Cosmos’ Atom token fell 4% in the last 24 hours while the short -term cryptography rally on Thursday stopped on Friday.
Market volatility was lower on Friday, partly because of the nation on July 4 in the United States
Bitcoin tried to form a new record on Thursday, but fell just short, going from $ 111,000 to $ 108,000, the majority of altcoins like Atom after his advance.
Technical analysis
- Atom-USD experienced a significant drop of $ 0.17 (3.95%) During the period 24 hours a day, July 3 at 3 p.m. July 2 p.m., the price went from $ 4.22 to $ 4.06.
- The assets established a clear drop trend after failing to maintain support at $ 4.17, with a high volume sale emerging in terms of $ 4.09.
- The volume increased to 588,338 units in 7:00 am on July 4, which is higher than the average of 24 hours.
- Multiple attempts to establish support nearly $ 4.07 have been rejected, which suggests a continuous downward dynamic.
- During the 60-minute period of July 4 1:06 p.m. at 2:05 p.m., Atom-USD decreased by $ 0.03 (0.61%)going from $ 4.09 to $ 4.06.
- A brief recovery attempt occurred at 1:53 p.m. with a price reaching $ 4.07, but Momentum failed to support as the sellers returned.
- The scheme of the lower ups and lower stockings confirms the continuation of the wider downward trend which approaches the level of psychological support of $ 4.00.
The CD20 index plunges 2% while the feeling of the cryptography market deteriorates
The CD20 index experienced a notable downward trend in the last 24 hours of July 3 at 15 a.m. to July 4:00 p.m., lowering $ 1,803.70 to $ 1,765.27, which represents a substantial drop of $ 38.43 or 2.13%.
The overall beach of $ 38.84 (2.15%) Underlines the persistent sales pressure, with a particularly accelerated drop in the last hours, while the index has reached its lowest point of $ 1,764.86 to 2:00 p.m., which suggests deteriorating the feeling of the market despite short attempts at consolidation around the level of $ 1,780.
