Allo’s Technical Rebound Signals Momentum Shift Amid RWA Sector Strength

In a market still grappling with broader headwinds, Allo has shown a promising rebound — posting a 1.68% 24-hour price rise that suggests renewed investor interest. This short-term surge appears to be more than just a statistical blip. It aligns with a broader rally in the real-world asset (RWA) tokenization sector, which is gaining traction due to recent regulatory developments and a wave of institutional adoption.
Much of this sector-wide optimism can be traced back to the recent passage of the GENIUS Act in the United States, which provides clearer regulatory guidance for digital assets, including tokenized representations of off-chain assets like real estate, invoices, and equities. This clarity has lowered entry barriers for institutional players, paving the way for platforms like Allo to become foundational layers in the emerging RWA economy.
From a technical standpoint, Allo’s price action is painting a more encouraging picture than in previous weeks. The MACD has turned bullish, with the histogram flipping into positive territory (+0.000098), a classic signal that momentum may be shifting upward. Prior to this, Allo had seen extended periods of decline, with prices stagnating and investor confidence waning. The current MACD crossover is the first such occurrence since the last major rally, providing some validation to the idea that the worst might be over in the short term.
The RSI (Relative Strength Index) also supports this narrative. Climbing to 42.55 from deeply oversold levels, it signals that Allo is regaining buyer interest without yet entering overheated territory. This places the asset in a favorable technical position for those looking for entry points ahead of potential breakouts.
Furthermore, Allo’s price has now reclaimed the 7-day simple moving average (SMA) at $0.00356 — a key psychological and algorithmic trigger for swing traders. With the next major resistance sitting at the 38.2% Fibonacci retracement level ($0.00476), the setup favors a continued upward move provided broader market sentiment does not deteriorate.
The resurgence in trading volume and visibility — fueled by recent listings on Bitget and Gate.io — has also contributed to the improving sentiment. Combined with a growing user base that now exceeds 50,000, the fundamentals appear to be slowly aligning with the technicals.
In summary, Allo’s modest yet meaningful 24-hour gain should be interpreted as part of a broader narrative — one that includes sectoral strength, improving technical posture, and growing platform traction. While macro conditions remain uncertain, Allo’s rebound may mark the beginning of a new phase in its price trajectory.