ATOM $ATOM has just broken out of a pattern on the 4-hour (4H) chart. In the visual representation of this period, it is possible to observe the breakout of a descending wedge, suggesting that the price base was established on the daily chart (1D). This finding can be confirmed by analyzing the Relative Strength Indicator (RSI), which has reached the oversold level.
On the daily chart (1D), support at $8,934 is evident, confirming the oversold level of the RSI on the 4-hour chart. Therefore, it is noticeable that a price base has already been formed on this Altcoin.
