Bitcoin

5 Real World Assets (RWA) Altcoins to Watch in July

The cryptocurrency market has rescue in last week, several altcoins bouncing recent stockings.

While the Bitcoin price stabilizes and trading volumes are recovering, niche sectors such as real assets in the world (RWA) are starting to attract fresh capital. Among the Altcoins Rwa out of competition in space, Plume, Strx, XDB, Hifi and PRCL emerge as the best contenders to watch closely in July.

Panache (panache)

Plume feeds the panache network, describes as the first Rwa Blockchain Rwa with a layer 1 (L1). It is currently negotiated at $ 0.102, up 26% in the last seven days.

An assessment of the graph of a day Plume / USD shows the Aroon Up line of the token at 92.86. This indicates that its current upward trend is strong, supported by significant demand and not pulled by speculative trades.

The AROON indicator of an asset measures the strength and direction of a trend following the time which followed the highest and lowest prices over a given period. It includes two lines: Aroon Up, which measures the bullish momentum, and Aroon Down, which follows the bearish pressure.

As with Plume, when the Aroon line at the top is 100th or almost 100, the asset has recently reached a new summit, the dominant trend being optimistic. This suggests that the purchase of pressure is high and that the feather price can continue to increase.

In this scenario, the token could exceed $ 0.116. In case of success, the value of the Altcoin could increase to $ 0.141.

5 Real World Assets (RWA) Altcoins to Watch in July
Analysis of plume prices. Source: tradingView

On the other hand, if the craters of demand, the feather price could decrease to $ 0.095 and lower.

Strikex (STRX)

Strx is the native utility token of the Strikex ecosystem. Its price increased by 54% compared to last week, making it one of the RWA parts to be monitored in July.

The Silver Silver Flow of Strx (CMF) continues to climb like its price rallies. When writing these lines, the momentum indicator rests above the zero line at 0.11, signaling a purchase pressure behind the increased trend.

The CMF measures the weighted silver flow as a function of the volume in or out of an asset over a specific period, helping to assess the purchase or sale of pressure. A positive CMF reading and an increase in prices indicate growing demand and strengthen Strx’s current decision.

If he continues, Strx could extend his rally to $ 0.388.

Strx price analysis.
Strx price analysis. Source: tradingView

However, if sales overlap, the price of the token could fall below $ 0.331.

XDB channel (xDB)

XDB is the native part of the XDB network. Its price has climbed 37% in the last seven days, making it a RWA asset to look in in July. At the time of the press, the MacD line of the token (blue) rests above its signal line (Orange), confirming the accumulation trend among XDB traders.

The MacD indicator identifies trends and momentum in its price movement. It helps merchants to identify potential purchase or sale signals via crosses between the MACD and the signal lines.

As with XDB, when the MacD line rests above the signal line, the bullish momentum is built and the active is in an upward trend. This crossover suggests that the purchase of pressure is stronger than the sale pressure, often considered as a signal to hold or enter long positions.

If the purchase activity persists, the price of the Altcoin could increase to $ 0.00075.

XDB price analysis.
XDB price analysis. Source: tradingView

Conversely, if taking advantage resumes, the price of the token could decrease to $ 0,000,63.

Hifi Finance (Hifi)

Hifi is traded at $ 0.133, up 31% in the last seven days. Rwa Altcoin is currently negotiated above its 20-day exponential mobile average on the daily graph, confirming the pressure on the buy side.

The 20 -day EMA measures the average price of an asset in the last 20 days of negotiation, which gives weight to recent prices. When the price is negotiated above the 20-day EMA, it signals a short-term bullish impulse and suggests that buyers control.

If this continues, Hifi could extend his rally to negotiate $ 0.163.

HIFI price analysis
Analysis of HIFI prices. Source: tradingView

However, if the profit takes, the price of the token could drop by $ 0.125.

Parcl (PRCL)

The PRCL has experienced an impressive rise, winning 24% in the last seven days while the interest in Rwa Altcoins continues to build. This wave was accompanied by an increase in the volume of daily negotiation, signaling an increasing confidence and participation of investors.

In the past 24 hours only, the price of PRCL has rallied by 30%, fed by a peak of 193% of the volume of negotiation. This suggests that the rally is supported by high market demand rather than thin liquidity. The combination indicates a healthy and lasting positive trend for short -term PRCL.

If buyers remain in control, they could push the price of PRCL to $ 0.175.

PRCL price analysis
PRCL price analysis. Source: tradingView

However, if the sellers start, the price could drop to $ 0.048.

The post 5 Real World Assets (RWA) Altcoins to watch in July appeared first on Beincrypto.

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