Cosmos (ATOM) price is moving towards the green buy zone

Cosmos (ATOM) has recently experienced an eye-catching price movement. In the following analysis from our premium environment, we look at these movements and what they mean for the near future of the ATOM price.

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New entry points into the cosmos (ATOM)

Crypto Insiders analysts recently shared new ATOM analysis in the premium environment. They explained the following:

“We see that the price of ATOM has been moving sideways for some time, meaning that there are as many buyers as sellers and the price is neither breaking out up nor down. The price recently faced rejection at the resistance zone between $9.5 and $9.9.

The trend continues to show that the price can rise in the long term. We are therefore paying close attention to the area between $7 and $8.39. If the price gets there, we will look for a good time to buy ATOM.

We will wait for the price to reach this zone for now. The premium environment will keep you up to date with new information and insights as we have them.”

Date of analysis: December 2nd. Link to trading view:

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