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November was a tough month for most of the market, and even many coins that were manufactured in the United States fell significantly. The broader trend was weak, with few assets holding their levels as traders waited for a clearer trend.
But as the market tries to stabilize, three of these currencies of the origin of the United States show the first signs that they can rebound. One of them has a rare negative correlation with Bitcoin. Others form a clear reflection structure. All three currencies witnessed sudden whale activity. These factors make these currencies worth watching this week.
Litecoin (LTC)
One of the first Coins that were manufactured in the United States The one to watch this week is Litecoin (LTC). They have risen by just over 8% in the last 30 days and about 7% in the last 24 hours, showing unexpected resilience during a difficult November.
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A big reason for this strength is its negative correlation with Bitcoin. The Pearson correlation coefficient between LTC and BTC was -0.01 in the past month.
The Pearson coefficient measures how two axes move in correlation with each other; A negative reading means they are moving in different directions.
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as well as Bitcoin has fallen Up 13.5% over the same period, Litecoin’s lack of correlation has helped it hold its value better than most major coins.
But engagement is not the only factor here. The chart has also formed an inverted head and shoulders pattern, with the price now moving near $102.
If LTC can close daily above $119, it completes the pattern and opens the door for a move towards $135 or higher if general conditions improve. This resistance level identified an earlier bullish attempt, so a breakthrough would indicate real momentum.
The Smart Money Index, which tracks how well-informed or ahead of the curve traders are, has changed since November 13.
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This turn proves some early confidence that returns as it pushes LTC towards the neck of the pattern. The combination of the Smart Money Curve indicator and the price pushing towards the breakout zone this week makes this setup extremely important.
If buyers cannot push Litecoin above resistance, the first major support is at $93. A drop below this level creates a weak reversal structure, and a drop below $79 will completely invalidate the pattern.
Solana (SOL)
Among the “Made in USA” coins catching the eye this week, Solana (SOL) stands out for a different reason. It has been struggling this month, down about 27% in the last 30 days. However, the chart is starting to show hints of a short-term reversal that traders cannot ignore.
The signal comes from the Relative Strength Index (RSI), which measures price momentum to see when an asset may be overbought or oversold.
Between November 4 and November 14, the price of Solana formed a lower low, while the RSI formed a higher low. This formation is known as a bullish RSI breakout, and it often appears before the trend attempts to reverse, even if the reversal is brief.
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If this discovery is achieved, The immediate proof for Solana is… $162. It is a strong resistance level that has held since November 5 (a break in between).
A break above $162 opens the door to $170. If momentum builds, it could push the price up to $205 in the short term.
But this configuration is only valid if buyers defend $135. A decline below this support will weaken the structure and reveal $126.
Chainlink (LINK)
The last pick on this week’s list is Chainlink (LINK), which has had a difficult month. It has fallen over 20% in the last 30 days and recorded an additional 10%+ decline in the past week.
However, something unusual has appeared in its holder activity making LINK a key token to watch this week as the market tries to stabilize.
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Despite the decrease, the accumulation of whales has increased significantly in the last seven days. The stock of common whales increased by 8.92%, while the top 100 titles – the “mega whales” – increased their total participation by 1.51%.
When whales buy into weakness instead of pulling back, it often indicates an early position for a potential reversal.
The chart shows why they entered. Between October 10 and November 14, the price of LINK recorded a new low, while the Relative Strength Index (RSI) formed a higher low. This created a record bullish divergence. This is the same momentum shift seen in Solana, and often appears near the early stages of a trend reversal.
To trigger the setup, LINK would have to recover $16.10, which would require a move of about 17% from current levels. It opened a path towards $17.57 surpassing $16.10.
If a close day forms above that area, LINK may be able to expand towards $21.64 or higher if general market conditions improve.
If buyers fail to hold support, the key level to watch is $13.72. Closing a daily candle below favors a discovery of the current structure and can invalidate the bullish reversal signal. The reversal then has to wait longer.
