Bitcoin price is almost at $66,000 and many altcoins have already begun to follow its upward momentum. With bullish price chart indicators prevailing on almost every altcoin alongside Bitcoin (BTC), the promise of a glorious green bullish Q4 seems closer than ever for the crypto market.
Specifically, altcoins like JasmyCoin (JASMY) FET, SHIB, DOGE, SUI, VET and many other popular altcoins have already begun to amass gains of over 10% in under a day. Presently, one altcoin seems to be taking the lead for RWA tokens. This asset is Realio Network’s RIO. The asset set an ATH of $5.12 about 4 years ago.
Analysts expect RIO to hit a higher ATH of $10 or above this bull cycle. Presently, according to CoinMarketCap analytics, the price of RIO is $1.35 meaning the altcoin is up by over 6% is the last day and over 22% over the last week. It also boasts a total market cap of $8,864,900 and a 24-hour trading volume of $8,443,240.
According to this RIO enthusiast, the altcoin can easily set an ATH between $10-$20 this bull cycle. He believes these gains are very much a high possibility as RIO is still sitting below a total market cap of $100 million. Earlier this year, the asset almost pulled a 10x before heading back to a correction phase.
Meanwhile, another RIO enthusiast shares the altcoins price chart and the formation of a massive invested head and shoulders bullish pattern. This once again supports RIO’s bullish trajectory towards setting a new ATH of $10 or above in the coming bull run phase of the ongoing bull cycle.
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