Last week ended in the red due to the Black Friday cryptocurrency market crash. The selloff was caused by a flare-up in tariff tensions between the U.S. and China, which wiped out more than $20 billion in leveraged positions.
But amid widespread liquidations and market panic, some U.S.-based assets have shown resilience and are even showing signs of growing investor demand. Here are three Made in USA coins to watch during the third week of October as the market recovers.
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Horizen (ZEN)
ZEN is the native token of Horizen, a privacy-focused blockchain known for its zero-knowledge (ZK) proof infrastructure, which has shown strength despite recent market turmoil. Trading at $14.37 at the time of writing, ZEN’s value has increased nearly 15% since Friday’s crash.
On the daily chart, readings of ZEN’s Moving Average Convergence Divergence (MACD) indicator confirm this new bullish momentum. The MACD line (blue) is currently located above the signal line (orange) and this trend is recognized as a bullish crossover.
The MACD indicator helps traders identify changes in the trend of an asset and the strength of its price movements. When an asset’s MACD line rises above the signal line, it reflects increasing momentum on the buy side and indicates that demand for the asset exceeds selling pressure.
Conversely, a cross below the signal line suggests weakening momentum and a possible price correction.
In the case of ZEN, the current MACD settings mean token buyers are in control, and the upward momentum could continue if trading volumes increase. In this scenario, the price of the token could exceed $15.006.
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On the other hand, if profit-taking intensifies, the price could fall to $13.124.
Basic Attention Token (BAT)
BAT, the utility token behind the Brave Browser, is another Made in USA asset that is gaining renewed interest from traders. The token fell 23% during Friday’s crash, but has since rebounded 63% and is trading at an eight-month high of $0.2102 at the time of writing.
BAT daily chart readings show that this surge has pushed the token’s price above its 20-day exponential moving average (EMA), currently forming dynamic support at $0.1572.
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The 20-day EMA measures the price of an asset over the past 20 business days, giving more weight to recent prices. When an asset trades above this major moving average, it indicates strong bullish momentum and the potential for a sustained upside move.
If this situation continues, BAT price could rise towards $0.2324.
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supra
SUPRA is the native token that powers Supra, the first blockchain built for automated decentralized finance (DeFi). After dropping 10% on Friday, its price has been steadily rising, making it another Made in USA asset to watch this week.
On the daily chart, SUPRA’s Chaikin Money Flow (CMF) is in an uptrend and has broken above the zero line, indicating an increase in capital flows.
The CMF indicator measures how money flows into and out of an asset. When its value rises above the zero line, buying pressure becomes dominant. Conversely, when CMF falls below zero, it indicates increasing capital outflows and selling momentum.
The rise in SUPRA’s CMF indicates a shift to net inflows and enhanced accumulation by traders. If this momentum continues, SUPRA could rally towards $0.002786 in the coming sessions.
However, if profit-taking increases or overall market sentiment weakens, the token could move back toward $0.002130.
