- Hedera (HBAR) Faces Pressure: Despite growing speculation about its inclusion in the U.S. crypto reserve, HBAR has dropped 16.7% in the past week, with key support at $0.179 and resistance at $0.219.
- Chainlink (LINK) and Aptos (APT): LINK could rise if added to the U.S. reserve, with targets of $15.79 and $17.64; meanwhile, APT struggles, potentially testing $5.34, with upside to $5.90 if bullish momentum returns.
- Ondo Finance (ONDO) and IP (Story): ONDO’s 22% drop could test $0.866 support, while IP, despite a 19% correction, might recover to $6.96, depending on market sentiment and buying pressure.
This week, several key Made-in-USA cryptos are in the spotlight—Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP)—and the market is buzzing with speculation. While IP has been riding high with impressive gains over the last month, it’s now facing a sharp correction, much like ONDO, which has seen a 22% drop in the past week.
Meanwhile, there’s increasing talk that HBAR and LINK could be added to the U.S. strategic crypto reserve—an event that could shake up their prices. With major support and resistance levels looming, the next few days will be critical in determining whether these coins bounce back or slide further.
Hedera (HBAR)
Hedera has been making waves as one of the top 10 Made-in-USA cryptos by market cap, and speculation is growing that it might be included in the U.S. strategic crypto reserve. Yet, the coin has struggled, dropping 16.7% in the last week, bringing its market cap to around $8.8 billion. The current decline has left traders wondering: will it find a way to climb back, or will the downward pressure continue?
If HBAR manages to push upward, it could test resistance levels at $0.219 and $0.258, possibly even hitting $0.287 if a rally picks up steam. But if the retracement deepens, the critical $0.179 support level could be in jeopardy, opening the door for further losses.
Chainlink (LINK)
Chainlink has firmly established itself as a dominant player in the oracle space, with its increasing involvement in real-world assets (RWA) adding to its growing influence. Speculation that LINK could join the U.S. crypto reserve has given the coin a bit of a spotlight. If it gets added, the price might rise toward key resistance levels of $15.79, $17.64, and $19.79.
But there’s a catch—if the market turns sour, LINK could revisit support at $13.45, possibly even dipping to $13 or lower.
Aptos (APT)
Aptos, a rising star in the layer-1 blockchain arena, has had its fair share of hype, especially with talks of a potential ETF. Yet, it has taken a nearly 12% hit in the past week, leaving investors wondering if it can regain bullish momentum. If the correction persists, APT could test support at $5.34, with a potential drop to $5.04.
On the flip side, if it can find a reversal, APT could rise to $5.90 and face resistance at $6.49. If the bullish trend resumes, APT might even shoot toward $6.81 or $7.06, but it’ll depend on market conditions and renewed buying interest.
Ondo Finance (ONDO)
Ondo Finance has dropped 22% in the past week, yet it remains one of the most relevant RWAs in the crypto space, with a market cap still hovering around $2.8 billion. If the pullback continues, ONDO might test support at $0.866, with a possible further drop to $0.82.
On the upside, if momentum shifts, ONDO could push toward the $1.09 resistance, and with enough strength, it could climb to $1.23.
Story (IP)
IP has been a standout performer among Made-in-USA cryptos, surging by 77% over the last month. However, despite its strong performance, it’s currently facing a 19% correction, bringing its market cap to $1.27 billion.
If IP can recover its gains from last month, it could rise toward $6.96, with the potential to break through $7.95, possibly even surpassing $8. But, if the downtrend intensifies, the price might dip to $4.49, with a further breakdown pushing it toward $3.65.
The Road Ahead
With support and resistance levels approaching for all of these cryptos, the next few days will be crucial in determining their direction. Speculation around the U.S. strategic crypto reserve could drive prices higher, but the current market sentiment—marked by corrections and uncertainty—suggests there’s still plenty of room for volatility. Will these coins rally, or will they sink further? Only time will tell.