As volatility climbs and uncertainty returns across the digital asset markets, trading activity has witnessed a pullback, with the global crypto market cap dipping over the past few days.
Despite the broader slowdown, some US-based coins are bucking the trend and appear poised for potential gains in the third week of August.
SKALE (SKL)
SKL has defied the broader market’s lackluster performance to record over 50% gains in the past seven days. As of this writing, the altcoin trades at $0.035.
The setup of SKL’s Elder-Ray Index suggests that the bullish tilt in market sentiment still lingers. For context, the indicator has consistently displayed green bars since August 8, signaling ongoing buying activity. However, the gradual shrinking of these bars over the past few days suggests that buying power is slowly waning.
Despite this slowdown, the indicator has yet to turn negative, meaning that buying still exceeds selling and a cautious bullish edge remains in play.
If buyers continue to dominate, they could drive SKL’s price higher toward $0.042.
On the other hand, if selloffs continue, SKL could decline to $0.0312.
Venice Token (VVV)
AI-powered VVV is another Made in USA altcoin to watch this week. Trading at $3.93 at press time, VVV is up 34% in the past seven days.
During that period, its daily trading volume has also soared, highlighting the strong demand for the altcoin. Per Santiment, this has climbed by 204% since August 11.
When an asset’s trading volume climbs alongside its price, it signals that the price movement is supported by genuine market interest rather than thin liquidity. For VVV, this means more traders are actively buying the token, suggesting confidence in its short-term prospects.
If this heightened demand persists, VVV’s price could surge past $4.18.
However, if profit-taking begins to dominate, the token may lose some of its recent gains, with support levels around $3.83 and lower coming into play.
Bertram The Pomeranian (BERT)
Meme coin BERT has rallied 37% in the past week, making it one of the Made in USA assets to watch this week. At press time, it trades at $0.053, resting significantly above its 20-day exponential moving average (EMA), which forms dynamic support at $0.045.
This key moving average measures the asset’s average price over the past 20 trading days, giving more weight to recent price changes.
When an asset’s price trades above its 20-day EMA, the short-term trend is bullish. Being above this line means that recent buying pressure is strong enough to keep BERT’s price higher than the average of the last 20 days.
If this continues, its price could rocket to $0.064.
Conversely, if sellers regain control, the meme coin’s price could fall under $0.051, toward its 20-day EMA.
The post 3 Made In USA Coins to Watch for the Third Week of August appeared first on BeInCrypto.
