TWTUSDT By FieryTrading – Technical Analysis – 10-20-2022 12:34:32

In this analysis, I’d like to highlight a token that I rarely see parsed or talked about, TWT.

What is Trust Wallet Token? Queen Market Cap:

“TWT token holders unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of Decentralized Exchange (DEX) services. TWT holders can also participate in Trust Wallet management and can vote on Trust Wallet update proposals that they Help shape app development.”

With more and more people dipping their toes into cryptocurrencies, it would make sense that this would lead to increased use of the most popular wallet, and therefore an associated token.

Coming into the analysis, there is no bear market in sight for TWT. The token has been trading sideways for almost two years now. However, her movements are becoming more and more frequent. So the breakout will soon come in both directions.

rising The target is blue. $2 seems far-fetched, but seeing this token with a market cap of not even $0.5 billion, it’s not so far fetched.

My assumption is that TWT will break rising . The token is very resilient and is only trading at 30% discount from ATH, while most other coins are trading at 90% discount.

Definitely put this on my watch list.

TWTUSDT by FieryTrading
– Technical Analysis – 10-20-2022 12:34:32 – Coinfune [SV]

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