Trust Wallet Token Dropped -13.60% in Last Month and is Predicted to Reach $1.02 By Jun 25, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Trust Wallet Token is up 4.26% today against the US Dollar
• TWT/BTC increased by 2.59% today
• TWT/ETH increased by 3.81% today
• Trust Wallet Token is currently trading 7.60% below our prediction on Jun 25, 2023
• Trust Wallet Token dropped -13.60% in the last month and is up 26.12% since 1 year ago

TWT price is expected to rise by 8.23% in the next 5 days according to our Trust Wallet Token price prediction

is trading at $ 0.945738 after gaining 4.26% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.33% in the same time period. TWT performed well against BTC today and recorded a 2.59% gain against the world’s largest cryptocurrency.

According to our Trust Wallet Token price prediction, TWT is expected to reach a price of $ 1.02 by Jun 25, 2023. This would represent a 8.23% price increase for TWT in the next 5 days.

TWT Price Prediction Chart

Buy/Sell Trust Wallet Token

What has been going on with Trust Wallet Token in the last 30 days

Trust Wallet Token has been displaying a negative trend recently, as the coin lost -13.60% in the last 30-days. The medium-term trend for Trust Wallet Token has been bearish, with TWT dropping by -23.14% in the last 3 months. The long-term picture for Trust Wallet Token has been positive, as TWT is currently displaying a 26.12% 1-year price change. On this day last year, TWT was trading at $ 0.749871.

Trust Wallet Token reached its all-time high price on Nov 14, 2022, when the price of TWT peaked at $ 2.73. The current TWT cycle high is $ 0.973693, while the cycle low is at $ 0.713506. TWT has been displaying high volatility recently – the 1-month volatility of the coin is at 12.67. Trust Wallet Token recorded 16 green days in the last 30 days.

Trust Wallet Token technical analysis for today – Jun 20, 2023

The sentiment in the Trust Wallet Token markets is currently Neutral, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.910165, $ 0.874758 and $ 0.846901, while $ 0.973429, $ 1.00 and $ 1.04 are the key resistance levels.

Neutral sentiment for Trust Wallet Token

14 indicators are currently signaling a bullish prediction for Trust Wallet Token, while 14 indicators are showing a bearish forecast. With 50% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Trust Wallet Token.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 49 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Trust Wallet Token moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Trust Wallet Token is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Trust Wallet Token is at 48.72, suggesting that TWT is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Trust Wallet Token over the last 50 days. Currently, Trust Wallet Token is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the TWT closing price for the last 200 days. TWT is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Trust Wallet Token prediction

After considering the above factors, we can conclude that the current forecast for Trust Wallet Token price prediction is Neutral. TWT would have to increase by 8.23% to hit our $ 1.02 target within the next five days. Moving forward, it will be important to monitor the TWT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Trust Wallet Token price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.