Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching.

While the ADX suggests the trend is weakening, the NUPL indicates that BTC is far from the “Euphoria” zone, reducing the likelihood of strong corrections.

BTC’s Trend Is Losing Steam

Bitcoin ADX, currently at 17.4, reflects a weakening trend compared to its value of 26 just two days ago. The ADX, or Average Directional Index, measures the strength of a trend on a scale of 0 to 100, without indicating its direction. Values above 25 signify a strong trend, while values below 20 indicate weak or no trend.

BTC current ADX suggests that although it is still in an uptrend, the momentum driving it has significantly weakened, signaling potential consolidation or a slowdown in the bullish movement.

Bitcoin NUPL Is Still Far From Euphoria

BTC NUPL, or Net Unrealized Profit/Loss, currently stands at 0.61, placing it in the “Belief — Denial” zone since October 14. NUPL evaluates the ratio of unrealized profits to losses, providing insight into market sentiment.

This level indicates growing bullish confidence as holders remain in profit, reflecting optimism about further price increases.

While at 0.61, BTC’s NUPL is still below the 0.7 threshold, which signals entry into the “Euphoria” zone. Historically, crossing into “Euphoria” often leads to strong corrections as profit-taking accelerates.

This current position allows room for BTC price growth before reaching risky levels, suggesting that the uptrend may continue without immediate overextension.

BTC Price Prediction: Is $100,000 Possible In November?

Following a slight correction in recent days, Bitcoin price is now less than 5% away from reaching the historic milestone of $100,000. The ADX suggests that the current trend is losing strength, which could delay BTC’s approach to this key level.

However, the NUPL indicates that the market is still far from the “Euphoria” zone, suggesting that strong corrections are unlikely at this stage.

If the uptrend regains momentum, BTC price could breach $100,000 and potentially test $105,000 in the near term. Conversely, if a downtrend emerges, the price may fall to $88,000 before making another attempt to push higher.

November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception. Several of them have climbed to multi-year highs, and some appear poised to extend their gains.

Notable tokens such as Avalanche (AVAX), Chainlink (LINK), Artrade (ATR), Ondo (ONDO), and XDC Network (XDC) have shown significant growth in recent weeks, earning their place among the top RWA altcoins to watch in December.

Avalanche (AVAX)

AVAX, the native coin of the layer one blockchain Avalanche, has witnessed a 20% price growth in the past week, making it one of the key RWA-based altcoins to watch in December. As of this writing, the altcoin trades at $42.25. 

AVAX’s Directional Movement Index (DM), assessed on a daily chart, confirms the bullish momentum. As of this writing, the coin’s positive directional index (blue) rests above the negative directional index (red), reflecting the market’s upward trend. 

The DMI indicator determines the strength and direction of a trend. When the positive directional index rests above the negative directional index (red), it signals that the market is in an uptrend, with upward price movement being stronger than downward pressure. This suggests bullish market conditions and is often a signal for traders to consider long positions.

If this trend persists, AVAX’s price will rally toward $47.02. A successful breach of this resistance level will propel the coin’s price to $55.10. On the other hand, if selling activity strengthens, AVAX’s price will fall to $35.66.

Chainlink (LINK)

Leading oracle network Chainlink is powered by its LINK token, whose value has skyrocketed by 24% in the last seven days. This makes it another RWA token to pay attention to in December. LINK currently trades at $17.98, a price level it last reached in June. 

As of this writing, LINK trades above the green line of its Super Trend indicator, confirming the uptrend. This indicator measures the overall direction and strength of an asset’s price trends. 

It appears as a line on the price chart that changes color to reflect the trend direction: red for a downtrend and green for an uptrend. As in LINK’s case, when the Super Trend line appears below the asset’s price, it indicates an uptrend, suggesting bullish momentum is likely to persist.

Should this hold, LINK’s value will climb to $19.38. A successful breach of this level will set LINK on course to reclaim its year-to-date high of $22.87. However, if market sentiment turns bearish, LINK’s price may fall to $17.22.

Artrade (ATR)

Artrade is an online marketplace for real-world art pieces. Its native token, ATR has recorded a 103% price growth in the past seven days. 

On its daily chart, ATR’s 50-day Simple Moving Average (SMA) crossed above its 200-day SMA on November 23, triggering what is known as a “golden crossover”—a strong bullish signal suggesting upward price momentum. Following the crossover, ATR’s price has surged by 38%, reaching a six-month high of $0.032 at press time.

When a golden crossover is formed, the asset’s recent price momentum (over the past 50 days) is moving faster than its long-term trend (over the past 200 days). This pattern confirms a shift from a downtrend to an uptrend and hints at further price appreciation.

If this trend is maintained, ATR’s price will rally toward $0.042. Conversely, its value will drop to $0.026 if buying activity wanes. 

IOTA (IOTA)

IOTA, the native token of the decentralized, open-source distributed ledger platform IOTA, is one of RWA altcoins to watch closely this December. Currently trading at $0.22, the altcoin has pulled back slightly from its seven-month high of $0.25 reached during Monday’s trading session.

Despite the pullback from this price high, the bullish bias toward the altcoin remains strong. The setup of its Parabolic Stop and Reverse (SAR) indicator confirms this. As of this writing, the dots of this indicator rest below IOTA’s price. 

This indicator helps identify potential price trends by placing dots above or below the price. When the dots rest below the price, it signals an uptrend, suggesting that bullish momentum is in play and may continue.

If this trend continues, IOTA will rally toward $0.25 and attempt to breach it. On the other hand, a decline in buying pressure will cause IOTA’s price to drop to $0.19. 

XDC Network (XDC)

Powered by its XDC token, the XDC network is an enterprise-grade blockchain platform for tokenizing real-world assets and financial instruments. XDC is one of the RWA altcoins to watch in December, having witnessed a 32% price surge in the past week. 

The token’s rising moving average convergence divergence (MACD) confirms the bullish bias towards it. As of this writing, the token’s MACD line (line) rests above its signal line (orange).

The MACD indicator identifies changes in an asset’s price trend’s strength and direction. When the MACD line is above the signal line, it indicates bullish momentum, suggesting the potential for further price gains as the short-term trend strengthens over the longer-term trend.

XDC’s price will rally toward $0.063 if this trend is maintained. On the other hand, if the token selloff spikes, XDC’s price may drop to $0.047, invading this bullish outlook.

OORT (OORT), a cryptocurrency rooted in Artificial Intelligence (AI), has seen its price surge 85% over the past week. This jump followed a post by former Binance CEO Changpeng Zhao, who highlighted AI’s potential impact within the BNB Greenfield ecosystem.

Following the altcoin’s reaction, sentiment around it has turned bullish. But why did this happen, and will OORT price continue to rise? This analysis reveals all there is to know about it.

OORT Rises After CZ Speaks on AI in BNB Greenfield

On November 27, Zhao, popularly known as CZ, posted on X (formerly Twitter). He noted that AI should often be used on-chain. In the post, CZ noted that this could foster low transaction costs globally while offering the BNB Greenfield for data storage during the process.

“AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low-cost labor globally without geographic bias, (micro) pay them instantly in crypto. BNB Chain Greenfield provides the storage capacity. More tooling still needs to be built. Let’s build them,” Zhao wrote.

Minutes after development, the price of AI coin OORT  skyrocketed from $0.10 to $0.85. For context, OORT is the native token of a decentralized AI technology project that partnered with BNB Greenfield as a storage provider earlier this year in March

This dramatic price surge may be tied to OORT’s integration with the BNB Greenfield, a decentralized storage platform hosted on the BNB Chain. Beyond the price hike, the development drove the AI-themed altcoin’s volume to $13 million, signifying increased interest in it.

However, as of this writing, the price has dropped to $0.15 while the volume has also decreased to $7.05 million.

OORT Price Prediction: Rebound to $0.20 Possible

The daily OORT/USD chart reveals that the Bull Bear Power (BBP) has moved into positive territory, indicating that buyers (bulls) currently hold the upper hand over sellers (bears). 

When BBP is negative, bears dominate, often leading to price declines. However, in this case, the bulls’ strength suggests a potential rebound in OORT’s price, with data also suggesting that it could correlate strongly with BNB’s price.

If buying pressure persists, the Fibonacci retracement indicator suggests that the altcoin could climb to $0.20. Conversely, if interest in the AI coin wanes, the price may decline to $0.11. Instead, the value could drop to $0.11.