The bull run continues with the rising institutional demand for Actual World Asset (RWA) tokens. Additional, the Bitcoin value is close to $70K, and the excessive anticipation across the Ethereum ETF set a bullish stage out there.
Therefore, the present setting of the crypto market helps the uptrend risk within the RWA tokens. So, let’s have a better have a look at our high picks of RWA tokens for a large soar this summer time and the upcoming altseason.
HIFI
With a consolidation vary for over weeks, the HIFI token value exhibits a constructive cycle breaking above the overhead resistance. The RWA token is now on the verge of a excessive momentum rally if it sustains above the $0.85 mark.
Because the vary breakout alerts a development reversal, the RWA token might shortly reclaim the psychological mark of $1. This might end in a domino impact with elevated demand amidst a broader market restoration.
If the shopping for stress continues to rise, the HIFI token value might attain the 1.618 Fibonacci degree at $1.74.
ONDO Breakout Eyes $2
With an intraday progress of 6.31%, the ONDO value exhibits a bullish development continuation gaining momentum. The RWA token is on the verge of reclaiming the psychological mark of $1.
Because the prevailing uptrend continues after a minor comeback, the ONDO value displays a breakout of the $1 zone. Additional, it marks a rounding backside breakout and heads to the 1.618 Fibonacci degree.
If the bull run continues, the ONDO value can attain the $2 mark.
PRCL Goals A Breakout Bounce To $1
With a declining development within the 4H chart, the PRCL token stays beneath bearish stress. Additional, the downtrend varieties a resistance trendline, conserving the bullish progress beneath verify.
At the moment, the RWA token exhibits a rounding backside reversal that’s difficult the trendline. This will increase the breakout risk of unleashing the development momentum.
As per the Fibonacci ranges, the bullish reversal might attain the psychological mark of $1.
Will These RWA Tokens Enter Bull Run?
Because the Ethereum value is making ready a bull run because the market anticipates the ETF approval, the altcoins are at the same crossroads. The talked about RWA tokens are promising huge breakout rallies within the coming weeks with a possible 100% surge or extra.