ATOM, which showed a smaller increase compared to SOL, XRP and AVAX, started to give the green light. The major coin, which gained a good volume with its recent rise, finally made the desired move. ATOM, which took over the reins after BTC became horizontal, ranked fourth in the "Top Rising" list with an increase of 9.16 percent in the last 24 hours.
Can ATOM, which is slowly pushing itself upwards, continue this price movement? What does the technical side say?
Many major coins came to the fore in BTC's rise from $28,000 to $35,000. These projects, which crypto investors generally see as a safe haven, have increased more steadily and in volume compared to the majority of altcoins. ATOM, which remained relatively silent regarding these increases, said with its latest attack that I am in this market.
ATOM, which found a buyer at $7,952 as of the writing of the news, may get easier when it exceeds $8,265. With the breakdown of this level, which has been a solid support/resistance in the past, a move towards 9,336 - 10,199 - 10.68 and 11,578 dollars can be seen, respectively. Failure of the Cosmos ecosystem to improve, BTC retreating to $30,000 or an industry-wide Fud news could bring the price up to $7,576 – 7,095 – 6,305 – 5,882 and $5,564 respectively.