Bullish Technical Signs Emerge for Resilient U.S. Cryptos Post-Crash

The weekend's crypto market turmoil, triggered by escalating U.S.-China trade tensions and a 100% tariff on Chinese imports, erased over $19 billion in leveraged positions, according to CoinGlass data. Amid the panic, three U.S.-based cryptocurrencies-Horizen (ZEN), Basic Attention Token (BAT), and SUPRA (SUPRA)-have shown resilience, drawing attention from traders seeking opportunities in the post-crash landscape.

Horizen (ZEN), a privacy-focused blockchain leveraging zero-knowledge proofs, has surged 15% since the crash, trading at $14.37 as of press time. Technical indicators suggest continued upside potential. The Moving Average Convergence Divergence (MACD) line has crossed above the signal line-a bullish crossover often signaling strengthening buyer momentum Crypto Plunges After Trump Confirms 100 Percent China Tariff^[4]. This pattern, widely used by traders to gauge trend strength, indicates that ZEN's buyers are currently in control. If trading volume increases, the token could test the $15.006 resistance level. However, profit-taking could push it back toward $13.124.

Basic Attention Token (BAT), the utility token for Brave Browser, initially plummeted 23% during the crash but has since rebounded 63%, hitting an eight-month high of $0.2102. On the daily chart, BAT's price has climbed above its 20-day Exponential Moving Average (EMA), a key dynamic support level at $0.1572 Crypto Plunges After Trump Confirms 100 Percent China Tariff^[4]. The EMA, which weights recent prices more heavily, is a critical tool for identifying trends. When an asset trades above this average, it signals strong bullish momentum. Analysts suggest BAT could target $0.2324 if the trend persists.

SUPRA, the native token of the Supra DeFi platform, dipped 10% during the crash but has since stabilized. On-chain data reveals the Chaikin Money Flow (CMF) indicator has broken above the zero line, indicating increased buying pressure Crypto Plunges After Trump Confirms 100 Percent China Tariff^[4]. The CMF measures capital inflows and outflows, with values above zero signaling net accumulation. If this trend continues, SUPRA could climb toward $0.002786. However, renewed profit-taking or a shift in market sentiment could push it back toward $0.002130.

The resurgence of these tokens aligns with broader market dynamics. The MACD crossover, a popular technical signal, has historically confirmed short-term bullish momentum for traders MACD Crossover Screener - Stocks With MACD …^[1]. Similarly, the 20-day EMA has served as a reliable trend-following tool, particularly in volatile markets AMZN Stock Eyes $235 Retest After MACD Crossover - MarketBeat^[2]. While these indicators are not infallible, their convergence with positive on-chain metrics suggests a potential short-term rebound.

However, macro risks remain. The U.S.-China trade war has created a risk-off environment, with the Crypto Fear & Greed Index hitting "Extreme Fear" levels . Institutional outflows and widened bid-ask spreads on exchanges like Binance have further exacerbated volatility . Traders are advised to use tight stop-loss orders and monitor broader market sentiment for shifts.

As the crypto market digests the fallout from the tariff-driven crash, ZEN, BAT, and SUPRA offer compelling cases for cautious optimism. Their technical setups, supported by MACD, EMA, and CMF indicators, suggest potential for short-term gains. Yet, the path forward remains fraught with macroeconomic headwinds. Investors should balance these signals with a close eye on global trade developments and liquidity conditions.

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