily rising
From on-chain data:
• Number of holding addresses has increased by 23% month-over-month
• The number of smart contract calls has reached an all-time high
• Daily active connections to the protocol have exceeded 1.8 million
In terms of technical upgrades, the upcoming WalletConnect 2.0 will achieve:
✓ Millisecond-level connection speed
✓ Multi-chain parallel communication
✓ Enhanced privacy protection
The current price area offers an excellent risk-reward ratio, and it is recommended to accumulate on dips. #WCT #Technical Analysis #WCT $BTC $WCT @WalletConnect