Coinpedia-Market-Insight

Will TWT Price Reach $1.35?

Long
Above $1: TWT price action shows a significant rise above the psychological mark of $1.
Golden Crossover: The 50-day EMA is rising, hinting at a potential golden crossover.
Next Target: A jump above $1.15 could propel TWT to $1.35.
Bitcoin's Influence: Altcoins like TWT are finding support as Bitcoin stabilizes around $28K.
Bullish Turn: TWT has escaped the 50-day EMA resistance, signaling a bullish trend.
Price Jump: TWT rose from $0.71 to $1, forming higher lows in the process.
46% Growth: The token has gained 46% in the last 40 days, potentially recovering a 25% YTD drop.
Technical Indicators: MACD maintains a positive trend, and the EMAs are signaling a potential golden crossover.
Current Price: TWT is trading at $1.049, with an intraday growth of 0.77%.
Morning Star Pattern: A potential morning star pattern at $1 could indicate a stronger bullish comeback.
Optimistic Scenario: If TWT exceeds $1.15, it could reach $1.35, a 16% hike.
Pessimistic Scenario: Increased selling could lead to a retest of $0.90.

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