Cosmos (ATOM) Bears Dominate As Bulls Struggle To Drive Price
Cosmos (ATOM) experienced a short bullish momentum on May 10, 2023. The asset saw an increase of 10.89% taking its price to a high of $11.2.
Cosmos
Cosmos (ATOM) experienced a short bullish momentum on May 10, 2023. The asset saw an increase of 10.89% taking its price to a high of $11.2.
ATOM’s bearish momentum stalled at key support level. However, this could be an opportunity for the bulls to rally, but traders may need to maintain caution.
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ATOM’s price dipped by 3.8% over the past seven days to suggest a bearish breakout might be inevitable.
Cosmos Hub’s new partnerships could add needed liquidity to the protocol. Overall activity on the network continues to decline.
Bulls have defended the $10.56 support level fiercely but technical indicators suggest a bearish breakout is imminent.
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Our column dedicated to the crypto world and analysis of prices and market statistics continues: today we will cover Kava (KAVA), Cosmos (ATOM) and Pepe (PEPE).