In the past few months, asset management giants including BlackRock and Franklin have successively increased their investment in tokenized real-world assets RWA. On the other hand, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which builds the existing international remittance system, also announced that they have joined forces with major international banks to implement a new RWA wire transfer framework through tokenization technology to further optimize remittance efficiency. This series of measures shows that traditional finance is very optimistic about the future application potential of RWA and will continue to invest in this sector.

Which RWA altcoins are worth investing in? Will there be a surge in October?

PENDLE

PENDLE has gained 27% in the past week, making it one of the RWA altcoins to watch in the next month. Its current price is $4.47, and it has been above the rising trend line in recent weeks, maintaining strong upward momentum. PENDLE's main target in the coming weeks is the key resistance level of $6.31; conversely, if the selling force increases, the price may fall below the rising trend line and fall back to $3.16.

In addition to the coin price, the token unlocking schedule is also one of the important variables of PENDLE. Pendle Finance will launch a week-long token unlocking period on October 2, unlocking 31,210 PENDLE tokens per day; although the unlocking amount is not large, it may still cause slight downward pressure on the coin price.

Ouyi also launched spot trading at 15:00 today, which can boost positive sentiment in the current market.

AVAX

AVAX rose 9% in the past week, with a price of $29.2. The increase in its long-short force balance indicator Balance of Power (BoP) indicates that buyers have greater control over the market. If the buying pressure continues, AVAX may surge to a target price of $55.07; on the contrary, if the trend cannot continue, it will go back to test the two support levels of 28.66 and 17.33.

VET

VET has risen 18% in the past week, with a price of $0.026. According to the daily candlestick chart, $VET recently broke through the descending triangle convergence, showing short-term technical bullishness. If it retests and successfully stands above the breakout line, VET may reach $0.04 in the next few weeks; otherwise, it will lose momentum and fall below the support line of the triangle convergence, and may fall to as low as $0.01.

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ONDO is priced at $0.83, up 21% in the past week. Its relative strength index (RSI) is 66.87, indicating strong buying activity. If the trend continues, ONDO may reach two target prices of $0.87 and $1.09 in the short term; otherwise, it will fall back to $0.5.

LINK has gained 12.5% ​​in the past week, with a price of $12.6. This increase may be driven by the increase in its network users. On-chain data shows that the number of unique addresses trading LINK has increased by 13% in the past week; at the same time, the number of newly created addresses trading LINK has also increased by 29%. If the trend can be maintained, LINK may rise to the target price of 15.47; on the contrary, if demand slows down, it may adjust back to $11.24. LINK traders should continue to pay attention to the accumulation activity of the token to determine the changes in its potential demand.

Bitcoin is expected to record one of the largest September gains ever, driven by a wave of global interest rate cuts, including the United States' active shift to loose monetary policy. Bitcoin prices have risen by more than 10% so far this month, compared with an average September drop of 5.9% over the past decade. The small-cap coin index has climbed more than 20%, indicating that loose financial conditions are activating high-risk sectors in the cryptocurrency market.

To support economic growth, the Federal Reserve, the European Central Bank and other central banks all lowered borrowing costs in September. Anticipating more stimulus measures, markets have rushed to buy assets from stocks to gold in response to looser monetary conditions.

Central banks around the world have cut interest rates in turn, sparking global optimism. Coupled with the continued resilience of US economic data, investors' risk appetite has increased. The US core PCE price index will be released tonight, which will provide further key clues for the Fed's interest rate cut. Pay attention to market volatility risks and allocate assets reasonably.