Trust Wallet Token Price Prediction — Will TWT Price Hit $2 Soon?

This Trust Wallet Token Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our TWT price analysis and prediction.

The cryptocurrency market has started to surge again. There are many virtual assets that surged to a new all-time high during the recent 2021 bull run. In contrast, some digital assets had shown a downtrend as well. As a result, many digital asset investors and traders are confused about whether it is time to hold or sell the digital asset for a good price. This is the same case for TWT. It’s price increased by about 44% in the past one year.

Nevertheless, the crypto market is consolidating lately, and most digital assets are losing their previous profits. Is the scenario the same with TWT price? We’ll find out shortly in this TWT price analysis 2022 article. But first, let’s have a quick background on what TWT is.

What Is a Trust Wallet Token (TWT)?

Trust Wallet Token (TWT) is a BEP-20 utility token that offers benefits and incentives to users. Moreover, Trust Wallet is a mobile-based digital asset wallet that enhances many famous native assets, in addition to popular tokens on the Ethereum, Binance, and TRON blockchain.

TWT token holders unlock many benefits of using a Trust Wallet. Adding discounts on in-app crypto-assets purchases and utilizing DEX services. Moreover, the TWT holders can also be involved in the governance of the Trust Wallet. It could vote on the proposed update of the Trust Wallet, however, helping to shape the development of the app. Initially, the Trust Wallet Token is launched as a BEP-2 asset on Binance Chain. In October 2020, it is relaunched as a BEP-20 token on Binance Smart Chain.

Now that we have an idea about TWT, do you think TWT will be profitable crypto in 2022? Join me and let us see the charts in this TWT price analysis and TWT price prediction.

Trust Wallet Token (TWT) Current Market Status

Trust Wallet Token is one of the most prominent crypto assets in the market today. In fact, crypto was able to record a huge growth rate of over 38.3% in the past one month. For this reason, TWT has become one of the most talked-about digital assets in the crypto world.

In terms of its market standing, crypto stands itself as one of the most aggressive cryptocurrencies in CoinGecko. As a result, TWT price trades at $0.7892 with a 24-hour trading volume of $112,627,773.

Now that you already have an idea about what Trust Wallet Token cryptocurrency is, do you think Trust Wallet Token is a good investment this year? If you are ready to know, come let us check together this Trust Wallet Token price prediction and price analysis article.

Trust Wallet Token (TWT) Price Analysis 2022

Currently, TWT holds 204th place on CoinGecko. But will the recent upgrades, development, and changes in the blockchain help the digital asset price to reach higher? Let’s proceed to the charts in this TWT price prediction article.

From the chart above, the bullish trend of Trust Wallet Token (TWT) could continue since it has already passed the top curve in the Keltner Channel Indicator above.

Since the 90-MA is above the 30-MA in the chart above, we can infer that long-term investors would gain a good return on their TWT holdings.

With a relative strength index value of 50.39, the present trend of Trust wallet Token (TWT) is strong since it lies between 50 and 70.

Trust Wallet Token (TWT) Price Prediction

With a relative strength index value of 50.39, the present trend of Trust wallet Token (TWT) is strong since it lies between 50 and 70.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone TWT from its uptrend position. In simpler terms, the price of TWT might plummet to almost $0.2654, a bearish signal.

Meanwhile, our long-term TWT price prediction for 2022 is bullish. Notably, it is not much possible to surpass its current all-time-high (ATH) at about $1.65 that was attained on September 5^th, 2021 according to CoinMarketCap this year. Moreover, TWT can reach new highs only if it breaks many previous psychological resistances.

Trust Wallet Token (TWT) Price Prediction 2022

If TWT’s bullish trend continues, TWT will reach $1.44 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $1.0377. Then this rise will decrease, but no major falls are expected. With upcoming partnerships, and developments reaching $2 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that TWT has a high possibility of reaching a new ATH soon.

Trust Wallet Token (TWT) Price Prediction 2023

The price of TWT can move even great heights, however reaching $5. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency TWT breaks past the psychological resistance level.

Trust Wallet Token (TWT) Price Prediction 2024

As per the latest upgrades, developments, TWT price prediction, and new project forecasts of the platform the price surges. Moreover, this might boost the price of TWT in the crypto market, and it will be the best investment as the price can spike and reach around $10.

Trust Wallet Token (TWT) Price Prediction 2025

In the next four years, TWT prices could rise up to $15. However, reaching this level could not be so difficult for TWT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders.

Trust Wallet Token (TWT) Price Prediction 2026

As per the latest upgrades, developments, TWT price prediction, and new project forecasts of the platform the price surges. Moreover, this might boost the price of TWT in the crypto market, and it will be the best investment as the price can spike and reach around $20.

Conclusion

TWT has a great future ahead of it in 2022. With ongoing developments happening within the TWT ecosystem, as well as in the overall crypto market, we may see TWT reach new heights. The bullish price prediction of TWT is $1.4443.

Meanwhile, our long-term TWT price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $1.65 this year. However, that will only happen if it breaks past a number of psychological resistances.

Also, if investors have decided that TWT is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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