Best-3-RWA-Altcoins

Top 3 RWA Altcoins to Trade This July

The cryptocurrency market continually evolves, with different types of assets gaining prominence. Recently, Real World Assets (RWA) have captured investor interest. These assets refer to tangible items with intrinsic value, such as real estate, commodities, and physical goods, now being tokenized for digital markets. Here, we highlight three RWA altcoins worth trading in July: Avalanche (AVAX), MANTRA (OM), and Chainlink (LINK).

Avalanche (AVAX)

Investors should be aware of the inherent volatility in the crypto market. A failure to breach the current resistance could see AVAX dropping to $24, invalidating the optimistic outlook. Nevertheless, Avalanche’s robust technology and growing ecosystem make it a compelling option for traders looking to capitalize on potential rebounds.

AVAX-RWA-Altcoin-Price-Chart
Credit : CoinMarketCap

MANTRA (OM)

The RSI for MANTRA is nearing the bullish zone, suggesting a possible uptrend. If MANTRA maintains its support and gains momentum, it could see a positive trajectory. However, losing this support level could result in substantial losses, with prices potentially falling below $0.50. For investors willing to take calculated risks, MANTRA offers an intriguing opportunity in the RWA space.

OM-RWA-Altcoin-Price-chart
Credit : CoinMarketCap

Chainlink (LINK)

Chainlink’s strong fundamentals and market demand suggest a recovery target of flipping $16.5 into support over the next month. However, if unforeseen circumstances cause LINK to break its support at $12.9, it could slip to an eight-month low of $11.9. Chainlink’s established reputation and essential role in the blockchain ecosystem make it a noteworthy RWA altcoin to consider for July trading.

In summary, Avalanche, MANTRA, and Chainlink each offer unique value propositions and potential for growth in the RWA market. While each comes with its own set of risks, the current market conditions and technical indicators suggest that these altcoins could be promising additions to an investor’s portfolio in July. As always, it’s crucial to conduct thorough research and consider market volatility before making any investment decisions.

Link-RWA-Altcoin-Price-chart
Credit : CoinMarketCap

Disclaimer !! The information provided by CryptopianNews is for educational and informational purposes only. It should not be considered financial or investment advice. Cryptocurrency markets are highly volatile and speculative, and investing in them carries inherent risks. Readers are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

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