Global economic uncertainties continue to undulating through cryptocurrency markets as nations sail through an increasingly complex commercial panorama. Atom has demonstrated a remarkable resilience in the midst of these tensions, maintaining critical support levels despite the volatility of the broader market.
The Cosmos ecosystem, known for its interoperability solutions, faces challenges and opportunities as global realignations potentially remodeled the development priorities of Blockchain and investment flows.
Technical analysis
- ATOM exhibited a negotiation range of 2.94% for 24 hours, consolidating between support at $ 4.26-4.28 and resistance to $ 4.36-4.38.
- A significant increase in volume to 891,072 units during the 02:00 hours coincided with the rejection of prices at $ 4.31, establishing a high volume support zone.
- The asset recovered from the minimum of $ 4.26 at 10:00, with higher minimums, suggesting accumulation despite the lateral movement.
- Atom left its consolidation pattern with an ascending movement of $ 4.29 to $ 4.31, which represents a gain of 0.47%.
- The rupture was confirmed by high volume during the period 13: 32-13: 39 where the price reached $ 4.32.
- After testing the resistance level of $ 4.32, ATOM experienced a minor earnings but maintained a support above $ 4.30.
Discharge of responsibility: Parts of this article were created with AI.