3 Made in USA Coins to Watch in the Third Week of September
Last week saw an uptick in investor sentiment across the crypto market, driving multiple assets to record weekly highs.
This positive momentum is reflected in a roughly 6% increase in the global cryptocurrency market capitalization, signaling renewed bullish momentum among traders and investors. Amid this growing optimism, some made-in-USA digital assets have posted significant gains and appear poised for further upside this week.
Hifi Finance (HIFI)
HIFI, the native token of the decentralized finance (DeFi) protocol Hifi Finance, is one of the made-in-USA coins to watch this week. Following Binance’s announcement to delist it, the token’s value has since skyrocketed.
On September 3, Binance confirmed that it would remove HIFI from its platform on September 17, citing standard delisting protocols.
The announcement was widely expected to trigger a sharp price decline, as investors anticipated reduced liquidity and diminished trading interest. Instead, HIFI has seen a surge, with the token up over 500% in the past week.
The price spike appears to be driven by traders attempting to drive up the token’s value ahead of the delisting, potentially to book last-minute gains.
So, sentiment could shift once HIFI is officially removed from Binance. If profit-taking commences afterward, the token could lose some of its value and fall to $0.2541.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
HIFI Price Analysis. Source: TradingView
However, if demand is sustained, HIFI could climb higher and trade above $0.3775.
PLUME
RWA-based token PLUME is up 48% over the past week, making it another made-in-USA coin to watch this week. As of this writing, the altcoin trades at a three-month high of $0.1381.
PLUME’s price rally is supported by climbing On-Balance Volume (OBV) on the one-day chart, signaling that buying pressure is driving the move.
This momentum indicator, which has maintained a steady uptrend since September 4, has risen by 28% over that period.
This OBV uses volume flow to predict changes in an asset’s price. A rising OBV indicates that buy-side pressure is increasing, and that token’s price may continue to climb. For PLUME, sustained demand could push the token toward $0.1431 in the near term.
PLUME Price Analysis. Source: TradingView
On the other hand, if selling pressure intensifies, PLUME could lose momentum, and the token’s price may decline to $0.1275.
io.net (IO)
IO’s price has soared 36% in the past seven days, making it one of the made-in-USA coins to watch in the third week of September.
The daily chart shows a steady uptick in the token’s Smart Money Index, highlighting the sustained backing of key token holders. As of this writing, this is at 1.65.
An asset’s SMI tracks the activity of experienced or institutional investors by analyzing market behavior during the first and last hours of trading. When it drops, it suggests selling activity from these holders, pointing to expectations of price declines.
Conversely, as with IO, when the indicator rises, it indicates increased buying activity. If demand continues to increase, the token’s price could breach $0.876.
IO Price Analysis. Source: TradingView
On the other hand, if buying pressure flattens, the token’s price could revisit its all-time low of $0.507.
The post 3 Made in USA Coins to Watch in the Third Week of September appeared first on BeInCrypto.