Today news
About the same in other media
10.11 - 16:47
Cosmos: Traders can long ATOM here before the next upswing
Reading now: 423
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Of late, ATOM has reaped the benefits of a risk-on broader market. The altcoin registered a 30% jump over the last three days and finally broke north of its down-channel – A setup that lasted for a few weeks. Since hitting a 1-month high of $44, ATOM’s bullish momentum has cooled off as the RSI flashed overbought readings.
Its trajectory now depends on near-term support levels which are aimed at thinning losses and triggering a rebound. At the time of writing, ATOM was trading at $39.1, up by 10% over the last 24 hours.
Source: ATOM/USD, TradingView
ATOM’s down-channel appeared after a massive rally took place at
Read more on ambcrypto.comAbout this in other media
Sustainable living along with personal workspace: The emerging new asset class financialexpress.com /3 years ago
Bitcoin and Ethereum Prepare For Next Move cryptonews.com /3 years ago
‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov cointelegraph.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
