Trust Wallet Price Prediction suggests that the price of the token is trading in a relatively stable state in a narrow price range. It recently saw a bullish hammer candle that was formed near the demand zone, offering a glimmer of hope for the bulls. If the buyers can push the price above the 200-day EMA and sustain it, then the probability of reaching the $2.00 mark before the end of 2023 will increase. The MACD generated a positive crossover and histogram bars are on the rise, pointing to mild bullishness. The RSI at 60 with a sloping upwards trend also suggests that there is room for further upside. It is important for traders to maintain sufficient stops if the price drops below the $1.00 level. If the price drops below this level, it may cause concern for buyers who are holding the token for long-term gains. Resistance levels for TWT are currently set at $1.8000 and $2.000, with support levels of $0.9930 and $0.8000. It is essential to remember to begin trading while keeping in mind the risks associated with investing or trading in the cryptocurrency market.
Angelica Morris
- 2023-04-19
Trust Wallet Price Prediction
Trust Wallet Price Prediction suggests that the price of the token is trading in a narrow price range with the possibility of reaching the $2.00 mark by 2023. Learn about its resistance levels, support levels and more risks associated.
