ATOMUSDT With market sentiment starting to turn bearish, with many market participants worried about the Fed's decisions and also the global geopolitical situation, there was a pullback yesterday again in the price of BTC, affecting the entire crypto market, including ATOM.
Meanwhile, technical factors also point to a rally, as ATOM always has a brute buying force. At H2 we are already on the lower edge of the Keltner channel which is a powerful support. Fibonatti imposes a resistance at $13.64 and after breaking it we will reach our target of $14.04.
In terms of other ATOM fundamentals, no worries, high-octane currency; ATOM is reworking its white paper bringing many improvements to the entire COSMOS ecosystem.
Meanwhile, technical factors also point to a rally, as ATOM always has a brute buying force. At H2 we are already on the lower edge of the Keltner channel which is a powerful support. Fibonatti imposes a resistance at $13.64 and after breaking it we will reach our target of $14.04.
In terms of other ATOM fundamentals, no worries, high-octane currency; ATOM is reworking its white paper bringing many improvements to the entire COSMOS ecosystem.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.