1
The coin has been on an uptrend after the double bottom back in October.
2
The ATOM bulls are coming back as the coin is surfing the 50-day EMA..
3
The EMAs have done a bullish crossover, as an indicator of bullish strength.
The volatility of cryptocurrencies, like Cosmos, is well-known. Cosmos began operating properly in December 2019 and continued to become better. March 2020 saw a decline, but it bounced back fast.
It seems that Cosmos’s outstanding performance was influenced by the epidemic. In the later part of 2021 and into early 2022, the Cosmos token continued to generate substantial profits. But the token lost every penny of its two-year gain after April 2022.
Cosmos blockchain is up 30% past month, but lost momentum last week, with less than a 1% gain, and over 4% loss in the past day. This suggests a cooling-off period for the token in the market.
Despite this, market bulls regained momentum and broke through the resistance
We współpracy z: https://www.thecoinrepublic.com/2023/12/24/atom-coin-price-bullish-investors-are-regaining-confidence/
