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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
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1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
TOP 3 coins "Made in USA" to watch in the second week of September
The Made in USA coin index has closed the first trading week of September with an increase of over 7%, mainly due to strong fluctuations from tokens like Worldcoin and WLFI. However, as these two tokens are facing the risk of a rapid correction, attention is gradually shifting to three other coins.
All these tokens exhibit clearly bullish technical patterns, while also recording stable cash flow from whales and "smart money". This indicates that they could be the next focal point for traders seeking a new wave of momentum ahead of the interest rate cut in September.
Chainlink (LINK)
The first coin on the "Made in USA" list worth mentioning is Chainlink (LINK). This token has had a rather quiet trading week, with a slight increase of 0.9%.
In the past 30 days, LINK has only increased by 4.8% — a relatively calm period compared to the crypto market in general. However, behind that price is a strong accumulation process.
Data from exchanges also shows a stronger signal: the balance of LINK decreased by 2.33%, with 6.46 million LINK withdrawn, equivalent to nearly 145 million dollars. This means that not only whales but also retail investors are withdrawing tokens from the exchange.
An important technical signal comes from the Relative Strength Index (RSI). The RSI measures the strength of price movements on a scale from 0 to 100, where below 30 indicates oversold conditions and above 70 indicates overbought conditions.
A similar setup has reappeared between August 15 and September 4. Such divergences often signal that price strength is accumulating beneath the surface, even when the chart appears quiet.
Regarding the price levels, LINK is currently holding support at $21.38. If this level breaks, the next support zones will be at $18.63 and $15.44. On the upside, resistance is at $24.74, and if it clearly breaks the $27.86 threshold, LINK may enter a new uptrend.
Pudgy Penguins (PENGU)
PENGU, the token associated with Pudgy Penguins, has decreased by approximately 16% in the past 30 days. However, just in the last 24 hours, it has surged by 7.4%, bringing the 7-day increase to 16.7%. This positions PENGU among the notable "Made in USA" coins in the second week of September.
It is important to note that smart money often participates with the expectation that the price will rebound quickly to lock in profits, unlike long-term investors.
The strongest signal in this case comes from the Relative Strength Index (RSI). During the period from July 7 to September 6, the price of PENGU made higher lows, while the RSI made lower lows. This is known as hidden bullish divergence.
If momentum is maintained, PENGU will face resistance at $0.032. If it breaks through, the price could pave the way up to $0.036 and $0.041. Conversely, if it breaks below the $0.027 mark, this scenario will be invalidated and the price risks falling back to the $0.017 range.
Cardano (ADA)
Cardano closes the list of notable "Made in USA" coins, with signs of recovery forming. Over the past week, ADA saw a slight decrease, but whale activity tells a different story.
Wallet groups holding between 10 million and 100 million ADA have increased their balances from 12.92 billion to 13.06 billion since August 28. This means they have accumulated an additional 140 million ADA, worth nearly 117.6 million dollars at the current price of about 0.84 dollars.
EMA (Exponential Moving Average) is a trend-following moving average, with a higher weight given to recent price movements. Traders often pay attention when the short-term EMA crosses above the long-term EMA, as this is often a signal of momentum shifting to the upside.
Currently, the EMA 20 line is approaching the EMA 200 line (dark green). Another bullish crossover could help Cardano's price break through important resistance levels.
With whales actively accumulating and improving technical signals, ADA may be ready for a new upward move in September.
Dinh Dinh