- The ATOM coin price is in an uptrend, around 25.8%, during the intraday trading session.
- The 24-hour trading volume is at $2,250 billion.
- ATOM/BTC pair is trading positive by 20.4% at 0.00091848 BTC.
Daily technical chart and price trend of Atom coin are showing a bullish trend. Based on the pivot level, the first support zone is 35 USDT. From another perspective, if it rushes, the resistance level to watch is 50 USDT. Thus, the graph made a bullish engulfing candle pattern yesterday, and the cost is relied upon to remain upside with unwavering high force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost flies above the green ribbon, so it will guarantee an upswing in ATOM until it’s above the ribbon.
Trading volume (3.194 M) is underneath the 20-day moving average (9.95 M). To put it plainly, the volume is low, making the cost remain at the pivot levels. Investors can likewise check that the volume bars on the graph are inclined, which demonstrates that exceptional instability is normal in the following trading days.
The RSI indicator gave a signal (bullish) with 61, projecting a purchase signal in the currency. Investors can observe an inclined slope from 50 to 61. It can arise in future trading sessions.
Cosmos (ATOM) Coin All Indicators Suggest Bullish Action
Cosmos price today is $40.39 with a 24-hour trading volume of $2,250,037,640. The price of ATOM has risen 25.8% in the last 24 hours. It has a circulating quantity of 280 million ATOM coins and a total quantity of infinite. The RSI points to a buying indication, and the traders have prompted low volume. In fact, the cost bounced back from the support and remains at the pivot level. In like manner, with the general market perspective, the pattern stays bullish for coming trading days.
Resistance Level: $50
Support Level: $35