Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: JordanKing on November 18, 2022, 07:29:35 AM
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Withstanding The FTX Collapse Contagion, Most of the Altcoins recorded biggest recoveries. Including Trust Wallet Token(TWT), Chiliz(CHZ), Aptos(APT), Lido DAO(LDO), and Litecoin(LTC). Coinpedia has discussed in detail about all these coins with solid price analysis, and the reasons behind their recovery. Let's dive deeper into some of these altcoins.
Will These Altcoins Become A Messiah Amid This Crypto Winter?
Write your views on these altcoins in the reply section given below.
Trust Wallet Token(TWT) Price Analysis.
As per Coinpedia, TWT has brought enough pump in its price amid the crypto winter as it builds more trust among decentralized exchanges and crypto funds. Recently, Binance CEO, expressed his point of view about the significant of a self-custodian wallet and highlighted the advantages of utilizing Trust wallet, indicating its token to soar over 50%. At present, TWT is trading at $2.13 after surpassing its immediate resistance level at $1.2 on 12 Nov. TWT may initiate a bull run up to $3 if it surpasses its strong resistance at $2.4.
Chiliz(CHZ) Price Analysis
The price of Chiliz also made an uptrend of over 51% in the past week as it reclaimed the price level of $0.23 after a notable drop from $0.28 to a low of $0.14 because of the FTX's demise. CHZ may project itself to test its 23.6% Fib retracement at $0.25. Provided CHZ maintains its trend above $0.25, then it may pave a clear upward road to the next resistance level of $0.28.
Aptos(APT) Price Analysis
Following the FTX collapse Aptos sharply dropped as the community of the platform questioned its exposure to FTX. But the team rapidly cleared all the doubts as it assured zero exposure with FTX. APT trades at $4.7 mark, and it may trade at a higher level near $5 because the MACD line trades above the signal line, showing the current domination of bulls.
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There will always be good winners despite the trending descend of the general crypto market. And congratulations to the many holders and supporters of these clear winners. I can still remember getting my free 1000 TWT airdropped to me by TrustWallet, I sold them when it reached $1 in price and now that it is at $2 I can feel some regret deep inside of me but that is life - the crypto life which I realized is not for people with faint heart. Right now, we are very much in the bear big territory and nobody knows when can we go out of here...let's wish that 2023 will be smiling to us a lot better.
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