$PRCL #PRCL #MarketDownturn #RWA #BMCRYPTO

🔥Real world token to watch in December

As the broader market sentiment improves and trading activity gains momentum, Real World Asset (RWA) altcoins are also witnessing a rally. The notable real-world asset token Parcl (PRCL) has shown significant growth in recent weeks and is one of the top coins to watch in December.

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Parcl is a decentralized real estate trading platform. Its native token has recorded a price increase of 28% in the past seven days. The growing demand for the altcoin is reflected in its rising Relative Strength Index (RSI), which tracks market conditions to determine whether an asset is overbought or oversold.

At the time of writing, the RSI of PRCL is trending up at 60.13. This RSI indicates strong buying activity and shows potential for a prolonged rally.

If the demand for the altcoin is sustained, it will attempt to break above $0.31, the peak it last achieved in June. If buying pressure remains, PRCL will continue to rise towards $0.46, where there is significant resistance.