RWA altcoins experienced significant growth in December despite the broad market decline at the end of the month. In particular, some RWA altcoin projects showed resilience and continued to rise. This underlined their future performance potential. Crypto analyst Aaryamann Shrivastava breaks down these five standout RWA tokens.
First in line is the RWA altcoin: Reserve Rights (RSR)
RSR saw a sharp correction in the second half of the month. Despite this, it recorded a 35% increase in December. This rally marked the altcoin’s highest level in 2024. Thus, it exhibited strong momentum before pulling back. Investors remain optimistic about the potential for the RWA altcoin price to rebound in the coming weeks. Currently trading at $0.013, RSR is significantly below its 2024 high of $0.027. The nearest target for the altcoin is to regain the support level of $0.015. Reaching this milestone could signal a continuation of the uptrend over the next four weeks, supported by renewed investor interest.
Second ranked token: Hedera (HBAR)
HBAR consolidated for most of the month. Despite this, it impressed investors with a remarkable 56% increase in December. The RWA altcoin was trading at $0.266 at the time of writing. The altcoin indicates strong potential amid growing market interest. Thus, it has managed to attract attention. The token aims to break out of the consolidation range between $0.392 and $0.250. To achieve this, HBAR needs favourable broader market conditions to support its move towards $0.476. Such a breakout would solidify the bullish momentum. It will also potentially lead to further gains.
Clearpool (CPOOL) also enters the list
CPOOL has increased by 57% in the last month. Thus, it attracted investors’ attention despite its relatively small market capitalisation. The altcoin’s impressive growth has positioned it as a notable player in the current market. It has also attracted the attention of both individual and institutional players. At the time of writing, CPOOL was trading at $0.40. The RWA altcoin struggled to close above the critical resistance of $0.53. Breaching this barrier would allow the altcoin to target a level of $0.60 or higher. Thus, it will signal that the bullish momentum will continue.
Ondo (ONDO) is also on the RWA altcoin list
ONDO has increased by only 7% in the last four weeks. Thus, it has shown the least growth among RWA tokens. The RWA altcoin was trading at $1.31 at the time of writing. ONDO remains under scrutiny as investors assess its potential to rebound amid slow momentum. The token is aiming to turn $1.48 into a support base by holding above the $1.24 support level. Reaching this milestone will allow ONDO to recoup its recent losses and signal a stronger bullish trajectory. Therefore, it is critical for it to try to regain the $ 2.00 level.
Last in line is the RWA altcoin: Polyhedra Network (ZKJ)
ZKJ had a strong December. Thus, it reached $2.02, up 38% at the time of writing. This impressive rise reflects the growing market interest in the altcoin. It also positions it as a standout performer in the cryptocurrency market. Currently consolidating between $2.06 and $1.93, ZKJ is aiming to turn $2.06 into a support level to continue its uptrend. Continued investor support and favourable market conditions will be necessary for the altcoin to maintain its momentum and rise.
The opinions and forecasts in the article belong to the analyst and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.
Follow us on Twitter, Facebook and Instagram, and join our Telegram and YouTube channel to stay up to date with breaking news !
