Cosmos (ATOM) Invalidates Uptrend; Where Is The Next Area Of Interest For Price?
ATOM price struggles on high timeframes to trend higher despite showing bullish sentiment in recent times. ATOM trades below uptrend support as the price looks bearish with the current market state. The price of ATOM eyes key support as price trades below 50 and 200-day EMA. The price of Cosmos (ATOM) struggles to discover its bullish trend as the price breaks below uptrend support against tether (USDT). The previous weeks saw the crypto market cap looking good as prices of Bitcoin (BTC) and other crypto assets, including Cosmos (ATOM), showed so much strength as price rallied from a low....
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Cosmos (ATOM) ranged in a wedge against Tether (USDT) as it builds more strength to break above the $12 key resistance. The price of Cosmos ATOM has shown bullish strength as the price breaks above resistance after ranging for days. (Data from Binance) Related Reading: Crypto Market Rally Stopped Short Ahead Of Reaching Full-Blown Greed Cosmos ATOM Price Analysis On The Weekly Chart From the chart, the price of ATOM saw a weekly low of $6.2, which bounced from that area and rallied to a price of $12, marking ten weeks of bullish strength from ATOM. ATOM weekly candle closed with a bullish....
The price of Cosmos (ATOM) could be set for a wild rally with a potential breakout against Tether (USDT) ahead of summer relief for altcoins. Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like Cosmos breaking out in price. (Data feeds from Binance) Related Reading: TA- Ethereum Price struggles To Breakout – Eyes $2,000 Price Analysis Of ATOM On The Weekly Chart From the chart, the price of ATOM saw a weekly low of around $6.5, which bounced from that range and rallied to $11.3. The price has built more momentum as it faces....
ATOM price breaks downtrend as price gears up for a short-term recovery creating more bullish sentiment. ATOM looks strong on the low timeframe. The price of ATOM breaks and holds above 8 and 20 EMA. Cosmos (ATOM) showed so much strength as price trends for days, with many becoming interested as to why Cosmos (ATOM) trends against tether (USDT) in such market conditions. With the price of Bitcoin (BTC) showing some great momentum, we could see the price of altcoins, including ATOM, move easily as it eyes a rally to $14. (Data from Binance) Related Reading: Elrond Coin Price Seen Climbing....
Cosmos (ATOM) coin buyers have clasped on the $10 level as its support zone. Cosmos (ATOM) coin soars by over 5% as seen in the past 24 hours. ATOM still fluctuates wildly as observed in the upwards parallel channel. Coin’s price has made impressive traction and surged by 13% in the past week. According to CoinMarketCap, ATOM is having a sweeping uptrend at $12.09 or an impressive spike of 4.46% as of this writing. Currently, ATOM’s ATH is set at $44.45 which means the bulls have to work a bit harder than usual to push the price further up. Related Reading: Polygon Maintains Solid....
Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent losing sessions, with bulls seemingly buying this weeks’ dip. Cosmos (ATOM) Cosmos (ATOM) extended its recent bullish run on Saturday, as prices have now risen for four consecutive sessions. The token rose to an intraday peak of $8.33 to start the weekend, as prices have so far increased by over 12% in today’s session. This latest move saw ATOM/USD move closer to its resistance....