Cosmos Looks Promising As Price Rally, Can Price Breach $14?
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....
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The price of Cosmos (ATOM) has not been left behind by the present cryptocurrency rally. ATOM is currently trading at $7.66, its highest price since the middle of this month. Since its low point in June, the token’s value has increased by about 40 percent. ATOM is currently positioned to surpass $8.4 resistance, which may solidify a bullish trend. The token also reached its highest level in 11 days on Thursday, as prices increased for the fifth straight session. Since the broader crypto market has been in a sea of red recently, ATOM has followed suit. After a dismal 10-week weekend,....
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 (ATOM) has maintained so much bullish sentiment topping the charts in the crypto space; despite pullbacks across the market, Cosmos (ATOM) would recover with good volume and rally higher. The price has been faced with resistance on the weekly chart and has shown weakness as much doubt sets in if the price can reclaim the price of $20. (Data from Binance) Related Reading: Terra Dries Up As LUNA Sheds 40% From Recent High Cosmos (ATOM) Token Price Analysis On The Weekly Chart ATOM saw a decline in its price from $45 to around $6, with an over 70% drop from its all-time high despite....
ATOM’s price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on $17. ATOM could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. ATOM’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Cosmos (ATOM) has been tremendous as the price resisted the bears rallying from a region of $12.7 to a high of $14, reclaiming a vital support area it has....
ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would enable Cosmos-based chains to connect using the first standardized protocol for inter-blockchain communication. With that said, chains will securely and […]