The ‘Made in USA’ cryptocurrency sector exhibited significant divergence this week, with Hedera (HBAR) facing bearish pressure, Aerodrome Finance (AERO) surging on exchange news, and XRP navigating ongoing legal uncertainty.
Hedera (HBAR) declined over 8.5% during the period, struggling to break above the critical $0.19 resistance level. Technical indicators point to a persistent downtrend, with short-term Exponential Moving Averages (EMAs) positioned below long-term EMAs, signaling sustained bearish momentum.
In contrast, Aerodrome Finance (AERO) experienced a substantial 44% price surge. This rally followed Coinbase’s integration of Base chain decentralized exchange (DEX) services, significantly boosting AERO’s visibility and utility. The token’s market capitalization climbed to nearly $608 million as it approached a key technical resistance zone around $0.80.
Meanwhile, XRP continues to operate under the shadow of the ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Technical analysis suggests resistance near $2.28, with potential support levels forming around $2.05 as the market weighs legal risks against the asset’s technical potential.
Overall, the performance of these prominent US-associated cryptocurrencies highlights the sector’s current volatility, driven by a mix of technical factors, exchange integrations, and regulatory developments.