Institutions are accelerating their layout in the RWA field. Which altcoins are expected to see a big rise in October?
Tonight, the United States will announce the core PCE price index, which is an important indicator of the Fed's interest rate cut decision. Everyone should keep a close eye on it. Market fluctuations are inevitable, and asset allocation should be more flexible.
In recent months, financial giants such as BlackRock and Franklin have increased their investment in tokenized real-world assets (RWA). Even SWIFT, the leader of international remittances, has teamed up with banks to upgrade the wire transfer system with tokenization technology, and the efficiency has soared.
Speaking of the RWA sector, which altcoins are worth our layout in October and try to rise sharply?
PENDLE: This stock has soared 27% in the past week, and the momentum is quite strong. The current price is $4.47, and it is rising along the rising trend line.
AVAX: It also rose 9% last week, and the price stood firm at $29.2. From the comparison of buying and selling power, buyers now have the upper hand. If the buying continues, AVAX can reach $55.07; otherwise, it will have to retreat to $28.66 or even $17.33 to find support.
VET: This stock is not to be outdone, rising 18% in a week and the price is $0.026. From a technical point of view, VET has broken through the constraints of the descending triangle and is bullish in the short term. If it stands firm, it will go to $0.04; if it does not stand firm, it will have to be careful of falling back to $0.01.
ONDO: Last week, it performed well, rising 21% and the price was $0.83. The buying is quite active, and the RSI is 66.87. If it can maintain this momentum, $0.87 and $1.09 are possible; if not, it will have to retreat to $0.5 to defend.
LINK: It was also a star last week, rising 12.5% and the price reached $12.6. More people use it and the trading volume is large, which are all good signs.
Looking at the overall environment, Bitcoin has benefited from the global central bank's interest rate cuts, and its growth in September was amazing. Small currencies are even crazier, with a growth of more than 20%, and high-risk sectors are on full fire.
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At present, I have locked in a potential dark horse coin that is about to soar, and doubling is just an easy jump! The bigger goal is to carefully select a batch of potential coins that are expected to explode before the end of the year. I will announce the specific big moves later. Click on the avatar to follow me and share directly!
