Cosmos atom increases 10% in a rally in small volume groups

The uncertainty in the Middle East between Iran and Israel continues to shape the performance of the cryptocurrency because the atom demonstrates a remarkable force with a decisive break.

The cryptocurrency increased from $ 3,787 to $ 4.042, establishing new support higher at the psychological level of $ 4.00 with a strong conviction for buyers.

Technical analysis

  • ATOM-USD demonstrated a gain of 6.73% over 24 hours, with a total price range of $ 0.359 (9.52%).
  • The decisive escape occurred at 10:00 p.m. on June 23, with the upward price of the level of resistance of $ 4.00.
  • The negotiation volume during the escape reached 2,027,234 units, almost double the SMA 24 hours out of 1,023,000.
  • A new level of high volume resistance has been established at $ 4.09. • After breaking, Atom maintained the support greater than $ 4.00 with decreasing volatility, which suggests consolidation.
  • During the most recent hour, Atom experienced a bullish escape at 12:03 p.m., from $ 4.035 to $ 4.042.
  • This mini-Mally continued $ 4.046 at 12:04 p.m., representing a gain of 1.0% in just two minutes.
  • The exceptionally high volume during this decision (108,229 units at 12:03 p.m., followed by 91,550 units at 12:04 p.m.) indicates a strong conviction for buyer.

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