3 Made In USA Tokens to Watch Before Trump’s Global Tariffs on August 7

The Trump administration is back in the spotlight with new tariff deals being signed across various countries. The US has announced that tariffs for most of the world will be revealed by August 7. 

Historically, Trump’s tariff announcements have affected both the stock and crypto markets, and this trend is expected to continue. BeInCrypto has analyzed three U.S.-made coins that could see significant price swings.

Injective (INJ)

INJ price has surged by 10% over the last 24 hours, benefiting from bullish market trends. The Relative Strength Index (RSI) has moved into the bullish zone above the neutral mark of 50.0, signaling increased buying interest and potential for further upside movement in the altcoin.

With the RSI showing bullish momentum, INJ is poised for a potential recovery. If the price manages to flip the $14.14 resistance into support, it could rally toward $15.42. This would help the altcoin recover recent losses and reinforce the upward momentum seen in the broader market.

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However, if selling pressure builds up and investors decide to exit their positions, INJ could slip below the support level of $13.01. A drop to $12.09 could follow, and if this support fails, the bullish outlook for INJ would be invalidated, signaling a shift toward further declines.

Stellar (XLM)

XLM price has increased by 13% over the last 24 hours, positioning it among the top-performing altcoins. Trading at $0.4166, the altcoin remains under the resistance of $0.4245. This indicates potential for a breakout if broader market conditions stay favorable and support the bullish trend.

The 50-day exponential moving average (EMA) provides strong support, signaling that the broader market momentum is bullish. This support could propel XLM towards $0.4450, with further gains potentially pushing it to $0.4701, confirming the continuation of its positive trajectory in the market if conditions remain favorable.

However, if market conditions worsen, especially with the upcoming August 7 announcements, XLM might fail to breach $0.4245. In this case, the price could fall to $0.3597, and losing this support would invalidate the bullish outlook for XLM, signaling potential downside risks in the coming days.

Zebec Network (ZBCN)

ZBCN is an emerging altcoin from the US, having risen 27% in the past week. The cryptocurrency is currently trading at $0.0051, just below the resistance levels of $0.0057 and $0.0052. These resistance points are key for further upward movement in the near term, contingent on market conditions.

The Squeeze Momentum Indicator is signaling a squeeze release with bullish momentum as bars indicate positive pressure. This suggests that ZBCN is experiencing a strong bullish trend, which may help push the altcoin past the resistance at $0.0057. If successful, the price could surge toward $0.0059.

However, if investor sentiment shifts negatively or tariff wars impact market conditions, ZBCN may face selling pressure. In such a scenario, the price could drop to $0.0047, potentially falling further to $0.0041, thereby invalidating the bullish outlook for ZBCN.