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Cryptocurrency News Articles
Top 3 RWA Tokens With the Potential to Outperform Bitcoin (BTC) During the Coming Weeks
Jul 08, 2024 at 07:45 pm
Dive in as, in this article, we have covered the top 3 RWA tokens that have the potential to record a massive uptrend in their respective
The cryptocurrency market has shown positive price action as Bitcoin price successfully recovered from the $57,000 mark. Top altcoins have also recorded a notable uptrend in their respective portfolios over the past few hours.
On the other hand, the Real World Assets (RWA) category has regained momentum with some tokens recording double-digit gains within the past 1 hour. With the current market sentiment, will the RWA category outperform top crypto tokens during the coming time?
Dive in as, in this article, we have covered the top 3 RWA tokens that have the potential to record a massive uptrend in their respective portfolios during the upcoming weeks.
Chromia (CHR) price has recorded a correction of 2.38% within the past 24 hours with a change of +30% in its trading volume. However, it has jumped over 10% within the past seven days and has a YTD return of 31.41%, highlighting a long-term bullish sentiment for the altcoin.
The technical indicator, MACD, has displayed a constant decline in the green histogram, indicating a decline in the buying and selling pressure for the altcoin in the crypto space. However, the averages display a constant rise, suggesting a mixed sentiment.
If the market holds the OM price above its important support level of $0.2580, the bulls will regain momentum and prepare to test its upper resistance level of $0.3430. Conversely, if the bears regain control, the Mantra price will plunge toward its low of $0.1925 this month.
Chainlink (LINK) price has added 4.97% to its portfolio within the past 24 hours with a trading volume of $369.609 Million, a change of +51.04%. However, the altcoin continues it struggle to breach its important resistance level of $13.275.
The Relative Strength Index (RSI) has recorded a sharp rise toward its mid-point, highlighting increased buying sentiment for the LINK price in the crypto market. Further, the average trendline displays a bullish crossover, suggesting a positive outlook.
On the other hand, the SMA indicator constantly acts as a resistance to the price chart in the 1D time frame, suggesting a mixed sentiment in the crypto space.
Suppose, a bullish reversal occurs, in such case the Chainlink price will prepare to test its high of $15.050. Negatively, if the bears continue to dominate the market, the LINK price will retest its crucial support level of $11.775 this month.
Despite the ongoing cross-border market correction, the Mantra (OM) price has added 4.16% within the past day and 21.24% over the past week. Moreover, the OM coin price has jumped 2.46% within the past 30 days and has a Year-to-Date (YTD) return of 1,490.70%.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram, indicating a rising bullish sentiment for the OM price in the crypto market. Further, the averages show a significant uptrend, highlighting the Mantra price will continue gaining value this week.
Maintaining the OM coin price above its important support level of $0.850 will set the stage for it to prepare to test its upper resistance level of $1.035. However, a bearish reversal could pull the altcoin toward its crucial support of $0.6250.
Built on the Ethereum chain, the Polymath project provides its users with the technology to create, issue, and manage security tokens on its blockchain. Further, to fulfill the regulatory requirements of the capital market, it has Polymesh, an institutional-grade blockchain built specifically for regulated assets.
With a trading price of $0.08899, a circulating supply of 924,998,413 POLY, and a total supply of 1 Billion tokens, it has secured the 396th position in the global crypto-list with a market capitalization of $82.316 Million.
Despite recording a loss of 15.03% over the past seven days, this altcoin has surged 8.90% within the past day and has surged 23.55% over the past 30 days, highlighting a strong bullish outlook for the POLY price in the coming time.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- XYZVerse Leads the Charge as a Sports-Driven Memecoin, While Tokens Like WIF, STX, and JASMY Catch Investor Attention in the Evolving Crypto Landscape
- Nov 25, 2024 at 04:10 pm
- As the cryptocurrency market enters a bullish phase, certain altcoins are poised for significant potential gains in 2025. With Bitcoin reaching unprecedented levels, attention turns to emerging tokens that could offer substantial returns. Identifying these opportunities early may be crucial for maximizing investment outcomes in the upcoming altcoin season.
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- During the period from November 18 to November 24, 2024, there were a total of 19 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $145.1 million.
- Nov 25, 2024 at 02:10 pm
- According to incomplete statistics from RootData, during the period from November 18 to November 24, 2024, there were a total of 19 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $145.1 million. From the perspective of track distribution, the projects that received financing are mainly concentrated in the infrastructure and DeFi tracks.
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- Lunex Network (LNEX) Joins XRP and TRX As Top Q4 Crypto Contenders Amid Altcoin Season Boom
- Nov 25, 2024 at 02:10 pm
- The altcoin season is booming in Q4, with more than a third of the top 100 cryptocurrencies outperforming Bitcoin. With the current momentum, Lunex Network, XRP, and TRX are emerging as strong contenders in the crypto market.