Top 3 notable Made in USA altcoins in the second week of July

The US economy has experienced a period of volatility over the past week, due to the anticipation and passage of Trump's "Big, Beautiful Bill." As a result, many altcoin made in USA have surged, while other projects are approaching new bottom levels.

Let's take a look at the top 3 made in USA altcoins that investors should watch in the coming days with Bitcoin Magazine.

Pudgy Penguins (PENGU)

PENGU has emerged as one of the best-performing projects in the market, increasing by 50% this week.

This altcoin is currently trading around $0.0162, attracting significant attention. As the market fluctuates, the impressive performance of PENGU highlights its potential for the future.

One of the key factors driving the recent success of PENGU is the strong support from investors, which is evident through the increase in the Chaikin Money Flow indicator (CMF).

Investors are actively buying this altcoin, which helps to boost its growth momentum. If the trend continues, PENGU may target $0.0180 or higher in the near future.

PENGU Price Analysis | Source: TradingViewHowever, if investors decide to sell, PENGU may face a reversal. Dropping below the support level of $0.0151 could lead to further weakening.

In this scenario, PENGU could slide back to $0.0129 or even lower, nullifying the current bullish outlook.

ai16z (AI16Z)

AI16Z has had a disappointing week but is showing signs of a potential reversal. Currently, the altcoin is trading around $0.153, below the resistance level of $0.161. If it can break through this barrier, AI16Z may gain momentum, shifting the trend to a more favorable position for investors.

The Parabolic SAR indicator has shifted from above to below the candle, signaling a potential uptrend for AI16Z. This change indicates that the altcoin may experience a price increase in the coming days.

If the upward trend continues, the target price for AI16Z is $0.161, with the next resistance level at $0.210.

AI16Z Price Analysis | Source: TradingViewHowever, if the bears regain control, AI16Z could drop below the support level of $0.127. Sliding below this level could bring the altcoin closer to the all-time low (ATL) around $0.099, invalidating the bullish outlook and signaling a continued weakening of the price.

Sui (SUI)

The price of SUI has increased by 12.4% in the past week, continuing to recover and is currently trading around $2.89. This altcoin is trying to hold the support level of $2.91, laying the groundwork for potential future growth.

The Parabolic SAR is signaling an uptrend, indicating that SUI may continue to climb. The indicator suggests a potential move to $3.13 or even higher, with a target of $3.33.

If the trend continues, altcoin could see significant gains, attracting the attention of investors.

SUI Price Analysis | Source: TradingViewHowever, if selling pressure or the selling force from investors intensifies, SUI could drop below the support level of $2.91. In this case, the price could revert to $2.66, which would invalidate the current bullish outlook. This change signals a potential downturn and reduces confidence from investors.

Vincent