Atom is submerged 5% despite recovery attempts in the midst of bearish pressure



The technical analysis shows mixed signals
  • ATOM falls 4.51% for 24 hours that end on July 29 11:00, sliding from $ 4.88 to $ 4.66 as recovery offers fail.
  • The cosmos ecosystem crosses 100 live chains in mapofzones, while XRP integration progresses through SDK and IBC cosmos protocols.
  • Shadex premieres as the first cosmos encrypted monetary market, delivering institutional degree privacy through Cosmossdk and Cosmwasm Tech.
Market performance analysis

Atom Battle Volatile sessions with limited resistance at $ 4.95 before night support emerges about $ 4.56. The Token shows fight with recovery units around $ 4.77, but wave sales waves are approaching $ 4.66, indicating a short -term persistent bear grip.

Key technical indicators
  • The resistance remains firm at $ 4.95 in the opening with a heavy volume that reaches 1,889,637 units.
  • Support arises around $ 4.56 during night sessions.
  • The negotiation range covers $ 0.37, marking 7.58% of intradic volatility.
  • The recovery offer is launched from 05:00, promoting prices towards $ 4.77.
  • The sale of the sale at 10:51 brings an exceptional volume of 193,762 units.
  • Sharp 1.87% of a single minute fall establishes session support at $ 4.63.
  • The moment of recovery breaks multiple resistance barriers.
  • Near the Peaks session indicates that the new purchase of appetite.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.

Leave a Comment

Your email address will not be published. Required fields are marked *