Made in USA Coin shows bullish metrics as the crypto market enters a new cycle. Bitcoin formed a new ATH at 118,869, followed by Altcoins. However, concerns could arrive in the form of a tariff war as Trump announced new tariffs in 25 countries, including the European Union.
Beincrypto has analyzed three US coins that could face turbulence in the coming days.
Stellar (xlm)
Stellar (XLM) appeared this week as one of the top-performing Altcoins, with a 60% surge in price to $0.381. Altcoin has gained great traction and recent price movements have shown a strong trend.
XLM is now approaching Golden Cross, a bullish technical indicator.
The upcoming Golden Cross is expected to further increase the price of the XLM, potentially reaching $0.412. If Altcoin is able to hold a support level of $0.355, this could lead to bullish momentum.
However, XLM prices can face downward pressure, especially when market conditions change negatively, especially due to tariff wars and broader economic uncertainties.
Below $0.355, there is a high chance that a decrease will be caused, with support being $0.332 and $0.313. Such a move could negate the current bullish outlook and potentially reset Altcoin’s momentum.
bonk (bonk)
Bonk scored 18.4% last week, reaching $0.00002333. Altcoin is trying to secure a support level of $0.00002272, which it previously could not hold.
Proper protection of this level gives you the stability you need to maintain price upward momentum.
This recent price rise could attract FOMO-driven influx, pushing BONK towards the next level of resistance at $0.00002496. If Altcoin can ensure this resistance, it will solidify its recent profits and provide even more upward momentum.
However, investors need to closely monitor broader market trends. The price could drop to $0.00001996 because we were unable to hold $0.00002272 in support.
This erases a significant portion of recent profits, invalidates bullish outlook, and shows potential changes in market sentiment.
Helium (hnt)
HNT has skyrocketed 37% over the past week, becoming one of the top-performing Altcoins. Prices reached monthly highs and regained the $3.00 mark.
The rally shows momentum, but the key challenge is to maintain this level amidst potential market fluctuations over the coming days.
As the CMF shows, the increasing inflow suggests that HNT demand is increasing. These positive influxes help to maintain gatherings and increase prices.
If the trend continues, HNT can target resistance levels at $3.38 and $3.63.
However, if profits are increasing, or the clues from the broader market are weakening, the rally can face a reversal. HNT may struggle to maintain $3.00 in support and may return to below.
A drop below $2.75 is likely to drop to $2.41, negating bullish outlook.
Post 3, made with US coins to watch in the third week of July, first appeared on Beincrypto.
