The Cosmos Token Atom fell by 4% in the last 24 hours, since the short -term cryptographic rally on Thursday stopped on Friday.
Market volatility has been lower on Friday, partly due to the nation, on July 4
Bitcoin tried to form a new record on Thursday, but fell short, sliding from $ 111,000 to $ 108,000, with most Altcoins as Atom following its leadership.
Technical analysis
- ATOM-USD experienced a remarkable decrease of $ 0.17 (3.95%) During the 24 -hour period from July 3 from 3:00 p.m. July 4:00, with a price that falls from $ 4.22 to $ 4.06.
- The asset established a clear descending trend after not being able to maintain the support of $ 4.17, with an emerging high volume sale at the level of $ 4.09.
- The volume increased to 588,338 units during the 7:00 on July 4, significantly above the average of 24 hours.
- Multiple attempts to establish about $ 4.07 have been rejected, which suggests a continuous bassist impulse.
- During the 60-minute period on July 4, 1:06 p.m. (0.61%)falling from $ 4.09 to $ 4.06.
- There was a brief attempt to recover at 13:53 with a price that reached $ 4.07, but the impulse could not keep as the vendors returned.
- The lower and minimum lower ups and downs pattern confirms the continuation of the broader bearish trend that is approaching the psychological level of support of $ 4.00.
The CD20 index is 2% as the feeling of the crypto market deteriorates
The CD20 index has experienced a notable bearish trend in the last 24 hours of July 3 from 3:00 p.m. to 4:00, decreasing from $ 1,803.70 to $ 1,765.27, which represents a substantial fall of $ 38.43 or 2.13%.
The general range of $ 38.84 (2.15%) The highlight of the persistent sales pressure, with a particularly accelerated descending impulse in the last hours, since the index reached its lowest point of $ 1,764.86 at 14:00, which suggests a deteriorated feeling of the market despite the brief consolidation attempts around the level of $ 1,780.
