Real-world asset (RWA) altcoins have gained momentum in the cryptocurrency market, offering investors promising opportunities for long-term gains.
These digital assets provide exposure to tokenized physical assets such as real estate, commodities, and financial instruments, making them valuable in a growing decentralized economy.
Several RWA-focused altcoins, especially Chainlink (LINK), Ondo (ONDO), MANTRA (OM), Pendle (PENDLE), and Maker (MKR), have shown strong potential. Their market activity suggests significant price movements as we approach 2025.
Chainlink (LINK) Price Analysis: Recovery in Sight?
Chainlink (LINK) is currently trading at $16.60, down 8.14% in the last 24 hours. The price recently dropped from a high of $18.08 before reversing downward. Resistance is evident in the $18.00–$18.10 zone, while support appears around $16.50–$16.60.
Source: CoinMarketCap
If the downtrend persists, $16.00 could serve as the next critical level. Despite the decline, 24-hour trading volume surged by 14.93%, signaling increased market activity.
If LINK maintains support above $16.50, a potential rebound toward $17.25–$17.50 is possible, with resistance at $18.00. However, a break below $16.50 may lead to further downside, potentially testing $16.00 or $15.50.
Related: Altcoin Watchlist: SUI, INJ, LINK, ONDO, OM – Which Will Lead the Crypto Bull Run Starting Next Week?
Ondo (ONDO) Price Analysis: Resistance Looms
Ondo (ONDO) is trading at $1.08, experiencing a 5.60% drop in the past 24 hours. The price faced rejection at the $1.14–$1.15 resistance zone, struggling to maintain momentum. Support has formed near $1.07–$1.08, but further selling pressure could push ONDO toward $1.05 or even $1.00, a psychological level.
Source: CoinMarketCap
Interestingly, 24-hour trading volume decreased by 9.90%, suggesting cautious market sentiment. If ONDO stabilizes above $1.07, a recovery toward $1.10–$1.12 remains possible, but overcoming $1.14–$1.15 remains a challenge.
MANTRA (OM) Price Analysis: Consolidation and Trader Interest
MANTRA (OM) is trading at $8.44, down 2.42% over the last 24 hours. The price remains in a consolidation phase, with resistance at $8.65–$8.70 and short-term support at $8.30–$8.35.
Source: CoinMarketCap
A drop below $8.30 could push OM toward $8.00, a critical support level. Notably, trading volume surged by 41.98%, indicating heightened interest among traders. If OM holds above $8.35, a potential rebound toward $8.50–$8.65 is possible, with $8.70–$8.80 acting as the next resistance zone. However, breaking below $8.30 may trigger a decline toward $8.00.
Pendle (PENDLE) Price Analysis: Downtrend Pressure
Pendle (PENDLE) is trading at $3.19, a 9.62% decline. The price has faced resistance at $3.50–$3.53, with immediate support at $3.15–$3.20. If the bearish trend persists, the next key support level is $3.00, followed by $2.85–$2.90.
Source: CoinMarketCap
Despite the price decline, trading volume remains steady, rising by 0.56%, indicating ongoing market participation. If PENDLE holds above $3.15, a recovery toward $3.30–$3.40 could emerge. However, a break below $3.15 may lead to further downside, testing $3.00 and potentially $2.85.
Maker (MKR) Struggles Below Key Resistance Levels
Maker (MKR) is trading at $1,457.76, a 7.62% decline in the last 24 hours. The price dropped from a daily high of $1,577.9, facing resistance at $1,550–$1,580. Support has formed around $1,450–$1,460, but if selling pressure persists, MKR could test $1,400.
Source: CoinMarketCap
Further downside may lead to $1,350, a significant historical support level. Trading volume increased by 10.32%, suggesting heightened activity, possibly from dip buyers.
Related: Altcoin Market Movers: HBAR, SUI, SOL, LINK, ONDO See Gains
If MKR holds above $1,450, a recovery toward $1,500–$1,550 remains possible, with $1,580 as a key resistance level. However, breaking below $1,450 may push the price toward $1,400 or lower.
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