Uncertainty continues to shape the cryptocurrency markets while the atom is negotiated between $ 4.383 and $ 4.491.
The cosmos token has demonstrated remarkable stability despite increased volatility on traditional markets, strong support from buyers emerging at key levels.
Recent political developments have created a complex backdrop for digital assets, although Atom’s recovery model during the last hour of negotiation suggests an underlying force in the middle of uncertainty.
Technical analysis
- Atom-USD exchanged in a 2.47% for 24-hour range, oscillating between $ 4,491 and $ 4,383.
- A high volume medium appeared at $ 4.437 during the 1:00 p.m. with an average volume of 1.17 m.
- Resistance level established at $ 4.479 for 7:00 p.m.
- A significant drop -down move occurred at 9:00 p.m. when prices dropped at the period of $ 4.383.
- The recovery scheme was formed in the last hour, with $ 4,449 climbing $ 4,460 (gain of 0.25%).
- Significant volatility at 01:35 has created a solid level of support at $ 4.444 with an exceptionally high volume (41.8 million).
- Regular positive trend was formed from 01:43, establishing higher stockings.
- An upper rise in ripple momentum between 02: 02-02: 04 broken above the resistance level of $ 4.458.
- The 60 -minute negotiation range (1.35%) was tighter than the volatility of the day before, suggesting consolidation with bias bias.