Comprehensive Altcoin Analysis: Top 5 RWA Altcoins to Trade This October

Discover the Top RWA Altcoins

The altcoin market is witnessing a resurgence, and Real World Asset (RWA) altcoins are at the forefront. Here, we unveil five RWA altcoins that could be key players in October trading:

Pendle (PENDLE)

• Current Trading Price: $4.34
• PENDLE has surged by 27% over the last week, indicating strong market interest.
• A critical resistance level at $6.31 is approaching.
• Potential Risks: Price could fall to $3.16 if selling pressure increases.

Avalanche (AVAX)

• Current Trading Price: $27.94
• AVAX has seen an 8% spike, nearing resistance at $28.66.
• The Balance of Power (BoP) suggests strong buying momentum.
• If the resistance holds, the price could drop to $17.33.

VeChain (VET)

• Current Trading Price: $0.02
• VET has seen a 14% rally and has broken above a descending triangle pattern.
• It could target $0.04 if the uptrend continues.
• However, if momentum weakens, it may fall to $0.01.

Ondo (ONDO)

• Current Trading Price: $0.78
• ONDO's 24% increase reflects rising demand and a strong RSI of 66.87.
• Short-term targets could reach $0.87 and potentially $1.09.
• A decline may occur if selling pressure builds, dropping to $0.50.

Chainlink (LINK)

• Current Trading Price: $XX.XX
• LINK's value increased by 10%, driven by a rise in user activity.
• Aspires to reach $15.47 amid strong demand.
• Watch for a possible pullback to $11.24 if accumulation slows.