Top Real World Asset Altcoins to Watch in December: AVAX, LINK, ATR, IOTA, and XDC Surge to New Highs

November has been an exciting month for many assets. Several have hit new highs, and Real World Assets (RWAs) are no exception. Some of these assets have reached multi-year peaks, and others seem ready to continue their upward trend.

Let’s take a look at some notable tokens: Avalanche (AVAX), Chainlink (LINK), Artrade (ATR), IOTA (IOTA), and XDC Network (XDC). These tokens have shown impressive growth recently, making them top RWA altcoins to watch in December.

Avalanche (AVAX)
AVAX, the native coin of the Avalanche blockchain, has seen a 20% price increase in the past week. Right now, it’s trading at $42.25.

The Directional Movement Index (DMI) shows a bullish trend for AVAX. The positive directional index (blue line) is above the negative directional index (red line). This indicates that the market is trending upward.

When the positive index is higher, it signals that upward price movements are stronger than downward pressures. This is good news for traders looking to take long positions.

If this trend continues, AVAX could rise to $47.02. If it breaks that resistance, it might even reach $55.10. However, if selling picks up, its price could drop to $35.66.

Chainlink (LINK)
Chainlink, a leading oracle network, is powered by its LINK token. LINK has surged by 24% over the last week, making it another RWA token to keep an eye on. It’s currently trading at $17.98, a level not seen since June.

LINK is trading above the green line of its Super Trend indicator, confirming an upward trend. This indicator shows the overall direction and strength of price movements.

When the Super Trend line is below the price, it indicates that bullish momentum is likely to continue. If this holds, LINK could climb to $19.38. If it breaks through that level, it might reclaim its yearly high of $22.87. On the flip side, if the market turns bearish, LINK could drop to $17.22.

Artrade (ATR)
Artrade is an online marketplace for real-world art pieces. Its native token, ATR, has experienced a remarkable 103% price increase in just the past week.

Recently, ATR’s 50-day Simple Moving Average (SMA) crossed above its 200-day SMA. This is known as a “golden crossover,” a strong bullish signal suggesting upward price momentum. Following this crossover, ATR surged by 38%, reaching a six-month high of $0.032.

A golden crossover indicates that recent price momentum is outpacing the long-term trend. If this trend continues, ATR could rise to $0.042. However, if buying activity slows down, its value might fall to $0.026.

IOTA (IOTA)
IOTA, the native token of the decentralized platform, is another RWA altcoin to watch this December. Currently, it’s priced at $0.22, having pulled back slightly from a seven-month high of $0.25.

Even with this pullback, the bullish sentiment remains strong. The Parabolic Stop and Reverse (SAR) indicator supports this, as its dots are below IOTA’s price. When the dots are below, it signals an uptrend, suggesting that bullish momentum could continue.

If this trend persists, IOTA may rally back to $0.25. If buying pressure decreases, its price could drop to $0.19.

XDC Network (XDC)
The XDC network, powered by its XDC token, is designed for tokenizing real-world assets. XDC has seen a 32% price surge in the past week.

The rising Moving Average Convergence Divergence (MACD) indicates a bullish outlook for XDC. Currently, the MACD line is above its signal line, suggesting strong bullish momentum.

If this trend continues, XDC could rise to $0.063. However, if selling increases, its price might drop to $0.047, impacting this positive outlook.