Close Menu
  • Home
  • Crypto News
  • Tech News
  • Gadgets
  • NFT’s
  • Luxury Goods
  • Gold News
  • Cat Videos
What's Hot

Cruel daddy tortures his wife and kid #cat #cats #catvideos #shorts

May 31, 2025

Best iPhone Apps in 2025 to Boost Productivity and Creativity

May 31, 2025

Tron (TRX) Shows Steady Growth This Month, Yet Smart Investors Are Focused on Ruvi AI’s (RUVI) Upcoming $1 Valuation Listing

May 31, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
KittyBNK
  • Home
  • Crypto News
  • Tech News
  • Gadgets
  • NFT’s
  • Luxury Goods
  • Gold News
  • Cat Videos
KittyBNK
Home » Top 5 RWA Crypto Assets To Watch
Crypto News

Top 5 RWA Crypto Assets To Watch

March 12, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Top 5 RWA Crypto Assets To Watch
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency market has continued its downturn trend after the late 2024 rallies. Bitcoin (BTC) dropped 4 month low of below $77,000 on March 11 and Ethereum (ETH) has declined by more than 13% in the last week, falling from its December high of $4,000 to its current level of $1,875, putting great pressure on the major altcoins. 

Five significant Real World Asset (RWA) tokens, including Chainlink (LINK) and Ondo (ONDO), have dropped to critical support levels during this downward crypto market. While OM remains resilient, trading in the green, ALGO has plummeted 2% and CPOOL surged 9%.

1. Mantra (OM)

In the OM daily chart, the price has plunged 0.38% today and touched the 50-day Moving Average (50MA) support at  $6.2673 (shown in the green rectangle) and also touched the ascending trendline which usually has support below it. However, OM’s price has shown strength and is trading higher at $6.2.

Observing the historical price movements, similar tests of the support at 50MA (as shown in the purple circles) arms were followed by strong recoveries that brought strong rallies. If this scenario plays out, OM price may retest its all-time high (ATH) of $9.15 with possible consolidation thereafter.

Top 5 RWA Crypto Assets To Watch

2. Chainlink (LINK)

The chainlink price pattern shows two ascending diverging trend lines. The top side connects Chainlink’s higher highs and the bottom connects its lower highs over a certain period. This wedge can potentially lead to a strong rebound in most cases.

In Chainlink’s instance, the wedge was defined by the upper side connecting the largest swings since September 2022 and the lower side connecting the lowest points since June 2023. $LINK price has since found its way back down and is approaching the bottom of its megaphone pattern, suggesting a rebound.

If the rebound happens, the next level to watch is $30.81, the highest level in 2024. This target is nearly 135% above the current price and corresponds to the 50% Fibonacci Retracement level.

3. Ondo (ONDO)

ONDO’s weekly price chart shows an ascending spreading wedge pattern. The continuing correction started with its rejection of the upper trendline at $2.14 (the December 16 high), which set off a continuous fall toward the lower support trendline.

With today’s decline, ONDO price challenged the lower trendline support at $0.72 but is currently trading above $0.83, showing some resilience. If ONDO follows its historical price movement within the pattern, a major rebound toward the upper trendline of $3.03 is possible.

4. Algorand (ALGO)

Despite going through a bear market and failing to establish a decent rally since it, the Algorand price chart has a good historical correlation with major support and resistance levels. The purple circles indicate critical support retests, in each event the price bounced after reaching these levels. The orange circles are resistance levels. At present, ALGO price is at a crucial support level similar to previous cycles, which can be held and bounced.

Historically, this support has served as a major accumulation area and could result in a bounce to $0.60.

5. Clearpool (CPOOL)

The CPOOL price chart formig a rising wedge, which is usually a bearish pattern. The price has been moving between two ascending trendlines for the past few months, making higher highs and lower lows. Historically, $CPOOL saw a sharp rally after its first launch, hitting a peak of $2.57, before witnessing a major downtrend. Between 2022 and 2023, the price consolidated, forming a strong base, before beginning a slow recovery over 2024.

$CPOOL is currently testing the wedge’s lower support at $0.104. The RSI (Relative Strength Index) of 32.43 indicates CPOOL is on the verge of oversold conditions, suggesting a bounce is likely. Likewise, the CCI (Commodity Channel Index) of -148.79 indicates extreme downward momentum, but past behaviors from this level expect a price reversal. If CPOOL is maintained above the $0.09 support level, a bounce to $0.31 is likely to follow.

Conclusion

The RWA industry is expanding rapidly, with many projects gaining widespread attention on social media. As of March 9th, $LINK, $ONDO, and ALGO were the most prominent projects in RWA sectors by social interaction, according to statistics from Phoenix Group. 

The Real-World Assets industry continues to expand at a rapid pace. It has a market cap of $30.13 billion, which is 1.10% of the total cryptocurrency market cap. With $11.9 billion, or nearly 69% of the market, tokenized private credit makes up the largest portion.  At $3.5 billion, tokenized U.S. Treasury debt has also gained popularity. 

The five cryptocurrencies are all near their significant support levels right now, which have historically led to recoveries. This will be a good time to accumulate the dip for traders. DYOR ( Do your Own Research) once entering the market. 

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tron (TRX) Shows Steady Growth This Month, Yet Smart Investors Are Focused on Ruvi AI’s (RUVI) Upcoming $1 Valuation Listing

May 31, 2025

Is it Time for a Deeper Correction?

May 30, 2025

Solana (SOL) Price Heading to the Crucial Range—Will it Drop to $150 or Rebound to $180?

May 30, 2025

Will the CETUS Recovery and ETF Hype Spark a Breakout?

May 30, 2025
Add A Comment
Leave A Reply Cancel Reply

What's New Here!

DOGE Price Breakout Signals Uptrend Despite Losing Ranks in Top 10 Coins

February 13, 2024

Elevate your garden in 2024: 3 compelling reasons to invest in a summer house

November 24, 2023

KuCoin Ventures invests $20K in the TON Network!

December 1, 2023

A Comprehensive Guide To Maintenance Costs, Reliability, And Average Prices

January 26, 2024

iOS 18.3 Release Candidate: Final Look Before Official Release!

January 27, 2025
Facebook X (Twitter) Instagram Telegram
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA
© 2025 kittybnk.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.