5 real-world Altcoin assets (RWA) to follow in July

The crypto market has seen a bounce back over the past week, with some altcoins reversing from recent lows.

When the price of Bitcoin stabilizes and trading volume bounces back, niche sectors such as Real World Assets (RWA) are starting to attract new capital.

Among the prominent RWA altcoins, PLUME, STRX, XDB, HIFI, and PRCL are the top candidates to watch closely in July.

Plume (PLUME)

PLUME provides support for Plume Network, described as the first comprehensive RWA Layer-1 blockchain (L1). Currently, PLUME is trading around $0.11, up 26% in the past seven days.

Evaluating the 1-day chart, the Aroon Up line is at 92.86, indicating that the current uptrend is quite strong, supported by significant demand and not driven by speculative trading.

The Aroon indicator of an asset measures the strength and direction of a trend by tracking the highest and lowest price levels over a specific period of time. This indicator consists of two lines: Aroon Up, which measures upward momentum, and Aroon Down, which tracks downward pressure.

In the case of PLUME, when the Aroon Up line is close to 100, this asset has recently reached a new peak, with the prevailing trend being bullish. This indicates that buying pressure is high and the price of PLUME may continue to rise.

The token could rise above $0.116. If successful, PLUME will continue to increase towards $0.141.

PLUME Price Analysis | Source: TradingViewConversely, if demand drops sharply, the price of PLUME could slide down to $0.095 and even lower.

StrikeX (STRX)

STRX is the utility token of the StrikeX ecosystem. Its price has increased by 54% in the past week, making STRX one of the notable RWA altcoins in July.

Chaikin Money Flow (CMF) of STRX continues to rise as the price increases. As of now, the momentum indicator is above the 0 level around 0.11, signaling buying pressure behind the upward trend.

CMF measures the flow of money into or out of an asset over a specific period, helping to assess buying or selling pressure. A positive CMF and rising prices indicate increasing demand, reinforcing the current movement of STRX.

If it continues, STRX could expand its growth phase to $0.388.

STRX Price Analysis | Source: TradingViewHowever, if a sell-off occurs, the price of the token could drop below $ 0.331.

XDB Chain (XDB)

XDB is the native token of the XDB network. The price of this altcoin has skyrocketed 37% over the past seven days, making it a notable RWA asset in July.

At the current time, the blue MACD line ( of the token is above the orange signal line ), confirming the accumulation trend from trader XDB.

The MACD indicator identifies trends and momentum in price movements, helping traders detect potential buy or sell signals through the crossover points between the MACD and the signal line.

In the case of XDB, when the MACD line is above the signal line, bullish momentum is forming and the asset is in an uptrend. This crossover indicates that buying pressure is stronger than selling pressure, which is often considered a signal to hold or enter Long positions.

If buying activity continues, the price of this altcoin may rise to $0.00075.

XDB Price Analysis | Source: TradingViewConversely, if profit-taking occurs, XBD may drop to $0.00063.

Hifi Finance (HIFI)

HIFI is trading around $0.152, up over 40% in the past seven days. On the 1-day chart, HIFI is trading above the 20-day exponential moving average, confirming buying pressure.

The 20-day EMA measures the average price of an asset over the most recent 20 trading days. When the price trades above the 20-day EMA, it signals short-term upward momentum and indicates that buyers are in control of the market.

If this continues, HIFI may extend the rally towards the level of $0.163.

HIFI price analysis | Source: TradingViewHowever, if profit-taking continues, the price of the token may slide below $0.125.

Parcl (PRCL)

PRCL has witnessed impressive price momentum, rising 24% in the past seven days as interest in RWA altcoins continues to grow. This surge in price is accompanied by an increase in daily trading volume, signaling confidence and participation from investors.

In just the past 24 hours, the price of PRCL has surged by 30%, driven by a remarkable 193% increase in trading volume. This indicates that the current growth is supported by strong market demand rather than thin liquidity. This combination signals a healthy and sustainable upward trend for PRCL in the short term.

If the buyers still have control, they can push the price of PRCL up to $0.175.

PRCL Price Analysis | Source: TradingViewHowever, if a sell-off begins, the price could plummet to $0.048.

Vincent