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Top RWA Tokens to Watch During Ethereum ETF Listing
With Ethereum price surging while Bitcoin marks its third consecutive positive day, altcoins are quick to jump in. The uptrend is gaining momentum as market pundits predict Ethereum’s listing in July, amid which RWA tokens deserve to be on your crypto watchlist.
With the market predicting a bullish turn in the coming weeks, it’s worth keeping an eye on small-cap altcoins. So, let’s take a closer look at our top RWA token picks for a huge rally as the market recovers and excitement builds for Ethereum listing.
Real World Asset (RWA) Tokens to Watch: Opulous (OPUL)
With a market cap of $26M, Opulous is a P2P DeFi platform backed by real-world assets. As the altcoin market rebounds, the OPUL token price has increased by 20% in the last 24 hours.
With a falling wedge on the daily chart, the OPUL token price reveals a growth cycle within the pattern. Starting the uptrend with a morning star, the RWA token has risen by 24% in three days.
The RWA token is ready to challenge the overhead resistance trendline with the MACD and signal lines positively aligned.
With a potential breakout rally, OPUL price could reach the 200D EMA at $0.145 next week. Assuming the momentum is maintained, the uptrend could reach the $0.25 mark.
Electra Protocol
Electra Protocol is an RWA token with a market cap of $11.82 million, up 6% today. Despite the clear downtrend on the daily chart, the price action of XEP token shows a strong support level at $0.0005229.
The downtrend in XEP price forms a resistance trendline and leads to a death cross at the 50D and 200D EMA. However, RWA token shows a bullish reversal, gaining momentum and teasing the trendline breakout rally.
If the bullish phase continues, XEP price could reach the psychological threshold of $0.0010.
Mantras (OM)
OM, the native token of Mantra, a security-focused Layer-1 RWA blockchain, is showing a moving bullish trend. With a recent bull cycle from the $0.6251 support level, the OM token is up 47% in 15 days.
Currently, RWA token is trading at $0.96 after a 4.73% overnight jump. Furthermore, the uptrend is poised to break out of the psychological $1 mark, teasing a new high momentum peak. According to trend-based Fibonacci levels, the bullish reversal is poised to challenge the 38.20% level.
A disruptive rally aims to potentially reach the $1.39 level this month.