Trust Wallet Token Price Prediction — Will TWT Price Hit $2 in 2022?

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 172.3% 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 9.9% in the past 14 days. 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 $0.8648 with a 24-hour trading volume of $9,451,849.

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 125th 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.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for TWT/USDT, we can deduce that the price of Trust Wallet Token might get bullish in some days since the price is almost breaking out at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 59.87.  This shows that TWT is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

From the chart above, the 200-MA is below the 100-MA which means that short-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are below the recently formed candlesticks, the price of the coin might continue to further decrease.

Trust Wallet Token (TWT) Price Prediction 2022

The chart below shows that TWT has shown bullish performance over the past few days and has gained 7.6% in the past 7 days. If this trend continues, TWT might run along with the bulls, overtaking its resistance level at $0.9387 at resistance1 and surge even more to $1.3580 at resistance4, the 2022 bullish signal.

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 $0.4493, a bearish signal.

Meanwhile, our long-term TWT price prediction for 2022 is bullish. Notably, it is a possibility of surpassing 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.

If TWT’s bullish trend continues, TWT will reach $1.3580 by the end of 2022. Moreover, in July 2022, TWT is going to show fast growth, up to $0.9387. 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

If Trust Wallet Token (TWT) holds the support level around 200-MA which is the long-term moving average, buyers will then have TWT time and stability to forge the next attack mission on the vital level at $5, making it not plummet but play consistently.

Trust Wallet Token (TWT) Price Prediction 2024

As per the latest upgrades, developments, Trust Wallet Token (TWT) price prediction, and new project forecasts of the platform, TWT investors could expect many partnerships and integrations around 2024. 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 three years, Trust Wallet Token (TWT) prices could race 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. This indicates that TWT has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

Trust Wallet Token (TWT) Price Prediction 2026

As per the latest upgrades, developments, Trust Wallet Token (TWT) price prediction, and new project forecasts of the platform, TWT investors could expect many partnerships and integrations around 2026. 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.

Trust Wallet Token (TWT) Price Prediction 2027

In the next five years, Trust Wallet Token (TWT) prices could race up to $30. 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. This indicates that TWT has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Trust Wallet Token (TWT) Price Prediction 2028

As per the latest upgrades, developments, Trust Wallet Token (TWT) price prediction, and new project forecasts of the platform, TWT investors could expect many partnerships and integrations around 2028. 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 $50.

Trust Wallet Token (TWT) Price Prediction 2029

In the next seven years, Trust Wallet Token (TWT) prices could race up to $75. 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. This indicates that TWT has a high possibility of reaching a new ATH soon in the next seven years as per the prediction.

Trust Wallet Token (TWT) Price Prediction 2030

As per the latest upgrades, developments, Trust Wallet Token (TWT) price prediction, and new project forecasts of the platform, TWT investors could expect many partnerships and integrations around 2030. 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 $100.

Conclusion

TWT has a great future ahead of it from 2022 to 2030. With ongoing developments happening within the TWT ecosystem, as well as in the overall crypto market, we may see TWT reach new heights.

Bullish TWT price prediction 2022 is $1.3580. As said above, it may even reach $2 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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