Last week witnessed a significant downturn in the cryptocurrency market, ending on a challenging note attributed to the Black Friday crypto market crash. This downturn, sparked by renewed tariff tensions between the US and China, resulted in the liquidation of over $20 billion in leveraged positions. Despite the panic sweeping through the market, a few US-based cryptocurrencies have demonstrated resilience, showing signs of increased investor interest. Here are three notable Made-in-USA coins to monitor as the market seeks to recover.
Horizen (ZEN)
ZEN, the native token of Horizen, a blockchain network prioritizing privacy through zero-knowledge proof infrastructure, has remained strong amidst recent market fluctuations. Currently trading at $14.37, ZEN’s value has risen nearly 15% since the crash. Analyzing the daily chart, the Moving Average Convergence Divergence (MACD) indicator presents a bullish momentum, with the MACD line positioned above the signal line. This crossover suggests that buyers are gaining control over the price movement, indicating potential for continued upward momentum if trading volume increases. Should this trend hold, ZEN could rise above the $15.006 mark, although profit-taking could also lead to a dip to $13.124.
Basic Attention Token (BAT)
The Basic Attention Token, associated with the Brave Browser, has attracted renewed attention in the wake of the crash. Although it initially suffered a downturn of 23% during the market sell-off, BAT has since rebounded impressively, climbing 63% to trade at an eight-month high of $0.2102. The daily chart indicates that this surge has pushed BAT’s price above its 20-day Exponential Moving Average (EMA), which currently acts as dynamic support at $0.1572. Trading above this key moving average suggests a strong bullish momentum, potentially setting the stage for a rally toward $0.2324.
SUPRA
SUPRA, the token that powers the first blockchain aimed at automatic decentralized finance (DeFi), also presents an intriguing case for investors. Following a 10% dip on Friday, SUPRA has exhibited a steady recovery. The daily chart analysis shows that the Chaikin Money Flow (CMF) indicator is on an upward trend, having broken above the zero line. This indicates a favorable capital flow toward the token, as values above the zero line reflect dominant buying pressure. If this trend continues, SUPRA could reach approximately $0.002786 in the upcoming sessions. However, if profit-taking escalates or overall market sentiment deteriorates, a retreat toward $0.002130 could occur.
As the market adjusts and recovers from the recent crash, these US-based cryptocurrencies—Horizen, Basic Attention Token, and SUPRA—are worth watching for both short-term traders and long-term investors.
