Trust Wallet TWT
Current Price
$0.5196 -1.15%
$0.0233 Daily Range (4.48%)
$0.5170$0.5403
$12.49M Daily Volume
178 BTC
Vol/MktCap: 5.77%
Market Performance
-1.14% 0.00000739 BTC
+0.34% 0.0003 ETH
-1.15% 0.5197 USDT
-7.11% 0.3331 XRP
-0.72% 0.0008 BNB
0.03% Relative BTC Volume
The total volume of Trust Wallet is $12.49M over the past 24 hours, compared to $43.04B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.5286 -1.70%
13 SMA $0.5280 -1.59%
21 SMA $0.5291 -1.80%
55 SMA $0.5197 -0.04%
144 SMA $0.5057 +2.75%
Price Performance
-0.24% 1 Hour Change
$0.5196 from $0.5208
-2.05% 7 Day Change
-$0.0106 from $0.5302
-28.37% 14 Day Change
-$0.1474 from $0.6670
-46.25% 30 Day Change
-$0.2403 from $0.7599
All Time High
December 11, 2022
$2.72 -80.94%
-$2.20 vs. now
24H Change
-2.45M USD -1.12%
-35 BTC
Volume and Supply
Total Supply: 1.00B TWT
416.65M TWT Available41.66% 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
50.03 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
23.62M TWT traded over past 24 hours
5.67% 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.
Conversion Tool
Trust Wallet AI Market Analysis
Trust Wallet (TWT) is currently trading at $0.52669, reflecting a 3.79% increase over the last 24 hours. The daily price range has been relatively stable, with a high of $0.540296 and a low of $0.504305, indicating short-term volatility is limited to approximately 6.76%.
The trading volume over the past 24 hours stands at 13,930,848, translating to a volume/market cap ratio of 6.35%. This suggests moderate market activity and interest, although the overall market capitalization remains low, which could amplify price movements in either direction as trading volumes fluctuate.
From a technical perspective, the hourly moving averages indicate mixed signals. The 8 SMA and 13 SMA are both showing slight declines, while the longer-term SMAs (21, 55, and 144) indicate upward trends, suggesting a potential short-term correction followed by a recovery if sustained buying pressure develops.
Momentum indicators reveal a neutral stance, with a 1-hour RSI of 52 and a 7-day RSI of 49. This positioning indicates that TWT is neither overbought nor oversold at present, supporting the notion of consolidation before any significant directional move.
Despite the short-term positive price change, longer-term trends are concerning. Over the past 30 days, TWT has experienced a price decline of approximately 44.32%, and the 14-day price change shows a significant drop of 28.84%, indicating ongoing bearish sentiment and the potential for further downside risk.
With the all-time high of $2.72 achieved in December 2022, current prices reflect a significant depreciation of over 80%. As the market sentiment is still cautious and given the historical price action, the potential for a reversal remains uncertain.
In conclusion, the mixed technical indicators and bearish long-term trends suggest a Hold rating for Trust Wallet (TWT) at this time. Investors should monitor market conditions closely, as a break above resistance levels could warrant a reassessment for potential buying opportunities, but current trends do not support a bullish stance.
The trading volume over the past 24 hours stands at 13,930,848, translating to a volume/market cap ratio of 6.35%. This suggests moderate market activity and interest, although the overall market capitalization remains low, which could amplify price movements in either direction as trading volumes fluctuate.
From a technical perspective, the hourly moving averages indicate mixed signals. The 8 SMA and 13 SMA are both showing slight declines, while the longer-term SMAs (21, 55, and 144) indicate upward trends, suggesting a potential short-term correction followed by a recovery if sustained buying pressure develops.
Momentum indicators reveal a neutral stance, with a 1-hour RSI of 52 and a 7-day RSI of 49. This positioning indicates that TWT is neither overbought nor oversold at present, supporting the notion of consolidation before any significant directional move.
Despite the short-term positive price change, longer-term trends are concerning. Over the past 30 days, TWT has experienced a price decline of approximately 44.32%, and the 14-day price change shows a significant drop of 28.84%, indicating ongoing bearish sentiment and the potential for further downside risk.
With the all-time high of $2.72 achieved in December 2022, current prices reflect a significant depreciation of over 80%. As the market sentiment is still cautious and given the historical price action, the potential for a reversal remains uncertain.
In conclusion, the mixed technical indicators and bearish long-term trends suggest a Hold rating for Trust Wallet (TWT) at this time. Investors should monitor market conditions closely, as a break above resistance levels could warrant a reassessment for potential buying opportunities, but current trends do not support a bullish stance.
Updated 724 minutes ago.
Trust Wallet Relative Price at Market Cap of:
Trust Wallet TradingView Chart
You May Also Like
Bitcoin BTC
$70,304.00 -0.01%
WhiteBIT Coin WBT
$52.34 -0.97%
Sui SUI
$1.00 -0.67%
Aave AAVE
$128.88 +0.82%
Bittensor TAO
$188.44 -3.98%
HTX DAO HTX
$0.00000171 -0.74%
BitTorrent BTT
$0.00000036 +0.71%
Olympus OHM
$17.34 +0.10%
In The News
Apollo’s $90 mln plan – Enough to erase MORPHO’s 40% Q4 slide?
If the exchange selling pressure remains muted, the altcoin's recovery could extend.
PENGU rallies by 10% as NFT sales drop – Relief bounce or bull trap?
Using the H4 chart's swing move lower in the first week of February, a set of retracement levels was plotted.
Prediction markets should become hedging platforms, says Buterin
Prediction markets should pivot from short-term betting and move toward becoming price stability instruments for consumers, Buterin argued.
Chainlink co-founder Sergey Nazarov appointed to CFTC advisory body
Nazarov's appointment may enhance regulatory clarity and foster innovation, potentially strengthening the U.S.'s position in global digital markets.