3 US-Made Cryptocurrencies to Watch in August

August started with a cooling crypto market, especially for U.S.-based coins, as trading dipped after July's gains. The global crypto market capitalization has decreased by 5%, indicating lower demand.

However, some 'Made in USA' tokens are gaining attention. Here are three altcoins investors should watch this month:

Omni Network (OMNI)

OMNI has increased by 72% over the past week, defying the market's downward trend. This makes it a key U.S.-made coin to watch.

The Moving Average Convergence Divergence (MACD) indicator for OMNI shows bullish momentum. The MACD line (blue) is above the signal line (orange), suggesting a buy signal.

If buying continues, OMNI could exceed $4.60.

Conversely, if demand decreases, the price could drop to $3.83.

Story (IP)

Priced at $5.71, IP has risen 24% over the last three weeks, marking it as another U.S. coin to monitor in early August.

The IP/USD chart shows it trading within an ascending parallel channel since July 11, indicating a bullish trend.

Currently, IP is near the channel's lower line. If this support holds, a rally could push it to $6.46 soon.

A break below the channel's support might negate the bullish outlook, leading to a drop toward $4.92.

Zebec Network (ZBCN)

ZBCN has surged nearly 30% in the past seven days, making it a notable altcoin in early August.

The token's Smart Money Index on the daily chart shows a steady rise, signaling sustained support from key holders. It currently stands at 1.

An increasing SMI suggests higher buying activity. Continued demand could drive ZBCN above $0.0053.

If buying pressure diminishes, the price might fall toward $0.0047.

Disclaimer: This analysis is for informational purposes only and not financial advice. Market conditions can change. Conduct your own research before making any financial decisions.