Cosmos Price Analysis: ATOM Coin Price Breaks Its All Time High To Reach Above $50

• ATOM coin price has seen a breakout from its all time high of $36 and is ready to launch above $50. It is trading with a gain of more than 2% in the intraday session
• Technical indicators of the COSMOS hints towards a strong upside trend in the future. Meanwhile the ATOM/BTC pair is also up by more than 3% in the past 24 hours

ATOM coin price has recently surpassed its all time high and is ready to jump for moore. Cosmos price is currently trading near $36 with a gain of more than 2% in the past 24 hours . Cosmos might soon surpass various altcoins after breaking its all time high in the future

ATOM coin price upside trend might see hostility near the value of $40.  Meanwhile the support region in the price can be found near $25. The price is trading above the level of 50 and 100 Moving Average, with a positive crossover in the recent trading session.The 100MA line is at $19, acting as a temporary support for the price. ATOM/BTC pair might also see a major breakout in the future and can see a new high. One can invest in ATOM according to the price action and their risk adversity to attain a new high.

ATOM market dominance has seen a significant jump in the last few days. It might soon see a breakout above . Volume to market capitalization ratio for the ATOM hints towards a strong bullish trend in price for the future. The coin might soon attain a level of $50 and see a new high.

Technical Indicators Of ATOM Coin Price Suggests A Strong Breakout For A New High

The weekly technical chart of ATOM price highlights that “Bulls Are Ready” for upcoming weeks. The price has observed a gain of more than 36% in the weekly time frame. The daily chart of the coin highlights a strong bull trend in price.. If the coin price goes above $45 then a rally till $65 can be seen in future. ATOM/BTC pair might also see a formation of new high in the future

Conclusion

ATOM coin price hint towards a strong upside momentum for a new high in the future ATOM/BTC pair might also breakout for a new high

Technical Levels

Major Resistance:$40

Major Support:$25

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