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The RWA sector is killing it today, with $XLM, $INJ, and $ONDO showing renewed momentum after recent pullbacks. Here’s how each stacks up for potential gains in the short term.
- $XLM: Rebounding from local support at $0.36; eyes 27% upside to $0.52 if uptrend continues.
- $INJ: Testing 20 EMA at $13.10; 22% potential to $16 breakout level and 90% upside if $25 measured move target is hit.
- $ONDO: Bounced from $0.84 support; 30% potential gain to retest $1.20.
The Real World Asset narrative is leading the crypto market today, with RWA tokens showing strong gains across the board. Notably, $XLM, $INJ, and $ONDO—three major RWA plays—have recently completed their pullbacks and are now pushing higher, aiming for the next key resistance levels. Let’s have a look which one is best primed for the biggest gains.
$XLM price prediction
Stellar ($XLM) price recently staged a parabolic rally from a $0.22 low on June 22 to a $0.52 peak on July 18, marking a 140% gain overall and a 56% gain from the double bottom neckline breakout at $0.33. As expected after such a sharp move, a correction followed, with $XLM price briefly dipping to $0.36 level and slipping below the 20-day EMA.
The pullback, however, held above the breakout level ($0.33) of the double bottom, and $XLM price has since reclaimed the 20 EMA. Additionally, the bullish EMA 20 / SMA 50 crossover remains intact.
If the uptrend resumes and a new swing high forms from the current price of $0.41, traders are eyeing a potential 27% gain back to the $0.52 peak. On the downside, $0.36 has been confirmed as strong support, backed by an 8% rebound candle on August 3 that signaled solid buying interest at that level.
$XLM, $INJ, and $ONDO gear up for potential double-digit gains this week - 1"> $INJ price prediction
Injective ($INJ) recently attempted a breakout from an ascending triangle, briefly spiking to $16.35 on July 28 before losing momentum and pulling back inside the pattern. The price dipped below the 20-day EMA and then the 50-day SMA, but found support at the SMA 50, which helped trigger a rebound. $INJ is now trading at $13.10, testing the 20-day EMA once again.
The bullish EMA/SMA crossover remains intact, so $INJ price may soon retest the triangle’s ascending trendline. From the current level of $13.10 to the breakout zone around $16.00, traders are eyeing a 22% potential gain. If a confirmed breakout occurs, the measured move points to a target of $25.00, representing a 90% gain from current levels.
$ONDO price prediction
Ondo Finance ($ONDO) recently attempted a breakout above the double bottom neckline at $1.20 but failed, leading to a sharp drop to $0.84. There, the 50-day SMA provided solid support, helping the price rebound. $ONDO is now trading at $0.92, testing the 20-day EMA.
Similar to $XLM and $INJ, the bullish crossover between the 20 EMA and 50 SMA remains intact. If momentum holds and $ONDO retests the $1.20 level, traders could see a 30% potential gain from current levels. However, the failed breakout has invalidated the original double bottom pattern.
