Price Analysis
  • Elena R
    author-profile

    Elena R right arrow

    Author

    Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

    • author twitter

  • 2 minutes read

Must Buy RWA Tokens For 100% Upswing In Q3!

The volatility in the cryptocurrency market is on a constant rise with the price of Bitcoin hovering close to its $65,000 mark. Further, top altcoins have recorded a similar price action and displayed a significant uptrend in their respective portfolios.

Following this, the Real World Assets (RWA) tokens have successfully regained momentum with some altcoins adding over 50% to their portfolio within a short period.ย 

Dive in as, in this article, we have covered the market sentiments, and price analysis of the top 3 Real World Assets tokens that have the potential to record a surge of up to 100% during the upcoming weeks.

Maple (MPL):

Despite recording a correction of 3.48% within the past 24 hours, the Maple price has surged 34.83% within the past seven days and 48.37% over the past month. This indicates an increase in the buying pressure for the altcoin in the market.

Maple Price Analysis
TradingView: MPL/USDT

The RSI indicator continues hovering close to its overbought range in the 1D time frame. Moreover, the EMA 50/200-day displays a potential Golden Cross. This highlights increased positive sentiment for the MPL price.

If the market continues to trade under a bullish influence, the Maple token will prepare to test its upper resistance level of $23.30 in the coming time. Conversely, bearish action could pull the price toward its low of $14.315.

Goldfinch (GFI):

The GFI price has displayed a neutral price action over the past 24 hours with a trading volume of $2.77 Million. However, the altcoin has added 22.30% within the past seven days and 24.77% over the past month. Further, it has a YTD return of 134.99%.

Goldfinch Price Analysis
TradingView: GFI/USDT

The technical indicators EMA 50/200-day and MACD have continued recording a bullish sentiment, highlighting an increase in the positive influence of the Goldfinch token in the cryptocurrency market.

If the market pushes the GFI price above the resistance level of $3.2425, the bulls will head toward its upper resistance level of $5.33 in the coming time. Conversely, if the bears regain momentum, the altcoin will plunge toward its low of $2.140.

Swarm Markets (SMT):

Built on the Ethereum chain, the Swarm Markets is the worldโ€™s first licensed Decentralized Finance (DeFi) platform. This project has made trading and staking tokens on all kinds of Real World Assets easy for Banks, Hedge funds, and retail investors.

With a trading price of $0.622 and a circulating supply of 79,908,506 SMT tokens, this altcoin has secured the 553rd position in the global crypto list with a market capitalization of $49.699 Million.

Positively, the SMT price has jumped 5.69% within the past day and 62.83% over the past week. Furthermore, it has recorded a monthly return of 20.83% and has rewarded its long-term investors with a YTD of 76.93%.

Read Also: This Altcoin is Quietly Rising; Will it Surpass BTC, ETH, or XRP in the Long Run?

Show More

Related Articles

Back to top button