Must Buy RWA Tokens For 100% Upswing In Q3!

Must Buy RWA Tokens For 100% Upswing In Q3!

The post Must Buy RWA Tokens For 100% Upswing In Q3! appeared first on Coinpedia Fintech News

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. 

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.

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%.

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 world’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%.