3 Made in USA Coins to Watch in The Third Week of July
3 made in USA coins, Stellar, Bonk, and Helium are trending upward, but tariff wars and broader market concerns could impact their short-term outlook.
Made in USA coins are showing bullish indicators as the crypto market enters a new cycle. Bitcoin formed a new ATH at 118,869, and the altcoins followed. However, concern could arrive in the form of tariff wars as Trump announced new tariffs on 25 countries, including the European Union.
BeInCrypto has analysed three Made in USA coins that could face some turbulence in the coming days.
Stellar (XLM)
Stellar (XLM) has emerged as one of the top-performing altcoins this week, with a 60% surge, bringing its price to $0.381. The altcoin is gaining significant traction, and the recent price movement signals a strong trend.
XLM is now approaching a Golden Cross, a bullish technical indicator.
The upcoming Golden Cross is expected to drive XLM’s price further upward, potentially reaching $0.412. If the altcoin can hold the $0.355 support level, this could lead to sustained bullish momentum.
XLM Price Analysis. Source:
TradingView
However, if market conditions shift negatively, particularly due to tariff wars or broader economic uncertainty, XLM’s price could face downward pressure.
A fall below $0.355 would likely trigger a decline, with support at $0.332 and $0.313. Such a move would invalidate the current bullish outlook and potentially reset the altcoin’s momentum.
Bonk (BONK)
BONK has gained 18.4% over the last week, reaching $0.00002333. The altcoin is still attempting to secure the $0.00002272 support level, which it has previously failed to hold.
Successfully securing this level would provide the stability needed for the price to maintain its upward momentum.
This recent price rise could attract FOMO-driven inflows, pushing BONK towards the next resistance level of $0.00002496. If the altcoin can secure this resistance, it would solidify recent gains, offering further upward momentum.
BONK Price Analysis. Source:
TradingView
However, investors should monitor broader market trends closely. A failure to hold $0.00002272 as support could result in a price drop to $0.00001996.
This would erase a significant portion of recent gains and invalidate the bullish outlook, signaling a potential shift in market sentiment.
Helium (HNT)
HNT has surged 37% over the past week, becoming one of the top-performing altcoins. The price has reached a monthly high, reclaiming the $3.00 mark.
This rally signals growing momentum, but the key challenge will be maintaining this level amid potential market fluctuations in the coming days.
The increased inflows, as shown by the CMF, suggest that demand for HNT is rising. These positive inflows could help sustain the rally and push the price higher.
If the trend continues, HNT could target resistance levels at $3.38 and $3.63.
HNT Price Analysis. Source:
TradingView
However, if profit-taking accelerates or broader market cues turn bearish, the rally could face a reversal. HNT may struggle to maintain the $3.00 support and could fall back below it.
A drop below $2.75 would likely lead to a decline to $2.41, invalidating the bullish outlook.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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