$1.12
$-0.01 (-0.64%)
End-of-day quote: 2022-10-17
TWT/USD

Is Trust Wallet on an upswing?

No, the price is below all 3 moving averages and is therefore in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Trust Wallet Forecast for 2023

Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.

Analysts had a wide range of forecasts for the Trust Wallet price over the next year. The most optimistic predicted a 12-month price target of $1.32, implying an 87 percent raise, while the worst-case scenario would be $1.01.

The most recent average price target for the next year is $1.15, and it's the most crucial.

That equates to a potential gain of 2.6 percent.

TWT - Relative Strength Forecast

Trust Wallet broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

TWT - Trend Prediction

TWT - Price Volatility Prediction

TWT - Relative Strength

TWT - Momentum Forecast

In we then see weak volatility for Trust Wallet for a longer period of time which led to negative signals for Trust Wallet.

What Does the Future Hold for Trust Wallet?

Trust Wallet's long-term prospects appear to be excellent. 7 analysts predicted that Trust Wallet would reach $1.21 by March 2025. The Trust Wallet price is expected to be $1.27 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $1.38.