December follow-up RWA Tokens: Stellar, Quant, Ondo technical analysis

Source: DigitalToday Original Title: 3 RWA-based tokens to watch in December…Stellar, Quant, and Ontology Original Link:

The real-world asset (RWA) market is showing signs of recovery after a downturn in November and has gained new attention due to stablecoin experiments and strong technical signals. However, market activity remains uneven, with only some tokens showing a clear upward trend.

There are three RWA tokens worth paying attention to in December, each performing differently in terms of strength, recovery potential, and risk.

Stellar (XLM) is a payment-centered blockchain and is one of the few networks actually used by large financial institutions. Although it dropped 18.9% in November, it recently rebounded by 4.9% due to the stablecoin testing by US banks and increased AUDD activity. Technically, the relative strength index (RSI) is rising, and selling pressure is easing. If it breaks through $0.264, it may rise further; conversely, if it falls below $0.239, it may weaken.

Quant (QNT) is currently showing the strongest upward trend among RWA tokens. While most tokens performed poorly in November, Quant rose by 32%, with a sharp increase of 37% within 7 days. Quant features Overledger technology, enhancing interoperability between financial blockchains and responding sensitively to changes in institutional demand. A breakthrough above $119 could lead to further increases, with $100 serving as a major support level.

Ondo (ONDO) has risen by 9.3% in the last 7 days, but has fallen by 25% in the last 30 days. However, Ondo Finance is advancing the tokenization of US stocks and ETFs in Europe, and the market anticipates an increase. The OBV (On-Balance Volume) indicator shows an upward trend, and if it breaks through $0.54, it may rise further. However, if the OBV declines, an adjustment to $0.44 is expected.