The broader crypto market experienced pullbacks in September as it placed emphasis on trading activities as investors’ sentiment diminished. This slump was reflected in the Real World Assets (RWA) sector, which saw its market capitalization decline by 6% over the 30-day period.
Interestingly, despite the recession, some of the RWA-based tokens have recorded profits, particularly over the past week. With a momentum build, there are three RWA Altcoins worth seeing in October
Centrifuge (CFG)
sponsor
CFG Powers centrifuges centrifuges, a decentralized credit platform that connects real-world assets to distributed finance (DEFI). The price of CFG, which is trading at $0.61 at press, has risen 27% over the past week. This will make it one of the RWA Altcoins this month.
This double-digit gathering is supported by substantial demand, suggesting the potential for further benefits in future sessions. On the daily charts, CFG’s Chaikin Money Flow (CMF) is placed on the zero line at 0.03, maintaining the upward trend.
The CMF measures how money goes in and out of assets. A CMF read above zero reflects net purchasing activity, indicating that more capital is flowing into assets rather than out.
This trend indicates that it strengthens the accumulation of CFG and increased investor trust. If the rally continues, the CFG price could reach $0.409.
About Token TA and Market Updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s daily crypto newsletter.
sponsor
Meanwhile, when bullish momentum weakens, its price loses its current support at $0.3436, dropping to $0.2915.
Tharwa (TRWA)
TRWA has also reversed the recent Market Dip to record a 13% price increase in the past week, becoming another RWA-based token to watch this month.
Altcoin climbing demand is reflected in moving average convergence/divergence (MACD), which suggests further rise in the short term.
sponsor
At the time of this writing, TRWA’s MACD line (blue) exceeds the signal line (orange) during pressing, indicating that the Bulls are gaining strength. The bullish crossover is under the zero line, but suggests that downside momentum may weaken and continued purchasing pressure could lead to a potential reversal of the trend.
In this scenario, the price of the TRWA will gain more strength and the rocket could reach $0.1124.
However, if the Bulls lose their belief and demand a stall, the TRWA price could compromise support at $0.00757, dropping to $0.00165.
Libertum (LBM)
sponsor
LBM’s value has increased by 43% over the past seven days and is currently trading at $0.0177. The increased demand for tokens is indicated by its surged relative strength index (RSI), suggesting the possibility of extended gatherings.
This indicator tracks the market conditions for token acquisitions and overselling, was 64.81 at press, suggesting that purchasing activity outweighs the sale of market participants.
If this trend continues, LBM prices could rise above $0.02268.
Meanwhile, if sales pressure gains momentum, the price of the LBM could drop to $0.01123.
