Fri, March 29

Trust Wallet Token (TWT) Price Prediction 2023, 2024, 2025-2030

Trust Wallet Token (TWT) Price Prediction 2023, 2024, 2025-2030 Crypto Price Prediction
  • Bullish TWT price prediction for 2023 is $1.8529 to $2.4723.
  • Trust Wallet Token (TWT) price might reach $5 soon.
  • Bearish TWT price prediction for 2023 is $1.0165.

In this Trust Wallet Token (TWT) price prediction 2023, 2024-2030,  we will analyze the price patterns of TWT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • Trust Wallet Token (TWT) Current Market Status
  • What is Trust Wallet Token (TWT)?
  • Trust Wallet Token (TWT) 24H Technicals
TRUST WALLET TOKEN (TWT) PRICE PREDICTION 2023
  • Trust Wallet Token (TWT) Support and Resistance Levels
  • Trust Wallet Token (TWT) Price Prediction 2023 — RVOL, MA, and RSI
  • Trust Wallet Token (TWT) Price Prediction 2023 — ADX, RVI
  • Comparison of TWT with BTC, ETH
TRUST WALLET TOKEN (TWT) PRICE PREDICTION 2024, 2025, 2026-2030
CONCLUSION
FAQ

Trust Wallet Token (TWT) Current Market Status

Current Price $1.70
24 – Hour Price Change 4.91% Up
24 – Hour Trading Volume $292,413,933
Market Cap $707,486,515
Circulating Supply 416,649,900 TWT
All – Time High $2.72 (Dec 12, 2022)  
All – Time Low $0.006478 (On Jul 31, 2020)  
TWT Current Market Status (Source: CoinMarketCap)

What is Trust Wallet Token (TWT)

TICKERTWT
BLOCKCHAINEthereum
CATEGORYGovernance Token
LAUNCHED ONNovember 2017
UTILITIESGovernance, security, gas fees & rewards

Trust Wallet Token (TWT) is the native utility token of Trust Wallet. Trust Wallet is a “multi-cryptocurrency” wallet mobile app that exists on the Binance Smart Chain (BSC). The wallet app was launched in November 2017 by Viktor Radchenko. It was then acquired by Binance in July 2018. Trust Wallet App allows users to securely store cryptocurrencies and non-fungible tokens (NFTs) securely. As of 2023, Trust Wallet supports more than 4.5 million assets on 65 blockchains. 

Its utility token, Trust Wallet Token (TWT) was launched as a BEP-2 token on Binance Chain in February 2020, and then later in October 2020, it was relaunched as a BEP-20 token on the Binance Smart Chain (BSC). On holding TWT tokens, users get to access the services on the crypto wallet app. TWT also serves as the governance token that grants voting power to users. 


Trust Wallet Token 24H Technicals

(Source: TradingView)

Trust Wallet Token (TWT) Price Prediction 2023

Trust Wallet Token (TWT) ranks 70th on CoinMarketCap in terms of its market capitalization. The overview of the Trust Wallet Token price prediction for 2023 is explained below with a daily time frame.

TWT/USDT Rounding Bottom Pattern (Source: TradingView)

In the above chart, Trust Wallet Token (TWT) laid out a rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.

At the time of analysis, the price of Trust Wallet Token (TWT) was recorded at $1.70. If the pattern trend continues, then the price of TWT might reach the resistance levels of $1.7969, and $4.7181. If the trend reverses, then the price of TWT may fall to the support of $0.7511.

Trust Wallet Token (TWT) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Trust Wallet Token (TWT) in 2023.

TWT/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as the resistance and support levels of Trust Wallet Token (TWT) for 2023.

Resistance Level 1$1.8529
Resistance Level 2$2.4723
Support Level 1$1.3843
Support Level 2$1.0165

TWT Resistance & Support Levels

Trust Wallet Token (TWT) Price Prediction 2023 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Trust Wallet Token (TWT) are shown in the chart below.

TWT/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Trust Wallet Token (TWT) market in 2023.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.9936Price = $1.5991
(50MA < Price)
Bullish(Uptrend)
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions82.2474
<30 = Oversold
50-70 = Neutral>70 = Overbought
Overbought
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume

Trust Wallet Token (TWT) Price Prediction 2023 — ADX, RVI

In the below chart, we analyze the strength and volatility of Trust Wallet Token (TWT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

TWT/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Trust Wallet Token (TWT).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum53.3847Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period61.35

<50 = Low
>50 = High
High Volatility

Comparison of TWT with BTC, ETH

Let us now compare the price movements of Trust Wallet Token (TWT) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs TWT Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of TWT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of TWT also increases or decreases respectively.

Trust Wallet Token (TWT) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Trust Wallet Token (TWT) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year Bullish Price Bearish Price
Trust Wallet Token (TWT) Price Prediction 2024$8$1.5
Trust Wallet Token (TWT) Price Prediction 2025$9$1.3
Trust Wallet Token (TWT) Price Prediction 2026$11$1.2
Trust Wallet Token (TWT) Price Prediction 2027$12$1.1
Trust Wallet Token (TWT) Price Prediction 2028$14$1
Trust Wallet Token (TWT) Price Prediction 2029$17$0.8
Trust Wallet Token (TWT) Price Prediction 2030$20$0.5

Conclusion

If Trust Wallet Token (TWT) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Trust Wallet Token (TWT) price prediction for 2023 is $2.4723. Comparatively, the bearish Trust Wallet Token (TWT) price prediction for 2023 is $1.0165. 

If there is a positive elevation in the market momentum and investors’ sentiment, then Trust Wallet Token (TWT) might hit $5. Furthermore, with future upgrades and advancements in the Trust Wallet Token ecosystem, TWT might surpass its current all-time high (ATH) of $2.72 and mark its new ATH. 

FAQ

1. What is Trust Wallet Token (TWT)?

Trust Wallet Token (TWT) is the utility and governance token of the Trust Wallet App, a multi-cryptocurrency wallet mobile app existing on the Binace Smart Chain (BSC). TWT was launched initially as a BEP-2 token and then later on relaunched as BEP-20 token in October 2020.

2. Where can you buy Trust Wallet Token (TWT)?

Trust Wallet Token (TWT) has been listed on many crypto exchanges which include Binance, Bybit, DigiFinex, Bitrue, and ZOOMEX.

3. Will Trust Wallet Token (TWT) record a new ATH soon?

With the ongoing developments and upgrades within the Trust Wallet Token platform, Trust Wallet Token (TWT) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Trust Wallet Token (TWT)?

Trust Wallet Token (TWT) hit its current all-time high (ATH) of $2.72 on Dec 12, 2022.

5. What is the lowest price of Trust Wallet Token (TWT)?

According to CoinMarketCap, TWT hit its all-time low (ATL) of $0.006478 on Jul 31, 2020.

6. Will Trust Wallet Token (TWT) hit $5?

If Trust Wallet Token (TWT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.

7. What will be the Trust Wallet Token (TWT) price by 2024?

Trust Wallet Token (TWT) price might reach $8 by 2024.

8. What will be the Trust Wallet Token (TWT) price by 2025?

Trust Wallet Token (TWT) price might reach $9 by 2025.

9. What will be the Trust Wallet Token (TWT) price by 2026?

Trust Wallet Token (TWT) price might reach $11 by 2026.

10. What will be the Trust Wallet Token (TWT) price by 2027?

Trust Wallet Token (TWT) price might reach $12 by 2027.

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

 

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.