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3 notable coins Made in USA in the fourth week of July
Last week was an extremely positive week for Made in USA coins, as the U.S. House of Representatives passed a series of important bills regarding cryptocurrency regulation. Most notably, the GENIUS Act was signed into law by President Donald Trump, becoming the first official regulation on cryptocurrency in the country.
As the positive trend continues, this article will analyze 3 Made in USA coins that have the potential for further growth.
Constellation (DAG)
Constellation (DAG) is one of the best-performing tokens this week, increasing by 14% in just the last 24 hours. Currently trading at $0.044, the impressive momentum of DAG indicates that bullish momentum is still ongoing, driven by positive market sentiment. Accordingly, the growth momentum of this token may be further enhanced if the upward trend continues.
The Parabolic SAR indicator is currently below the candles, indicating that the bullish trend of DAG is still in play. As the upward momentum continues, this altcoin has the potential to test the resistance level of $0.045. If it breaks through, it could aim for the mark of $0.052.
Helium (HNT)
Helium (HNT) has surged 23% this week, reaching $3.78 – near the highest level in the past two months. This altcoin is currently facing a significant resistance level at $4.18 – a level it was unable to surpass in May.
If successful in surpassing this threshold, HNT will continue to rise and reach even higher price levels.
The Chaikin Money Flow indicator (CMF) shows that the money flow into HNT is very strong, even stronger than in May. Thus, investor confidence is increasing, which may help HNT break through the resistance level of 4.18 dollars.
If the demand continues to be maintained, HNT can go further and has the potential to reach new price peaks.
If the price falls below this level, the current bullish outlook will be invalidated, signaling the risk of market correction.
Pudgy Penguins (PENGU)
Pudgy Penguins (PENGU) surged 35% this week, reaching a level of $0.03. This "Made in USA" coin is currently only about 40.7% away from its all-time high of (ATH), which is $0.046. For this altcoin to reach that milestone, strong support from investors is needed to continue driving the price up in the short term.
With a stable upward trend in the past few days, PENGU has the potential to target the next resistance level at $0.04. Establishing this level as support will be key to pushing the price closer to the ATH of $0.046 and maintaining the upward momentum seen in recent trading sessions.
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