{"id":447668,"date":"2023-10-13T19:42:26","date_gmt":"2023-10-13T19:42:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=447668"},"modified":"2023-10-13T19:42:26","modified_gmt":"2023-10-13T19:42:26","slug":"trust-wallet-token-twt-price-prediction-with-mobile-wallet-adoption-can-twt-target-2-even-as-an-intriguing-presale-coin-captures-attention","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/trust-wallet-token-twt-price-prediction-with-mobile-wallet-adoption-can-twt-target-2-even-as-an-intriguing-presale-coin-captures-attention","title":{"rendered":"Trust Wallet Token (TWT) price prediction: With Mobile Wallet Adoption, can TWT Target $2, Even as an Intriguing Presale Coin Captures Attention?"},"content":{"rendered":"

Trust Wallet’s native token, Trust Wallet Token (TWT), has experienced a bullish trend, surging into the supply zone at $1.04.<\/p>\n

The unwavering support of the Trust Wallet community backs TWT’s growth. Passionate members express their confidence in the token’s pivotal role in shaping the DeFi and Web3 landscape.<\/p>\n

Over the last 24 hours, the token has gained 6.2% in price, surpassing resistance levels. It is currently trading at $0.96 as of 6:35 a.m. EST.<\/p>\n

\"Trust
TWTUSD Price Chart by Tradingview.com<\/figcaption><\/figure>\n

Price Prediction: Can Trust Wallet Token (TWT) Target $2<\/h2>\n

The price of TWT encountered resistance after bullish activity established a base in the $0.91 support zone, facilitating an ascent to $1.04.<\/p>\n

This scenario has allowed bears to step in, starting a correction to recoup their losses. This correction has impeded additional bullish advances and led to a $0.91 support level drop.<\/p>\n

Furthermore, the price has established an inverted head and shoulders pattern, which is typically a bullish indicator. The shoulders, formed at $0.94, act as a support level for Trust Wallet Token (TWT)<\/a>, enabling bulls to push upwards.<\/p>\n

TWT’s price indicators show bullish signals, with the 50 and 200 moving averages trading below the current price of $0.93 and $0.95, respectively. The 200 SMA’s positioning also suggests a potential rebound for TWT, showing a neutral outlook.<\/p>\n

Moreover, the relative strength index (RSI) has bounced back from 30 oversold territory, currently trending upward at 62. This shows intense buying pressure that could drive the RSI above 70.<\/p>\n

Trust Wallet Token (TWT) may reach record highs. It is currently in a bullish trend with supportive price indicators. If the momentum continues, TWT has the potential to achieve new highs as the bulls aim to reclaim the $1.04 resistance level. This will mark a 69% increase from its current price.<\/p>\n

In contrast, bears may target the $0.91 support zone during the correction. A breach below the $0.94 support level could push the price down to the $0.86 support level. Why not diversify your portfolio with an intriguing presale coin?<\/p>\n

Meme Kombat<\/a> has gained attention for its innovative presale approach. With its S2E and P2E features, investors could consider MK an alternative to Trust Wallet Token (TWT).<\/p>\n

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5 hours left to submit your memes fellow kombatants 🫡<\/p>\n

Check pinned tweet for details ⚔️$MK<\/a> #MemeKombat<\/a> pic.twitter.com\/jJeTHUCoLu<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) October 12, 2023<\/a><\/p><\/blockquote>\n