Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP
Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term. Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions tend to incur heavy losses and this is exactly what happened last week. Dogecoin’s (DOGE) recent pump and dump caused several new traders who bought due to FOMO to lose money within a short time and this....
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ATOM fell towards a three-week low on Thursday, as crypto markets were victim to yet another red wave. Overall, markets are down nearly 5% as of writing, with GRT dropping by almost 10% lower on the day. Cosmos (ATOM) ATOM dropped towards a three-week low during Thursday’s session, as global crypto markets were nearly 5% lower. Following a peak of $10.46 on hump-day, ATOM/USD slipped to an intraday low of $9.23 earlier in today’s session. This move sees ATOM back to its long-term support level of $9.30, which has mainly been holding firm since May 12. However, with prices....
Cosmos (ATOM) has managed to pull it off despite the decline in demand due to a bearish market. Altcoin rallied by 27% in the past week Cosmos’ integration with DOT, ETH to trigger a spike in demand ATOM price experiences exhaustion ATOM has been remarkably bullish since June and in fact, dubbed to the one top-performing cryptocurrencies in the past three months. The altcoin was on a bull run as seen in the past week, rallying by as much as 27%, following its rebound from the ascending support line. In the face of an upswing, ATOM is showing signs of a pullback especially since it appear....
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After almost ten consecutive sessions of higher highs, ATOM was consolidating to start the weekend, as traders seemingly secured gains. The token rose to an intraday top of $9.34 to start the weekend, as bulls continue to move towards the $10 mark. Saturday’s moves comes less than a day from prices....
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite the global cryptocurrency market cap falling by over 3% as of writing. ATOM/USD rose to a peak of $30.79 earlier today, following its climb from yesterday’s low of $27.97. This recent surge in the price of ATOM, comes after a Valentine’s day bounce of its support level at $25.90. Since....
ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest level since June 29 in the process.
Cosmos (ATOM)
ATOM was trading higher on Tuesday, as prices rose to a multi-week high earlier in today’s session.
The token rose to an intraday peak of $9.27 following yesterday’s July 4 celebrations, where prices hit a low of $8.14.
Today’s peak sees ATOM/USD hit its highest point since June 9, as....