Trust Wallet Token aumenta del 90% in una settimana; Perché TWT si sta radunando?

Mentre la maggior parte delle criptovalute lotta per contenere le perdite innescate dal crollo dell'exchange FTX, il Trust Wallet Token (TWT) continua a registrare guadagni a dispetto del sentimento generale del mercato.

Timeline of Trust-wallet-token

A leading analytics firm is keeping a close watch on Trust Wallet Token (TWT) after the mid-cap altcoin skyrocketed 143% within seven days. TWT is the native asset of Trust Wallet, a non-custodial app that allows users to have full control over their crypto assets.

The exponential rally in Trust Wallet Token prices stalled at the $2.5 resistance. However, the daily chart shows several long-wick rejection candles, and reducing volume indicates the prices trigger a bearish reversal.

A cryptocurrency that now has nearly $1 billion in market capitalization, the Trust Wallet Token ($TWT), has been bucking the bearish trend that hit the cryptocurrency space in the wake of FTX's collapse with a surge of over 130%. According to data from CryptoCompare and TradingView, Trust Wallet Token's price moved from around $1.

Despite current market conditions, the official Trust Wallet token (TWT) has posted impressive gains in the last 7 days. TWT saw an impressive rise of over 97% on its week-on-week chart.

Binance CEO, CZ, suggests self-custody for investors protection; recommends Trust Wallet Trust Wallet Token makes 50% profit for holders with potential to abide in the bullish region for an extended period  Trust Wallet Token [TWT] appreciated more than 50% in the last 24 hours after Binance CEO CZ suggested investors use decentralized exchanges.

TWT, the native token for Trust Wallet, has been on a massive bull run over the past few weeks. At the time of writing, TWT was trading at $2.27 after a 7.5% gain in 24 hours. The token is also up 92% over the past week.

Binance CEO Changpeng Zhao highlighting the importance of the trust wallet token amid the FTX-crypto exchange collapse, influenced investors' concern for the safety of their assets. As a result, the TWT price witnessed a significant inflow and a massive bull run.

TWT's price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1.5.  TWT bounced from a low of $0.88 as the price rallied to a high of $1, preparing for a rally as the price showed bullish signs.

Trust Wallet Token (TWT) is trading inside a short-term corrective pattern from which a breakdown would be the most likely scenario. The post Trust Wallet Token (TWT) Creates Double Top Pattern, Looks to Reclaim $1 appeared first on BeInCrypto.

Be[In]Crypto takes a look at the five cryptocurrencies that increased the most from June 10 to 17, including Trust Wallet Token. The post Trust Wallet Token (TWT) Increases By 60% Relative to May Low: Biggest Weekly Gainers appeared first on BeInCrypto.