Five Key Made in USA Cryptos to Watch This Week

Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five important Made in USA cryptos to monitor this week. While IP has been the best performer lately, it is currently undergoing a correction, akin to ONDO, which has dropped over 22% in the past week.

Meanwhile, speculation is increasing that HBAR and LINK might be included in the U.S. strategic crypto reserve, potentially affecting their prices. Key support and resistance levels are nearing, and the upcoming days will determine whether these cryptocurrencies can regain bullish momentum or face more declines.

Hedera (HBAR)

Hedera is among the top 10 largest Made in USA cryptos by market cap, with speculation about its possible inclusion in the U.S. strategic crypto reserve. Despite this, HBAR has struggled, dropping 16.7% as its market cap hovers around $8.8 billion. There are concerns about its ability to regain bullish momentum or if it will continue facing selling pressure.

Price Analysis: If HBAR manages to establish an uptrend, it could test resistance levels at $0.219 and $0.258, potentially rising to $0.287. Conversely, if the price retracement deepens, it may face downside risks, especially if it breaks below the critical support area at $0.179.

Chainlink (LINK)

Chainlink is a leader of the oracle sector and is enhancing its presence in real-world assets (RWA), highlighting its significance in blockchain infrastructure. This key role bolsters the case for its potential inclusion in the U.S. strategic crypto reserve, alongside XRP and Solana.

Price Analysis: A potential strategic inclusion could push LINK towards price resistance at $15.79, with further targets at $17.64 and $19.79 if momentum persists. However, bearish market conditions may see LINK retest support at $13.45, with risks of descending to $13 or lower.

Aptos (APT)

Aptos is recognized as one of the most hyped new layer-1 blockchains, with recent speculations about a potential ETF fueling discussions. Despite this hype, APT has faced challenges, dropping nearly 12% over the last week. The recent downturn raises questions about its ability to regain momentum.

Price Analysis: Should the correction persist, APT might test the support level at $5.34, with risks of dropping as low as $5.04. Alternatively, a rebound could bring APT up to $5.90, with further resistance at $6.49. If bullish momentum returns, gains might extend toward $6.81 or even $7.06.

Ondo Finance (ONDO)

ONDO has experienced a 22% decline in the past week but remains a significant real-world asset (RWA) token with a market cap around $2.8 billion. The recent drop raises questions about its capacity to regain momentum.

Price Analysis: If the downward trend continues, ONDO could test the support level at $0.866, potentially falling to $0.82. On the flip side, a momentum recovery might push ONDO towards resistance at $1.09 and possibly $1.23 with strengthened bullish momentum.

Story (IP)

IP has been a top-performing Made in USA crypto, surging 77% in 30 days, although it has seen a 19% correction recently, with a market capitalization now at $1.27 billion.

Price Analysis: If IP can recover from last month’s strengths, it might climb to $6.96 and test $7.95, possibly exceeding $8 for the first time. However, if the downtrend persists, it could test support at $4.49, with potential further declines to $3.65.