3 Made in USA Coins to Watch After the Weekend Crypto Crash
Last week ended on a purple observe following the Black Friday crypto market crash. This crash, triggered by renewed US–China tariff tensions, worn out over $20 billion in leveraged positions.
However, amid the widespread liquidation and market panic, just a few US-based belongings have been resilient, even displaying indicators of elevated investor demand. Here are three Made-in-USA cash to watch in the third week of October as the market recovers.
Horizen (ZEN)
ZEN, the native token of Horizen, a privacy-focused blockchain identified for its zero-knowledge (ZK) proof infrastructure, is displaying power regardless of the latest market turbulence. Exchanging palms at $14.37 at press time, ZEN’s worth is up practically 15% since Friday’s crash.
On the each day chart, readings from ZEN’s Moving Average Convergence Divergence (MACD) indicator verify this renewed bullish momentum. The MACD line (blue) at present sits above the sign line (orange), a development acknowledged as a bullish crossover.
The MACD indicator helps merchants establish shifts in an asset’s development and the power of its worth motion. When an asset’s MACD line crosses above the sign line, it displays rising buy-side momentum, indicating that demand for the asset is outpacing promoting strain.
Conversely, a cross beneath the sign line suggests weakening momentum and potential for a worth correction.
In ZEN’s case, the present MACD setup implies that the token’s patrons are in management, and the upward momentum might proceed if buying and selling quantity will increase. In this situation, the token’s worth might climb above $15.006.
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Conversely, a pickup in profit-taking might set off a slip to $13.124.
Basic Attention Token (BAT)
BAT, the utility token behind the Brave Browser, is one other Made-in-USA asset drawing renewed curiosity from merchants. While the token dipped by 23% throughout the Friday crash, it has since rebounded by 63% and trades at an eight-month high of $0.2102 at press time.
Readings from BAT’s each day chart present that the surge has pushed the token’s worth above its 20-day Exponential Moving Average (EMA), which at present types dynamic help at $0.1572.
The 20-day EMA measures an asset’s worth over the previous 20 buying and selling days, giving extra weight to latest costs. When an asset trades above this key transferring common, bullish momentum is robust, suggesting the probability of a sustained rally.
If this continues, BAT’s worth might climb towards $0.2324.
SUPRA
SUPRA is the native token that powers Supra, the first blockchain constructed for computerized decentralized finance (DeFi). Following its 10% worth dip on Friday, its worth has steadily climbed, making it one other Made-in-USA asset to watch this week.
On the each day chart, SUPRA’s Chaikin Money Flow (CMF) is trending upward and has damaged above the zero line, signaling elevated capital movement.
The CMF indicator measures how cash flows into and out of an asset. When its worth is above the zero line, shopping for strain dominates. Conversely, when the CMF dips beneath zero, it indicators capital outflows and rising promoting momentum.
SUPRA’s climbing CMF factors to a shift towards web inflows and strengthening accumulation by merchants. If this momentum continues, SUPRA could climb toward $0.002786 in the coming periods.
However, if profit-taking intensifies or total market sentiment weakens, the token might retrace towards $0.002130.
The submit (*3*) appeared first on BeInCrypto.
