Cosmos (ATOM) has been a top-performer and exhibited a bullish fervor for the past couple of months, or since June. ATOM up by 25% in the past seven days Cosmos network collaborations such as with Polkadot is likely to increase demand ATOM price up by .04% as of press time ATOM’s bullish streak has lingered on for the past week, showing a price pump of over 25%. The crypto rallying for the past week happened after its successful rebound from the ascending support line. Despite the bullish momentum, ATOM could potentially go through a slippery slope. This may happen due to the fact that the coin is currently trading around its key resistance level. The crypto was able to test its key resistance level in May following an eclipse or crash. Cosmos failed to move past the key resistance zone present on August 24 and 25; respectively. More so, ATOM has also experienced some hurdles present at that price level as seen in the past four days. Related Reading: Dogecoin Slowly Retests $0.06 As DOGE Is Seen Moving Higher Over The Next Days ATOM May Swerve Towards Bearish Detour According to CoinMarketCap, ATOM price is up by 0.04% or trading at $12.83 as of this writing. ATOM seems to be swerving up and down validating a bearish detour. As of press time, ATOM is looking like it’s heading towards a bearish retracement. Further, the altcoin’s selling pressure is considerably low which could be due to Cosmos’ overhaul of its delegation strat...
Hello world!
