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TWT is one of the 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 one of the 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 had been going through stress from the broader crypto neighborhood following FTX’s recent collapse.
We usually are 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 in case you 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 huge losses. The complete crypto market cap is up by greater than 1% today and at present stands at round $840 billion.
Bitcoin is closing in on the $17k resistance degree 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% up to now today.
Key ranges to look at
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 throughout the optimistic zone, indicating that TWT is at present bullish. The 14-day RSI of 85 exhibits that TWT is at present within the overbought area.
At press time, TWT is buying and selling at $2.4952 per coin. If the bullish run continues, TWT may surge previous the primary main resistance degree at $3.0 and set a new all-time high within the course of.
However, TWT may wish the assist 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 earth. 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, corresponding to; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.
Swapzone
Swapzone is a crypto trade aggregator that operates as a gateway between the cryptocurrency neighborhood and trade providers. Swapzone goals to offer a handy interface, secure person stream, and crystal-clear information for customers to search out one of the best trade charges among the many complete cryptocurrency market.
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