Quick Take
  • Among the assets in focus are Made in USA coins, which often move sharply around major US events.
  • Some now hint at early recoveries, while others risk deeper pullbacks, but not with twists.
  • Among Made in USA coins, Solana continues to stand out as one of the more resilient altcoins despite recent volatility.
  • The token is down 23% month-on-month, mainly due to the October 10 “Black Friday” crash.

What Happened

XLM trades near $0.31 and continues to see steady whale inflows. The Chaikin Money Flow (CMF), which measures money entering or leaving a token, has stayed above zero since October 7, showing that large investors are still adding positions despite the crash.

Market Context

As US markets brace for a pivotal week — with fresh CPI data expected soon, a likely Fed rate cut towards the end of October, and Jerome Powell’s remarks expected to steer global sentiment — traders are watching how crypto reacts to shifting policy signals.

Among Made in USA coins, Solana continues to stand out as one of the more resilient altcoins despite recent volatility. The token is down 23% month-on-month, mainly due to the October 10 “Black Friday” crash.

If the Solana price breaks above $204 (an 8.4% rise), it could target $223 and $238 next. A clean move above $253 could potentially open the path toward new highs in the short to mid-term.

The Relative Strength Index (RSI) — which tracks how fast and strong price movements are — adds more weight to this view. Between August 7 and October 11, Solana’s price made a higher low, while RSI made a lower low.

However, a daily close below $174 (the lower trendline of the channel) would weaken the pattern. It could send the Solana price toward $155 or even $142, marking a temporary loss of structure for one of the leading altcoins in focus this October.

LINK has fallen over 30% in the past 30 days, hit by October’s market-wide crash, but it has managed to close the past 24 hours in green, hinting at early buying interest.

Between June 22 and October 10, LINK’s price made a higher low while the Relative Strength Index (RSI) made a lower low. This hidden bullish divergence suggests that the larger uptrend, supported by LINK’s 50% yearly gain, remains intact despite recent weakness.

However, if the price dips below $16, the bullish structure could weaken. That would open a path to $14 and even $12, once again.

However, their optimism may be tested soon. On the daily chart, the 20-day Exponential Moving Average (EMA), the red line — a line that smooths short-term price data — is close to crossing below the 200-day EMA (deep blue line), while the 50-day EMA (orange) is nearing a crossover under the 100-day EMA (sky blue). These crossovers usually signal that sellers are gaining control.

Why It Matters

Among the assets in focus are Made in USA coins, which often move sharply around major US events. Some now hint at early recoveries, while others risk deeper pullbacks, but not with twists.

Yet, it has gained over 2% in the past week, signaling steady recovery efforts.

The broader structure still looks bullish. Solana has been moving inside an ascending channel pattern since May — a setup that often supports continuation trends.

If LINK can close a daily candle above $21, it could trigger a move toward $24 and even $27. That could mark a minimum potential 24% near-term rally.

Details

Solana (SOL)

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This hidden bullish divergence usually confirms that the larger uptrend remains intact, even during short-term dips.

Chainlink (LINK)

The next on the list of Made in USA coins is Chainlink, one of the few altcoins showing early signs of recovery despite sharp losses this month.

Part of this renewed momentum comes from strong on-chain accumulation. Whaler Talk data shows that over 270,000 LINK tokens (worth more than $4.6 million) were recently moved out of Binance wallets — a sign that large holders are possibly preparing for long-term positions.

Technically, Chainlink broke below a head-and-shoulders pattern on October 10, with a neckline near $21, which led to a steep correction toward $14.

However, LINK has since rebounded, taking support at $16, a level that’s now proving to be a critical base for potential recovery.

Stellar (XLM)

Among the Made in USA coins, Stellar (XLM) stands out for its growing real-world asset (RWA) focus. Yet, it is currently flashing a more complex setup, making it one of the more volatile altcoins in focus for October end.