Don't Miss These: These 5 RWA Altcoins Will Break Records in November

As reported by Kriptokoin.com, there is a positive atmosphere in the crypto market. Investors are showing special interest in RWA-based tokens among the altcoins to be considered in November. Specifically, 5 altcoins gained significant momentum during this period. Here are the 5 altcoins that analysts expect to rise in November.

The First Coin on the List: Maple (MPL)

MPL, the native token of Maple Finance, drew attention last week with a 39% increase. The token is currently trading at $24.85. This level stands out as the highest point reached by the token since April. In recent days, the price has risen above the 20-day exponential moving average (EMA) and the 50-day simple moving average (SMA), giving positive signals to investors.

Exceeding these averages signals a short and medium-term rise. If the current buying pressure continues, it is expected that MPL will reach $30. However, in the event of profit-taking, the altcoin price will pull back to $19.73.

Clearpool (CPOOL)

Clearpool operates as a decentralized capital market platform. Additionally, CPOOL token has gained attention by showing a 32% increase in the last week. The Aroon indicator suggests that CPOOL is in a strong uptrend. However, the current price of the altcoin project is at $0.22.

If this upward trend continues, the CPOOL price will test the critical resistance point of $0.25. If it surpasses this level, it will gain momentum towards the annual peak of $0.37.

Altcoin in 3rd Place on the List: Parcl (PRCL)

Parcl, a platform focusing on decentralized real estate trading and its native token PRCL, attracted investor interest by gaining 28% in the last seven days. The increasing demand for PRCL is supported by the rise in the Relative Strength Index (RSI) value. Additionally, the RSI level is currently at 60.13.

If the buying demand continues, the price of PRCL will try to exceed $0.31. If it stays above this level, it will reach the resistance level of $0.46. However, if the selling pressure increases, the price will pull back to $0.11.

Chintai (CHEX)

Chintai Network's token CHEX rose 22% to $0.30 last month. Additionally, the MACD indicator suggests that CHEX's upward trend may continue. However, when the MACD line is above the signal line, it is generally considered a signal for altcoin growth by investors.

If this upward momentum is maintained, CHEX price will aim to rise to $0.42, which is the peak within the year. However, if market sentiment reverses, there is also a risk of price falling back to $0.14.

Last Altcoin on the List: LABS Group (LABS)

LABS Group stands out among the RWA tokens in November as a platform that converts real estate assets into digital shares. LABS token, which has gained 14% in the last week, gives hope to investors. The Balance of Power (BoP) indicator is at 0.48 level, indicating that buyers are strong.

If this strong buying demand continues, the price of LABS token will also rise.

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