- Trust Wallet Unveils a crypto-to-fiat off ramp
- The Binance MoonPay has partnered with MoonPay, a non-custodial wallet Ramp
- The TWT price jumped 9% following the news that it had risen to above $1.31. It then fell to $1.25 at writing.
Trust Wallet Token (TWT), the native symbol of Trust WalletAfter the announcement that a crypto to-fiat off-ramp had been launched by a non-custodial wallet provider,, the cryptocurrency saw its value surge more than 9% to $1.31
The Partnering with Web3’s MoonPay payment platform and non-custodial fiat–to-crypto infrastructure provider Ramp It will be possible Trust Wallet Users can convert crypto to fiat without accessing a central crypto exchange. Users You can transact right from your computer. Trust Wallet The firms also noted that app is available.
TWT price outlook after Trust Wallet Partnerships
As As mentioned above Trust Wallet’s integration with MoonPay and Ramp This means that users can now withdraw effortlessly from transactions made with crypto-to fiat. The news of the development, which will see the non-custodial wallet’s users tap into frictionless crypto market transactions, also means full control of the stored funds.
TWT price for the 4-hour chart Source: TradingView
The positive update added to TWT’s buying pressure, with bulls breaking above $1.30 for the first time since 18 March This is the year. HoweverThe 4-hour RSI remains in overbought territory. This suggests that a dip may be possible in the short-term.
While Potential profit taking could push the TWT/USD below $1.20 support level. Bulls could see new upside momentum and retest resistance at $1.40. If the market turns bullish, a move to $1.76 would be possible.
TWT traded at $1.25 as of the writing. Its price had risen 6% over the last 24 hours.
