Real-world asset markets are recovering after a slow November, with renewed interest emerging from stablecoin experimentation and strong technology setups. Activity across sectors remains uneven, but some charts are set up more cleanly than others.
Among the major RWA tokens to watch, three stand out as we approach December. Each presents a different combination of strength, recovery potential, and risk.
Stella (XLM)
Among the major RWA tokens to watch in December, Stellar (XLM) stands out as the payment preferred chain actually used by large financial companies.
Sponsored Sponsored
November continued to be rough, with XLM down around 18.9%, but it is up 4.9% over the past seven days as US Bank’s stablecoin test and increased AUDD activity brought new attention to the network.
On the chart, Stella is quietly poised for a reversal. Between November 4 and November 21, prices reached even lower lows. However, the relative strength index (RSI) formed an even lower value.
Since the RSI measures momentum on a scale of 0 to 100, this “falling price, rising RSI” pattern, a standard bullish deviation, often suggests that selling pressure is waning behind the scenes.
Although the pullback started immediately after this signal, XLM remains trapped in a narrow range between $0.253 and $0.264. A daily close above $0.264 will be the first sign that the bulls have regained control.
If that happens, the next area of upside to watch would be $0.275, or $0.324 if the overall market improves.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Rather, if XLM price falls below $0.239, the bullish setup could weaken and the move could extend to $0.217, potentially delaying the RWA-led recovery story.
Sponsored Sponsored
Quant (QNT)
Quant is a clear outlier among currently notable RWA tokens. While most real-world asset plays struggled through November, QNT went in the opposite direction. It’s up about 32% this month and about 37% over the past seven days. In the past 24 hours alone, the token has increased by another 12%, making it one of the strongest charts in this segment.
Quant is at the center of the ‘financial interoperability’ story. Because its Overledger technology connects private and public blockchains, it often responds faster than other RWA coins when demand from institutional investors increases.
On the charts, momentum is still building. QNT is nearing the formation of a bullish EMA (exponential moving average) crossover on the daily chart, with the 20-day EMA about to rise above the 50-day EMA.
This setting often indicates that the buyer is in control. Once the crossover is complete, Quanto (QNT) could have room for an even stronger push.
The EMA (exponential moving average) is a trend line that puts more weight on recent prices, allowing traders to see short-term momentum more clearly.
The first level to complete costs $119. This level coincides with the 1.618 Fibonacci extension. If buyers remain aggressive, even $142 could become the next major resistance level.
Sponsored Sponsored
On the downside, the first support to look at is $100. Losing that level could send QNT back to $91 and $87. The broader bullish structure will only break if the token falls below $82. This is the point at which the current uptrend becomes irrelevant.
So far, Quant is the most resilient name in this RWA group and has the strongest momentum heading into December.
ONDO
Ondo occupies an interesting place in the list of major RWA tokens. The stock is up 9.3% in the past seven days, but is down 25% in the past 30 days, making it one of the worst performers.
Interest in the token increased this week after a post highlighted Ondo Finance’s potential expansion of tokenized US stocks and ETFs across Europe.
If this direction holds, Ondo’s role in the broader RWA field is likely to become even more important. And it can also affect price trends.
Sponsored Sponsored
That uncertainty is reflected in the chart. While Ondo has recorded a steady recovery since November 21, a more significant development is evident in the OBV line.
OBV (on-balance volume) measures whether buy volume is stronger than sell volume over time. Ondo’s OBV has broken above the downtrend line that has been in place since early November.
This breakout occurred while the price has been stuck between $0.50 and $0.54 since November 27, suggesting that accumulation may be forming below the surface.
For an upward move, the first step is a clean close above $0.54. This level is about 6% above current prices. Clearing this could pave the way towards $0.60, and a firmer market could push ONDO price towards $0.70.
If the OBV fails to stay above the breakout line and returns below it, the move is a fakeout. In that case, there is a high chance of losing $0.50 and the next important support will be around $0.44.
Among RWA tokens, ONDO has the most balanced setup. The structure is such that it will rise if accumulation continues, but if OBV weakens again, there is a possibility that it will break out of the same range at a lower price.
