3 RWA Altcoins to Watch This Week: ONDO Targets $0.90, INJ Eyes $17

Three altcoins; Ondo (ONDO), Algorand (ALGO) and Injective (INJ), are approaching technical price levels that could determine their short-term direction, according to crypto analyst Ali Charts. In a post published on October 11, the analyst identified three real-world asset (RWA) tokens with potential breakout setups, pointing to chart patterns that could open the door to higher prices if key levels hold or resistance breaks.

The three setups differ in their current stages. ONDO has reportedly broken out of a cup-and-handle pattern and retested support, while INJ has completed a similar breakout and is testing its neckline. ALGO, meanwhile, still needs to overcome a resistance level before its bullish scenario can be confirmed.

The analyst’s projections place ONDO’s potential target near $0.90, ALGO’s near $0.19 and INJ’s near $17. These levels are based on technical chart patterns, not confirmed future prices, and each setup could fail if buying momentum weakens or critical support levels break.

ONDO and ALGO Face Different Breakout Tests

ONDO is the first token highlighted in the analysis. Ali Charts says the asset broke out of a cup-and-handle pattern that had been forming since January, followed by a retest of the neckline around $0.46. The level reportedly held as support, suggesting that buyers were defending the former resistance area after the breakout.

If ONDO continues to hold $0.46, the analyst’s chart projection points toward $0.90. That would represent an increase of approximately 96% from the neckline level. However, the setup depends on continued support and sustained buying pressure; a move back below the breakout area could weaken the bullish interpretation.

Algorand presents a different scenario because its price has not yet cleared the resistance identified by the analyst. ALGO is reportedly consolidating within a channel capped near $0.14, making that level the immediate threshold for traders watching the setup.

According to Ali Charts, a daily close above $0.14 could confirm a breakout and bring the $0.19 area into focus. That target is approximately 36% above the stated resistance level. Until a breakout occurs, however, ALGO remains a potential setup rather than a confirmed upward move.

The distinction matters for traders comparing the three tokens. ONDO and INJ are described as testing former breakout levels, whereas ALGO needs to move through resistance first. Each pattern also depends on broader market conditions, trading volume and whether buyers continue to support the price after an initial move.

INJ Eyes $17 After Cup-and-Handle Breakout

Injective is the third token in the analyst’s outlook. Ali Charts says INJ broke out of a cup-and-handle pattern before returning to retest its neckline near $7. If buyers defend that level, the chart pattern projects a possible move toward $17.

A rise from $7 to $17 would amount to approximately 143%, making INJ’s projected percentage gain the largest of the three scenarios outlined in the post. That calculation describes the distance between the identified neckline and target, not the probability of the target being reached.

For INJ, the immediate question is whether the $7 area continues to act as support. A sustained recovery from that level would support the analyst’s breakout interpretation, while a decisive decline below it could undermine the pattern and force traders to reassess the setup.

Across all three tokens, the coming sessions will test whether the chart structures translate into sustained price momentum. ONDO’s $0.46 support, ALGO’s $0.14 resistance and INJ’s $7 neckline are the main levels identified in the analysis, with the respective targets at $0.90, $0.19 and $17.

The setups provide clear price thresholds for market participants to monitor, but they do not establish that a rally is imminent. RWA-related projects also differ significantly in their products, token economics and adoption, so technical similarities should not be mistaken for equivalent fundamentals. Whether these altcoins advance will depend on price action around the identified levels and broader market demand.