On its daily chart, he notes that ATOM is negotiating a declining wedge pattern, sometimes interpreted as positive.#ATOM Cosmos is trading inside a falling wedge pattern on daily chart💁♂️ Price currently near a descending resistance and preparing for breakout📈 Potential targets after breakout could be $7.25, 8.85 and $12.15🎯 pic.twitter.com/P3n0O3pXBA — Jonathan Carter (@JohncyCrypto) July 21, 2024 This trend points to ATOM developing momentum and breaking out from its declining resistance line, a crucial place where selling pressure has traditionally been strong.
ATOM’s market position is notable at its current value of $6.23, with a market value of $2.50 billion and a 24-hour trade volume of $235 million.Despite a 0.54% retreat over the last 24 hours, the market seems to be in a good mood right now, making it a good time for ATOM to make money.
Related Reading: Early Signs Of Breakout’ – Solana To Explode By 900%, According To Analyst The Spotlight On Cosmos Cosmos (ATOM) is becoming a standout performance as the bitcoin community rides the wave of strength and excitedly awaits the effect of Ethereum ETFs.
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