Bitcoin

3 Made In USA Coins to Watch for the Second Week of August

US IPC data that should be published this week will be a key moment for the cryptography market, as it could have an impact on tokens for good or for worse. Some crypto tokens who noted bullshit last week could stay afloat or even continue to rally.

In accordance with this, Beincrypto analyzed three pieces made in USA for investors to monitor.

Batteries (STX)

STX PRICE increased by 11.5% in last week, signaling a sluggish passage to Haussier. Although the rally has not been dramatic, the parabolic SAR indicator is currently seated under candlesticks, showing an upward trend.

This change indicates that Altcoin can prepare for an additional upward movement.

The bullish momentum could help STX exceed the level of resistance of $ 0.778, potentially reaching the next resistance at $ 0.847. This would mark a summit of several weeks and would strengthen the case for more in -depth growth.

A successful break above this resistance could lead to an increase in the purchase pressure and continued the movement upwards.

Do you want more symbolic information like this? Register for the publisher Daily Crypto newsletter Harsh Notariya here.

3 Made In USA Coins to Watch for the Second Week of August
Stx price analysis. Source: tradingView

However, if Stx fails to violate the resistance of 0.778, it can face a pressure downwards. A break below the support level of $ 0.740 could report a reversal, with STX falling to $ 0.691.

Such a decision would invalidate current upper prospects, signaling a potential price drop.

Aerodrome finance (aero)

Aero Price increased by 51% in last week, currently negotiating at $ 1.17. Altcoin faces resistance at $ 1.21, a level that he has not yet broken.

A successful rupture above this resistance could point out a continuous rise in the continuous increase, but the market remains cautious at this key level.

The exponential mobile averages (EMAS) formed a golden cross towards the end of July, signaling a bullish momentum. This technical model could lead Aero beyond the resistance of $ 1.21, aimed at $ 1.35.

Analysis of aerodynamic prices.
Analysis of aerodynamic prices. Source: tradingView

However, if Aero fails to cross $ 1.21, Altcoin could decrease. Not violating this resistance could reduce the price to $ 1.00, erasing recent gains.

Such a decision would invalidate current upward perspectives, signaling a potential inversion in the price direction.

Lumia (Lumia)

Lumia posted a 28% increase in the last seven days, going from $ 0.288 to $ 0.369. Altcoin has become one of the most efficient parts of American parts, attracting the attention of investors.

This recent increase indicates a strong market interest and more in -depth growth potential in the short term.

Currently, Lumia faces resistance at $ 0.370. Ichimoku’s cloud shows an upward impulse winning strength, which could be essential to unravel this barrier.

If Lumia can exceed $ 0.370, it could target the next resistance at $ 0.385, continuing its upward trend and maintain a positive dynamic.

Lumia price analysis.
Lumia price analysis. Source: tradingView

However, if the report on the American consumer price index (ICC) is disappointing, the Lumia price can face downward pressure. Failure to comply with $ 0.370 could drop to $ 0.346 or less, erase recent gains. Such a change would invalidate the upward thesis, signaling a possible market correction.

The post 3 made in USA corners to monitor the second week of August appeared first on Beincrypto.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button