Crypto markets regained momentum over the past 24 hours, with the market cap of ‘made in USA’ coins growing 7%. The rebound followed Jerome Powell’s Jackson Hole remarks. The Fed Chair struck a notably dovish stance, acknowledging increasing risks in the labor market and signaling openness to September rate cuts.

While no firm commitments were made, the prospect of easing has already lifted major assets, though not every token has reacted equally. Against this backdrop, there are three made in USA coins to watch before September rate cuts potentially unlock the next wave of liquidity.

XRP (XRP)

XRP is trading near $3, up 6.5% in the past 24 hours, but its rally remains subdued compared to Ethereum and Solana. That underperformance suggests that September rate cuts may not be fully priced in, making XRP one of the coins to watch before September rate cuts materialize.

On the daily chart, the Chaikin Money Flow (CMF) has been pushing higher. This reflects stronger inflows, while the Relative Strength Index (RSI) sits around 49 — a neutral reading that shows the token is far from overbought.

Chaikin Money Flow (CMF) measures buying and selling pressure by combining price and volume, with higher readings signaling stronger inflows.

Relative Strength Index (RSI), on the other hand, tracks the speed and change of price moves to gauge momentum, with values above 70 seen as overbought and below 30 as oversold.

Technically, holding above $3.10 would improve chances of a move to $3.34. And breaking through that resistance could ignite a stronger rally to the north of $3.65. A dip under $2.78, however, risks deeper losses.

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Author: Ananda Banerjee

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