Cosmos $ATOM Price Analysis
Cosmos (ATOM) experienced significant volatility over the past week, according to TradingView data. On Tuesday, June 17, ATOM dropped 2.52% to $4.03, followed by a slight decline to $4.01 on Wednesday. The price saw a modest recovery on Thursday, gaining 0.43% to close at $4.03. However, bearish pressure resumed on Friday, with ATOM falling to a low of $3.84 and settling at $3.93, a 2.35% decline. The downward trend continued over the weekend, with a 3.44% drop to $3.80 on Saturday and a further plunge to a low of $3.55 on Sunday, before recovering slightly to close at $3.71, down 2.33%.
This week, ATOM started with a strong bullish move, surging nearly 10% to reclaim $4 and settle at $4.07 on Monday. Momentum waned on Tuesday with only a marginal increase, followed by a bearish turn on Wednesday as the price fell over 2% to $4. The decline continued on Thursday, with ATOM dropping 2.67% to $3.89, slipping below the $4 mark. As of the current session, ATOM is trading slightly higher at around $3.91. Buyers will aim to regain control and push the price back above the $4 level in the near term.
