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Home News Crypto

TWT soars by 47% today and sets a new all-time high

November 15, 2022
in Crypto
Reading Time: 3 mins read

TWT is the best performer among major cryptocurrencies today after gaining 47% in the last 24 hours.

TWT, the native token of the Trust Wallet ecosystem, is the best performing cryptocurrency among the top 100 cryptocurrencies by market cap, up 47% over the past 24 hours.

The rally comes after Changpeng Zhao, CEO of binance, urged people to use Trust Wallet. His comments came at a time when centralized exchanges were facing pressure from the wider crypto community, including: FTX’s recent collapse.

We are more than just CEX. We offer choice.

Do you want to store the crypto yourself? Read this article I wrote two years ago. 15 minutes of reading will save you money and headaches later. @trust wallet

If you’re using CEX, read the same article. @Binancehttps://t.co/Kp6VeKirgZ

CZ Binance (@cz_binance) November 13, 2022

CZ said Binance offers investors choice and Trust Wallet is one way investors can store their cryptocurrencies and manage their keys.

The rise in TWT comes as the broader crypto market begins to recover following last week’s massive losses. Currently, the cryptocurrency market cap has increased by more than 1% and is currently around 8,400. billion dollars.

Bitcoin is approaching the $17,000 resistance level, gaining 1% over the past 24 hours. Ether too he is trading above $1,200 and currently he is up 2.5%.

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Important Levels to Watch

The TWT/USD 4-hour chart is very bullish as Trust Wallet has performed well over the past 24 hours. Technical indicators show that TWT is outperforming the broader crypto market.

The MACD line is deep inside the positive zone, indicating that TWT is currently bullish.The 14-day RSI at 85 indicates that TWT is currently in overbought territory.

At the time of writing, TWT is trading at $2.4952 per coin. If the bull run continues, TWT could surge above the first major resistance level of $3.0 and hit new all-time highs in the process.

However, TWT may need support from the broader cryptocurrency market for it to approach the $4s in the near term.

Where to Buy Trust Wallet Now

binance

Binance is one of the largest cryptocurrency exchanges in the world. Suitable for more experienced investors, with over 600 cryptocurrencies to choose from. Binance is also known for its low trading fees and multiple trading options that users can benefit from. Peer-to-peer trading, margin trading, spot trading.

Buy TWT Now on Binance

swap zone

Swapzone is a crypto exchange aggregator that acts as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, secure user flow and very clear data for users to find the best exchange rates across the cryptocurrency market.

Buy TWT now on Swapzone


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