ATOM Price Prediction: Is ATOM Anticipating a Correction to $6?

ATOM Price Prediction: Is ATOM Anticipating a Correction to $6?

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The Cosmos price has breached the range of $10 and is revealing a downtrend.
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Investors can expect a slide toward $6 in the next sessions.
Cosmos (ATOM) price has declined over the past weeks and breached the support zone of $10 in the last sessions. This move spikes the bearish momentum and signals that ATOM price will extend the fall and may retest the demand zone of $6 in the following sessions.
ATOM price has slipped below its key moving averages, revealing selling pressure on the charts. The crypto price persists in forming the lower low swings and replicates short buildup activity by the mighty bears. Investors need to note that a close above $10 on a daily timeframe will initiate a reversal, whereas a slip below $8 is a strong sell signal for the following sessions.
The cryptocurrency price was $9.09 at press time, with an intraday drop of 0.61%, showing bearishness on the charts. Moreover, the trading volume increased by 23.78% to $80.29 Milli

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We współpracy z: https://www.thecoinrepublic.com/2024/02/06/atom-price-prediction-is-atom-anticipating-a-correction-to-6/

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