The RWA sector makes a strong comeback! The pullbacks of XLM, INJ, and ONDO have ended and are gearing up for an offensive. Who will lead the rise?

Real-world assets ( RWA ) narrative dominates the crypto assets market today, with track tokens strengthening across the board. Leading varieties XLM, INJ, ONDO have regained upward momentum after completing technical pullbacks and are currently testing key resistance levels. On-chain data shows: XLM successfully defended the $0.33 double bottom neckline and reclaimed the 20-day moving average ( EMA20), with a short-term target of $0.52 ( and a potential rise of 27% ); INJ returned to $13.1 after receiving support at the 50-day moving average ( SMA50), and if it breaks through the $16 ascending triangle resistance, it will open up a 90% rise space; ONDO, although the double bottom pattern has failed, rebounded to $0.92 after receiving strong support at $0.84 from SMA50, and if it can reclaim the key level of $1.20, there is still 30% upside potential. The three major RWA targets maintain an EMA20/SMA50 golden cross pattern long positions structure, but the risk of failure to break through should be noted.

( One ) XLM Trend Analysis: Double Bottom Neckline Support is Solid, Volume is Building to Challenge Previous Highs

(Source: TradingView)

  • Recent Performance: Stellar coin (XLM) launched a parabolic rise from a low of $0.22 on June 22, reaching a peak of $0.52 on July 18, achieving a 140% phase rise (after breaking the $0.33 double bottom neck line, the rise reached 56%).
  • Pullback Verification: The technical pullback briefly fell below the EMA20 to $0.36, but accurately maintained the double bottom neckline breakout level (0.33 USD ).
  • Current Pattern: The current price of $0.41 has successfully recovered the EMA20, and the EMA20/SMA50 golden cross pattern remains intact. On August 3rd, a single-day 8% rebound candlestick appeared at the support level of $0.36, confirming strong buying interest at this level.
  • Target Path: If the upward trend continues and breaks through the current fluctuation range, the short-term target is to test the previous high of $0.52 (potential rise of 27%). The level of $0.36 below constitutes the dividing line between long positions and short positions.

( Two ) INJ Technical Outlook: Ascending Triangle Brewing Breakthrough, Potential Space Up to 90%

(Source: TradingView)

  • Breakout Attempt: Injective(INJ) on July 28 attempted to break through the rising triangle pattern by reaching 16.35 USD, but encountered resistance and fell back inside the pattern.
  • Support Confirmation: During the price pullback, it broke below the EMA20 but is currently forming a dynamic support line at SMA50(, receiving strong buying support. The current price is $13.10, testing the EMA20 resistance for the second time.
  • Structural Advantage: Maintains the bullish signal of EMA20/SMA50 golden cross pattern, currently building momentum to challenge the upper trend line of the triangle formation.
  • Target Calculation: After breaking the current resistance at $13.10, the first target looks at the breakout zone of $16 (an increase of 22%). If a valid breakout is confirmed, the measured target based on the pattern points to $25 (a potential increase of 90% from the current price).

) three ( ONDO trading opportunity: pattern invalidated but moving average support valid, rebound space 30%

![])https://img.gateio.im/social/moments-87a9b3933a-8165a016a4-153d09-1c6801(

(Source: TradingView)

  • Pattern Change: Ondo Finance)ONDO( previously attempted to break through the $1.20 double bottom neckline but failed, leading to a sharp drop to $0.84, causing the original double bottom pattern to become invalid.
  • Key Support: The SMA50 shows strong defensive capabilities during the pullback, helping to push the price to the current $0.92 (currently testing the EMA20 resistance).
  • Technical Foundation: Still maintains the EMA20/SMA50 golden cross pattern, providing technical support.
  • Opportunities and Risks: If the rebound momentum can continue and recover the key level of $1.20, there is a 30% upward space. However, due to the invalidation of the pattern, a breakthrough of $1.20 is necessary to confirm a trend reversal; otherwise, it remains in a volatile pattern.

Conclusion: The collective recovery of the RWA sector today indicates an acceleration in market narrative rotation. XLM presents a high certainty rebound opportunity based on the classic double bottom structure; INJ's ascending triangle pattern is brewing major breakout potential; although ONDO's technical pattern is damaged, the moving average system support is significant. Traders should focus on the breakthrough of the EMA20 resistance for all three, with a breakout accompanied by increased volume seen as a short-term entry signal. Strict stop-loss settings are required (XLM<0.36, INJ

RWA7.74%
XLM4.81%
INJ3.86%
ONDO2.41%
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