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.

November was marked by Bitcoin reaching a new all-time high, with other coins like Solana and SUI following its lead. Although the altcoins season may not be here yet, as BTC continues to dominate the charts, projects like Virtual Protocol (VIRTUAL), Pyth Network (PYTH), and Raydium (RAY) are showcasing impressive growth.

VIRTUAL has surged 71.29% in the last seven days, driven by the narrative about artificial intelligence coins. Meanwhile, PYTH and RAY are capitalizing on ecosystem dominance and utility, with both tokens gaining significant traction and highlighting the expanding potential of DeFi and blockchain technology.

Virtual Protocol (VIRTUAL)

Recently achieving a new all-time high, VIRTUAL broke past the $1 billion market cap and solidified its position as a rising star in the artificial intelligence altcoins narrative.

The coin has surged 161.75% in the past month, driven by growing interest in AI-focused blockchain projects. As the AI coin narrative continues to gain traction, VIRTUAL’s momentum suggests there could still be significant upside potential.

This recent surge has propelled VIRTUAL to become the fifth-largest AI coin by market cap. It now ranks behind RENDER, TAO, FET, and WLD while surpassing AKT.

Pyth Network (PYTH)

Pyth (PYTH), the native token of Pyth Network, has risen 27.14% over the past 30 days, reflecting renewed interest in the blockchain oracle for market data. While PYTH reached an all-time high of $1.15 on March 16, 2024, its price remains roughly 60% below that level.

The network’s TVL has grown to $520 million from $408 million last month. That shows progress but is still far below its record $1.37 billion in March.

If PYTH maintains its current momentum, it could break through the $0.49 resistance and test $0.55 or even $0.60 in the near term. Its oracle business could also be positively impacted by altcoins season.

Raydium (RAY)

Raydium (RAY) has emerged as the most dominant decentralized exchange globally, surpassing platforms like Uniswap and PancakeSwap in fees generated.

Over the past 30 days, Raydium has brought in over $200 million in fees, outperforming major projects like Jito, Solana, Ethereum, Circle, and Uniswap, second only to Tether. Raydium could continue growing as meme coins become more relevant in the crypto ecosystem.

RAY is currently up 61.40% in the past month and an astounding 1,345.81% in the past year, though it remains 67.87% below its all-time high from 2021.

Given Raydium’s dominance and rapid growth, the token’s recent performance could signal the beginning of an even stronger upward trajectory as altcoins season is just getting started.