Compass Investments

3 China-made coins to watch in the third week of July.

-Huobi Token (HT) gained 23% for the week, with RSI hinting at increased buying interest and a potential price increase to $ 0.29.

ervos Network's #CKB #Token rose 13%, supported by strong uptrend signals from the Aroon Up indicator, which suggests further upside to $ 0.0040.

Zilliqa (ZIL) is up 4%, trading above its 20-day EMA, signaling bullish sentiment and further upside potential to $ 0.0116.

While the cryptocurrency market continues to show volatility this week, investor attention may shift to regional trends and specific ecosystem tokens.

Among them are coins with strong ties to China, often referred to as "Made in China" tokens. These include #Huobi Token (HT), Nervos Network (CKB), and Zilliqa (ZIL).

#HT is a native token of the Huobi Global exchange, one of the largest digital asset platforms originally founded in China. Against the backdrop of weakness in the broader market, HT is up 23% over the past week, making it one of the key Chinese assets to watch out for this week.

Key technical indicators support the growing optimism around the altcoin. For example, the HT Relative Strength Index (RSI) is at 55.64 and rising at the time of publication, indicating increasing buying pressure.

RSI indicator measures the overbought and oversold nature of an asset in the market. It ranges from 0 to 100. Values above 70 indicate that the asset is overbought and prices are expected to fall, while values below 30 indicate that the asset is oversold and a rebound is possible.

RSI HT values show that market participants prefer accumulation over distribution. If this trend continues, the price may rise to $ 0.29.

On the other hand, a decrease in accumulation could cause HT to fall to $ 0.21.

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