TWT is the very best performer amongst the main cryptocurrencies today after rallying by 47% within the final 24 hours.
TWT, the native token of the Trust Wallet ecosystem, is up by 47% within the final 24 hours, making it the very best performer amongst the highest 100 cryptocurrencies by market cap.
The rally comes after Changpeng Zhao, the CEO of Binance, urged folks to make use of Trust Wallet. His remark comes as centralised exchanges have been dealing with strain from the broader crypto group following FTX’s recent collapse.
We are usually not simply a CEX. We supply decisions.
Store crypto your self? Read this text I wrote from 2 years in the past. The quarter-hour learn will prevent cash and headache later. @TrustWallet
Read the identical article if you happen to use a CEX, too. @binancehttps://t.co/Kp6VeKirgZ
— CZ ???? Binance (@cz_binance) November 13, 2022
CZ stated Binance presents decisions for buyers, and Trust Wallet is a method they will retailer their cryptocurrencies and be accountable for their keys.
TWT’s rally comes because the broader crypto market begins its restoration following final week’s large losses. The complete crypto market cap is up by greater than 1% today and at the moment stands at round $840 billion.
Bitcoin is closing in on the $17k resistance stage and is up by 1% within the final 24 hours. Ether can also be buying and selling above $1,200 and is up by 2.5% to this point today.
Key ranges to observe
The TWT/USD 4-hour chart is extraordinarily bullish as Trust Wallet has been performing properly within the final 24 hours. The technical indicators present that TWT is outperforming the broader crypto market.
The MACD line is deep inside the optimistic zone, indicating that TWT is at the moment bullish. The 14-day RSI of 85 reveals that TWT is at the moment within the overbought area.
At press time, TWT is buying and selling at $2.4952 per coin. If the bullish run continues, TWT might surge previous the primary main resistance stage at $3.0 and set a new all-time high within the course of.
However, TWT may need the help of the broader cryptocurrency market to maneuver towards the $4 mark within the close to time period.
Where to purchase Trust Wallet now
Binance
Binance is likely one of the largest cryptocurrency exchanges on the planet. It is healthier suited to extra skilled buyers and it presents a giant variety of cryptocurrencies to select from, at over 600.
Binance can also be identified for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, reminiscent of; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.
Swapzone
Swapzone is a crypto change aggregator that operates as a gateway between the cryptocurrency group and change companies. Swapzone goals to supply a handy interface, secure person circulation, and crystal-clear information for customers to search out the very best change charges among the many complete cryptocurrency market.
