CandleFocus 5 Real World Assets (RWA) Altcoins to Trade in October
2024-09-26
Author: Content Editor
The altcoin market is experiencing increased activity, and tokenized real-world assets (RWA) are worth considering for traders looking to diversify their portfolios. Some RWA-based altcoins to watch in October include PENDLE, AVAX, VeChain (VET), ONDO, and Chainlink (LINK). PENDLE has seen a significant rise in value and has potential upside to reach $6.31, but traders should be aware of ongoing token unlocks that may increase the circulating supply. AVAX is approaching a resistance level and has potential to reach $55.07 if buyer strength continues. VET has broken a bullish technical pattern and may reach $0.04, but a failed retest could result in a drop to $0.01. ONDO has experienced a price hike and strong buying activity, suggesting potential for an extended rally. LINK has seen increased user activity and demand, and if these trends continue, it could reach $15.47. Traders should monitor market sentiment and demand indicators for these altcoins.
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