The bull run continues as institutional demand for RWA tokens continues to grow. Moreover, Bitcoin price is approaching $70,000 and high expectations for an Ethereum ETF set the bullish phase for the market.
Hence, the current crypto market environment supports the uptrend possibilities for the RWA token. So, let’s take a closer look at our top picks of RWA tokens that are poised to surge this summer and into the upcoming alt season.
HIFI
After weeks of consolidation, the HIFI token price is showing a positive cycle breaking above the overhead resistance. If the RWA token sustains above $0.85, a strong rally is on the horizon.
As a range breakout signals a trend reversal, the RWA token could soon recapture the psychological $1 mark. This could create a domino effect, with increased demand amid a broader market recovery.
If the buying pressure continues to rise, the HIFI token price could reach the 1.618 Fibonacci level, which is $1.74.
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ONDO price is up 6.31% intraday, showing a continuation of the bullish trend. The RWA token is on the verge of retaking the psychological mark of $1.
ONDO price reflected a breakout of the $1 area as the current uptrend continued after a minor recovery. Moreover, it marked a rounding bottom breakout and headed towards the 1.618 Fibonacci level.
If the bull run continues, ONDO price might reach the $2 mark.
PRCL
The PRCL token remains under bearish pressure with a downtrend on the 4-hour chart. Moreover, the downtrend forms a resistance trendline, inhibiting bullish growth.
Currently, the RWA token is showing a rounding bottom reversal and is challenging the trendline. This increases the probability of a breakout that unleashes trend momentum.
According to Fibonacci levels, a bullish reversal could reach the psychological level of $1.
Will these RWA tokens enter a bull run?
Altcoins are at a similar crossroads as Ethereum price prepares for a bull run in anticipation of ETF approval. The aforementioned RWA token is poised for a massive breakout rally in the coming weeks with the potential to rise by 100% or more.
(Personal opinion, not a recommendation)
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