3 American Crypto Projects Showing Strength in a Shaken Market
The post 3 American Crypto Projects Showing Strength in a Shaken Market appeared on BitcoinEthereumNews.com.
Last week ended on a red note following the Black Friday crypto market crash. This crash, triggered by renewed US–China tariff tensions, wiped out over $20 billion in leveraged positions. However, amid the widespread liquidation and market panic, a few US-based assets have been resilient, even showing signs of increased investor demand. Here are three Made-in-USA coins to watch in the third week of October as the market recovers. Sponsored Horizen (ZEN) ZEN, the native token of Horizen, a privacy-focused blockchain known for its zero-knowledge (ZK) proof infrastructure, is showing strength despite the recent market turbulence. Exchanging hands at $14.37 at press time, ZEN’s value is up nearly 15% since Friday’s crash. On the daily chart, readings from ZEN’s Moving Average Convergence Divergence (MACD) indicator confirm this renewed bullish momentum. The MACD line (blue) currently sits above the signal line (orange), a trend recognized as a bullish crossover. The MACD indicator helps traders identify shifts in an asset’s trend and the strength of its price movement. When an asset’s MACD line crosses above the signal line, it reflects rising buy-side momentum, indicating that demand for the asset is outpacing selling pressure. Conversely, a cross below the signal line suggests weakening momentum and potential for a price correction. In ZEN’s case, the current MACD setup implies that the token’s buyers are in control, and the upward momentum could continue if trading volume increases. In this scenario, the token’s price could climb above $15.006. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Sponsored ZEN Price Analysis. Source: TradingView Conversely, a pickup in profit-taking could trigger a slip to $13.124. Basic Attention Token (BAT) BAT, the utility token behind the Brave Browser, is another Made-in-USA asset drawing renewed interest from…
