The news background in the market is negative, so many players are cautiously looking at the prospects of investing in altcoins. However, there is a certain trend in the industry that has not yet gone to the masses — wallets. After reaching a historic high of $1.6 last summer, the token has fallen in price by almost 50% and is now trading around $0.87. It is important that this indicator does not exceed the collapse of bitcoin, which lost over 70% of the price and fell to $ 20 thousand. Since mid-May, TWT has been trading in a narrow range from $0.55 to $0.7, where $0.55 acted as a strong support. This period is an accumulation, and a breakout and consolidation above $0.72 is a strong bullish signal. It is important that TWT, despite the collapse of the market, continued to grow in price. Over the past week, the altcoin rate has risen by 58%. The next target for the token is $1 (the old psychologically important level). After the altcoin reaches its historical maximum, the most interesting marks will be $2.3 and $ 3.5 (at this price, the capitalization of the altcoin will reach $ 1 billion, Blackbitinc.com analyst
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