TWT Price Performance and Relative Strength

Trust Wallet TWT

Current Price

$0.4099 -0.42%

$0.0121 Daily Range (2.96%)

$0.4062$0.4184

$9.07M Daily Volume

116 BTC

Vol/MktCap: 5.31%

Neutral

HTF: 45 (Support Zone)

Market Performance

+0.06% 0.00000527 BTC

+2.45% 0.0002 ETH

-0.42% 0.4099 USDT

+1.50% 0.2887 XRP

+0.94% 0.0006 BNB

0.02% Relative BTC Volume

The total volume of Trust Wallet is $9.07M over the past 24 hours, compared to $45.44B total Bitcoin volume.

Hourly Moving Average

8 SMA $0.4086 +0.32%

13 SMA $0.4089 +0.25%

21 SMA $0.4111 -0.28%

55 SMA $0.4123 -0.58%

144 SMA $0.4134 -0.85%

+0.46% 1 Hour Change

$0.4099 from $0.4080

+0.47% 7 Day Change

$0.0019 from $0.4080

+3.33% 14 Day Change

$0.0136 from $0.3962

-18.37% 30 Day Change

-$0.0753 from $0.4852

December 11, 2022

$2.72 -84.92%

-$2.31 vs. now

$170.91M Market Cap

2,196 BTC

24H Change

-592.16K USD -0.35%

-8 BTC

Total Supply: 1.00B TWT

416.65M TWT Available

41.66% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.

Relative Supply Ratio

49.95 x BTC Supply

50:1 supply ratio

RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.

Relative Trade Volume

21.99M TWT traded over past 24 hours

5.28% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.

Markets and Insights

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Trust Wallet AI Market Analysis

Trust Wallet (TWT) is currently trading at $0.40917, reflecting a slight decline of 0.99588% over the last 24 hours. The asset's daily price fluctuation has been relatively narrow, with a range between $0.408233 and $0.418383, indicating a period of low volatility.

The volume of $8,889,076 represents a 5.21% turnover relative to its market cap, suggesting moderate trading activity. Moving averages reveal a downward trend, with the 8 SMA at $0.4094 showing a decrease of 0.05%, and longer-term SMAs (55 SMA at $0.4127, 144 SMA at $0.4141) indicating sustained bearish momentum.

Momentum indicators indicate that TWT is approaching oversold territory, with a 1-hour RSI at 41 and a 7-day RSI at 47. However, despite a recent 7-day price increase of 1.26% and a 14-day change of 2.09%, the 30-day change of -17.94% signals significant downward pressure over a longer timeframe.

With the all-time high at $2.72 established in December 2022, the current price represents a substantial decline. Given the bearish trend in moving averages and the lack of strong momentum indicators, the outlook remains cautious.

Based on the current technical and fundamental data, I rate Trust Wallet (TWT) as a Hold. The asset is showing signs of consolidation, but the persistent downward pressure suggests waiting for a clearer trend reversal before considering a Buy.

Updated 251 minutes ago.