The discovery of a developer linked to North Korea who contributed to the Cosmos code between 2022-2024 sparked improved security measures, while major exchanges broaden the implementation options for atom holders despite the market pressure.
Atom is currently negotiated at $ 4.086 after losing 5.52% of its value in the past 24 hours.
Technical analysis
- A net sale occurred between 22: 00-23: 00 hours on June 16 with an exceptionally high volume (1.4 m +), establishing resistance at $ 4.29.
- Support emerged between $ 4.06 and $ 4.07 with an increasing volume, suggesting potential stabilization.
- The overall momentum remains bearish with lower ups that form over several deadlines.
- A significant recovery occurred in the last hour, from $ 4,077 to $ 4.084 (increase of 0.17%).
- Significant bull’s slim between 13: 24-13: 30 saw an atom crossing of $ 4.076 at $ 4.096 over a high volume.
- The time end at $ 4.084 suggests stabilization higher in the support level of $ 4.07.
