Cosmos Crypto: Will ATOM Crypto Price Drop Below $5 in Oct?

Cosmos Crypto: Will ATOM Crypto Price Drop Below $5 in Oct?

1
Cosmos crypto price is currently trading at $6.898 with a rise of 0.94% in the last 24 hours with a current market cap of $ 2.539  Million.
2
Cosmos crypto price decreased by 2.97% over the past seven days.
The price action of the Cosmos crypto showed that selling pressure was noted on the charts and was in a downtrend, forming lower lows over the past few months. Moreover, due to declining investor interest, trading volume was below average. 
Furthermore, the Cosmos showed a decline in user activity which also reacted as a negative sentiment for the crypto and led to bearishness in the charts.
The ongoing trend favors bears, and the crypto was also in a corrective phase, which made buyers cautious. Moreover, Cosmos is below the significant moving averages and tried to attain the 50-day EMA to hold the gains.
At the time of writing, the Cosmos price was trading at $6.898 with an intraday gain of 0.94%, showing a rejection from the upper trendline nea

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We współpracy z: https://www.thecoinrepublic.com/2023/10/06/cosmos-crypto-will-atom-crypto-price-drop-below-5-in-oct/

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