Top 5 coins "Made in USA" worth noting in the third week of March

The cryptocurrencies "Made in USA" to watch this week include Ripple (XRP), Pi Network (PI), Story (IP), Jupiter (JUP), and Aerodrome Finance (AERO). XRP leads in market capitalization, while PI just completed one of the largest coin launches in recent history.

IP is one of the best-performing coins recently, while JUP and AERO are under pressure despite having strong fundamentals. Here is an analysis of what these five 'Made in USA' cryptocurrencies are preparing for the third week of March.

Ripple (XRP)

Ripple (XRP) is currently one of the largest Made in USA coins by market capitalization. Over the past month, its price has dropped by nearly 19%, but recovered in the past week with an increase of over 6%. The recent recovery action is attracting attention as traders watch for signs of sustainable trend reversal.

XRP Price Chart | Source: TradingViewThere are increasing speculations that the United States Securities and Exchange Commission (SEC) (SEC) may reclassify XRP as a commodity. Any positive developments in the lawsuit between the SEC and XRP will become a catalyst for a strong price increase.

A few months ago, similar news triggered a surge in XRP prices and spurred activity in the Ripple ecosystem, including strong growth momentum of related memecoins

If XRP can maintain this upward momentum and build a bullish trend, the price could target the $2.47 resistance level. Breaking through this level will open up the opportunity to rise to $2.64 and even reach $3 if the optimistic sentiment continues.

On the downside, if it returns to the downward trend, XRP could revisit the support level of $2.21, and if it breaks this level, it will continue to decline to $1.9.

Pi Network (PI)

Pi Network (PI) has just launched one of the largest cryptocurrency events in recent history, quickly reaching a market capitalization of nearly 20 billion dollars. However, this token is under pressure, correcting more than 35% in the last 30 days. Its market capitalization is currently below 8 billion dollars as pessimism continues to weigh on price action.

PI price chart | Source: TradingViewIn recent days, PI has faced many criticisms after launching the .pi domain, leading to some community members expressing doubts.

In addition, a strong selling trend has occurred after this token moved to the mainnet, creating additional downward pressure and contributing to the recent pessimistic situation.

If the current downward trend continues, PI price may test the $1.23 support level and if broken, the price could drop below $1.2, marking the lowest level since 2/22.

However, if this token reverses the downward trend and resumes an upward trend, it may test the resistance level of $1.57 and has the potential to rise to $1.82. Continued strong price increase could even push PI to test the $1.98 level and reach $2.35, surpassing the $2 mark for the first time since 3/1.

Story (IP)

Story (IP) is currently one of the best-performing altcoins over the past 30 days, with a nearly 218% increase in value. This price surge has pushed its market capitalization to nearly $1.4 billion, making it one of the standout tokens in the market during this period.

coinIP Price Chart | Source: TradingViewIn recent days, IP has entered a consolidation phase, with price action slowing down after an impressive rally. However, if the uptrend resumes and establishes, IP may challenge key resistance levels at $6.66 and $6.96.

Breaking out at these levels could open up the opportunity to push the price up to $7.95 and surpass $8, setting a new all-time high.

On the contrary, if selling pressure increases and a correction occurs, IP may retest the first $5 support level. If this level is not held, the price could further decline to $4.49 and in case of a deeper correction, the price will plummet to $3.65.

Jupiter (JUP)

Like most major tokens on Solana and other 'Made in USA' cryptocurrencies, Jupiter (JUP) has experienced a significant adjustment over the past 30 days, with a nearly 44% decrease in value. This decline reflects a widespread sell-off in the Solana ecosystem as market conditions remain challenging.

coinPrice chart of JUP | Source: TradingViewDespite the recent pullback, Jupiter continues to be one of the most profitable projects in the crypto space. As one of the largest synthesizers in the market, the project has generated $27 million in revenue in the past seven days, ranking behind Tether and Circle in terms of highest-earning protocols.

If the Solana ecosystem recovers, JUP could benefit significantly, with price targets at $0.54, $0.598, and $0.63 being important resistance levels.

The strong uptrend could push this token to $0.86. However, if the downward trend continues, JUP may retest support levels at $0.48 and $0.44. If the situation worsens, the price could drop below $0.4 for the first time.

Aerodrome Finance (AERO)

Aerodrome Finance (AERO) is the largest decentralized exchange (DEX) focusing on the Chain Base ecosystem and has recently benefited from increasing interest in this network.

Over the past week, Aerodrome has generated $1 million in transaction fees, surpassing notable competitors such as Trokan, BONKbot, and GMGN, solidifying its position as a key player in the Base ecosystem.

coinAERO price chart | Source: TradingViewHowever, despite having a strong foundation, the price of AERO is still under pressure, having corrected over 38% in the past 30 days. The token is currently trading at its lowest level since October 2024, reflecting common fluctuations across the entire market.

If the downtrend continues, AERO could soon retest the support level at 0.48 dollars

On the contrary, if buying momentum resumes and AERO establishes an upward trend, there is a possibility that the price will move towards the resistance levels at $0.56 and $0.61. Breaking through these levels will open up the opportunity for price to rise to $0.67 and possibly $0.739.

Disclaimer: The article is for informational purposes only, not investment advice. Investors should research carefully before making decisions. We are not responsible for your investment decisions

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Minh Anh

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XRP0.26%
PI0.76%
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