One of the relatively quiet names of the major coins cosmos( ATOM) made both its ecosystem and investors happy with its latest price movement.
It remains in the background compared to a large part of the altcoin market, especially the major coins. ATOM Finally he started to make the expected movements. ATOM, which turned its direction upwards with the momentum it gained from a critical support level, increased by nearly 10 percent in a short time and said: Most A lot Ascendants ” managed to rank third on the list. Can this move on the major coin side be permanent? What is the latest situation in terms of technical analysis?
By making a correction, he spotted a critical resistance!
BTC’s rise from $28,000 to $38,000 LEFT, AVAX, XRP Major coins such as showed themselves. These projects, which are generally adopted by crypto investors as a safe haven, have increased more steadily and in volume compared to the majority of altcoins. ATOM, which remained almost completely silent on these rises, said with its latest move, “I’m here too.”
ATOM, which found a buyer at $ 9,825 as of the writing of the news, may catch the wick even more when it exceeds $ 10,199. With the breakdown of this level, which has been a solid support/resistance in the past, a move towards 10,199 – 10,68 – 11,578 – 12,708 and 13,432 dollars can be seen, respectively. Failure of the Cosmos ecosystem to improve, BTC retreating to $35,000 or an industry-wide Fud news could bring the price up to $9,336 – 8,265 – 7,576 – 7,095 – 6,305 – 5,882 and $5,564 respectively.
