RWA Tokens XLM INJ ONDO Rebound With Potential Double-Digit Gains

XLM, INJ, and ONDO are among the top performers in the RWA sector this week, having rebounded from recent pullbacks and showing renewed bullish momentum. Traders and analysts are closely watching these tokens for potential short-term gains, as each appears to be retesting key technical levels with favorable setups. XLM has regained control above its $0.36 support and is currently trading near $0.41. The price is positioned to potentially rise 27% back to its $0.52 peak if the uptrend continues. This follows a sharp 140% rally from $0.22 in late June to $0.52 in early July, followed by a correction into late July. Crucially, the price held above the $0.33 level, and the EMA 20/SMA 50 crossover remains bullish, reinforcing the likelihood of a sustained recovery [1].

INJ is currently testing the 20-day EMA at $13.10 after a failed breakout from an ascending triangle pattern that previously pushed the price to $16.35. A successful retest of the $16.00 level could offer a 22% gain for traders. If a confirmed breakout occurs, the measured move target suggests a potential rise to $25.00, representing a 90% gain from current levels. The EMA/SMA crossover remains intact, indicating a possible retest of the triangle’s trendline in the near term [1].

ONDO has rebounded from its key support at $0.84, currently trading at $0.92. The token is showing signs of regaining momentum, with a potential 30% gain achievable if it retests the $1.20 level. While the earlier attempt to break above the double bottom neckline failed, the 50-day SMA has acted as a strong support, and the EMA 20/SMA 50 crossover remains bullish. This suggests that ONDO could still see a meaningful rebound if buyers continue to show strength [1].

The broader RWA narrative has been a key driver in the crypto market, with XLM, INJ, and ONDO leading the sector’s performance. After completing their recent pullbacks, all three tokens are now positioned to challenge key resistance levels. Analysts note that while the market remains volatile, the technical setups for these tokens appear favorable, offering potential double-digit gains in the short term [1].

Source: [1] RWA plays XLM, INJ, and ONDO gear up for potential double-digit gains this week (https://crypto.news/rwa-plays-xlm-inj-and-ondo-gear-up-for-potential-double-digit-gains-this-week/)