Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT
If Bitcoin rises from the current level, it could boost the price of MATC, NEAR, ATOM, and HNT in the short term. After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.” Although Bitcoin is almost certain to miss PlanB’s floor model price projection of $135,000 for December, the creator of the stock-to-flow price model remains bullish. He said....
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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....
MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today, hitting a 12-day high in the process. Polygon (MATIC) MATIC was one of the standout movers in crypto markets on Thursday, as the token re-entered the top-20 list. Following a low of $0.4042 on Wednesday, MATIC/USD surged to an intraday peak of $0.5145 earlier today. This move saw MATIC become the world’s 18th largest cryptocurrency by market capitalization, all....
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....
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....