Trust Wallet Token and 1inch Show Renewed Strength as Bullish Momentum Builds

Trust Wallet Token (TWT) and 1inch (1INCH) extended their short-term recovery on Friday, signaling renewed bullish sentiment after a sharp sell-off earlier in the week. On-chain data shows growing user engagement and trading activity, while both assets continue to rebound from key technical support levels.

Growing Market Interest and Rising Volumes

Trading volume remains one of the most reliable indicators of investor interest, and both TWT and 1INCH are showing encouraging signs. The weekly trading volume for 1inch has climbed to $110.86 million, up from $81.21 million the previous week. Likewise, Trust Wallet Token’s volume has risen for the second consecutive week, reaching $32.98 million so far — a sign that buyers are re-entering the market.

Part of this renewed attention can be attributed to deeper integration between the two projects. The incorporation of 1inch’s decentralized exchange aggregator within the Trust Wallet ecosystem strengthens the connection between them, potentially driving correlated growth in both tokens.

Network Growth Signals Expanding User Adoption

According to on-chain data from Santiment, the 1inch network has seen a notable rise in user activity, with network growth reaching 160 new addresses on Thursday — its highest level since mid-July. This suggests that more users are adopting the platform, adding to its long-term bullish outlook.

Meanwhile, Trust Wallet is also witnessing a steady increase in daily active addresses, following a surge in new user adoption earlier in October. This renewed network activity may provide additional support for the TWT token in the coming days.

Technical Outlook Points to Sustained Upside Potential

Trust Wallet Token continued its rebound on Friday, rising around 2% and marking its fourth consecutive daily gain. The asset remains firmly above the $1.00 psychological level, supported by its 50-day, 100-day, and 200-day exponential moving averages (EMAs). The correction from the October 8 high of $1.73 appears to be stabilizing around the 100-day EMA near $1.10.

A decisive close above the $1.29 resistance level could confirm a bullish continuation toward the $1.65 pivot point and the October high at $1.73. Momentum indicators reinforce this outlook: the MACD is nearing a bullish crossover, while the RSI has risen to 48, showing a gradual recovery in buying pressure.

In contrast, a drop below $1.10 could trigger a retest of the 200-day EMA at $1.01, with deeper support near $0.93.

1inch Challenges Resistance Amid Renewed Buying Pressure

The 1INCH token is outperforming, gaining more than 11% on Friday as it challenges the 100-day EMA near $0.218. After reclaiming the $0.20 threshold, the next major resistance stands near the $0.233 level — where the 200-day EMA aligns with a declining trendline formed from July and October highs.

If 1inch manages to break above this confluence zone, further targets lie near $0.25 and $0.35, supported by rising momentum. The MACD has bounced from the signal line, while the RSI sits at 59, leaving room for additional upside before approaching overbought territory.

However, if 1inch faces rejection at $0.233, potential support levels emerge at $0.166 and $0.136, corresponding to the June and November lows.