🪙Altcoins To Keep Watch in December Avalanche, Chainlink, and IOTA Lead RWA Altcoin Rally 🚀💰
📍Avalanche ($AVAX) shows bullish momentum with a 20% rise in the past week.
📍Chainlink ($LINK) nears key resistance levels, signaling potential for higher gains.
📍IOTA sees a surge in trading volume, supporting its upward trend toward $0.28
As the year ends, investors are watching real-world asset (RWA)-backed altcoins closely. According to Altcoin Buzz data, Avalanche (AVAX), Chainlink (LINK), and IOTA are among the most promising candidates, each experiencing notable price increases
♦️Avalanche ($AVAX ) Gains Momentum
Avalanche has made a strong move in the market, with a 20% rise over the past week. As at press time priced at $45.38, AVAX has shown a 6.10% increase in the last 24 hours, signaling a potential bullish trend.
On the upside, $46.00 is the immediate resistance, followed by $48.50. With a 24-hour trading volume of $790.71 million, up 27.14%, market interest is strong, suggesting that AVAX may reach new highs soon.
♦️Chainlink ($LINK ) Shows Bullish Sentiment
Chainlink has also seen impressive growth, rising 24% in the past week. At $18.63, LINK is currently trading near key support at $18.00. A successful break above $18.75 could open the door to further upward movement, potentially reaching $19.50 or higher.
If LINK drops below $18.00, it may fall to the next support at $17.55. However, continued volume could push it past resistance, signaling a bullish December outlook.
♦️$IOTA Climbs with Increased Trading Activity
IOTA has been experiencing a steady uptrend, with an 18.88% increase in the last 24 hours, pushing its price to $0.2685. The token’s market cap now stands at $949.3 million, showing a 19.03% rise. A 137.66% surge in 24-hour trading volume highlights the growing interest in IOTA.
Although the price tested resistance near $0.28 recently, a breakout above this level could lead to further gains. On the other hand, $0.25 is key support.