Driven by Bitcoin's strong breakout, WCT surged in the short term but faces resistance at $0.0699. If major coins pull back from their highs, WCT is likely to fluctuate downward to test support at $0.060–$0.062. The medium- and long-term bottom structure remains robust, with a multiple-bottom pattern formed around $0.052, providing a safety margin for bulls. It is recommended to closely watch changes in trading volume and the performance of major coins for short-term trading, and remain cautious when chasing highs. For the medium term, consider gradually positioning as the price stabilizes above $0.070 based on fundamental developments, while strictly controlling the risk of losing key lower supports.

Since April 14, Bitcoin has strongly broken through $74,000 and even briefly reached the $75,000 mark, significantly boosting market risk appetite. WCT prices soared from $0.056 to $0.0699 within two days (April 15 to 16), with a daily cumulative increase of over 20%. Trading volumes also expanded simultaneously, indicating solid bullish entry. Short-term technical indicators are trending toward overbought, and investor sentiment is clearly optimistic, demonstrating the spillover effect of Bitcoin's bullish momentum on WCT.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

On April 17, WCT failed to continue its rally, peaking at only $0.0638 before retreating to close near $0.0619, revealing a temporary fading of bullish momentum. Technically, $0.0699 has become the main short-term resistance. If Bitcoin encounters resistance near $75,000 and pulls back, WCT may also experience choppy downward movement. The $0.060–$0.062 range has now turned into initial support; if trading volumes do not expand again, the price is likely to test the effectiveness of this support.

Looking back at the end of March to early April, WCT repeatedly formed bottoms around $0.052, creating a multiple-bottom structure. The rapid rebound in mid-April effectively validated the strength of these bottoms, indicating an emerging opportunity for medium- and long-term bullish positioning. If Bitcoin's bullish trend continues and holds above key moving averages, WCT could gradually recover toward the $0.070–$0.075 range. However, it is still important to monitor project application progress and changes in overall market liquidity to ensure the alignment of value support with price movements.

WalletConnect Token

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Live chart for WalletConnect Token to USD conversion. Check out WCT to USD prices in real time. Convert, buy, sell, and trade WalletConnect Token on Bybit-eu.

WalletConnect Token Price: WCT Live Price Today | WCT Market Cap & Chart Analysis | Bybit-eu

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WCT price today is 0.06, with a live price change of -1.23 in the last 24 hours. Convert, buy, sell and trade WCT on Bybit-eu.

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