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.
As a member of our premium environment, you get access to further analysis and interactive discussions with experts. Test the premium environment now for just 1 euro for the first 30 days. Please note that this analysis is purely informative. Our analysts are not financial advisors.
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.”
Tip: Get an extra 15% from your own cryptocurrency
The Dutch crypto platform Bitvavo makes it possible to earn additional income by “staking” and “lending” cryptocurrencies. “Staking” is like earning rewards by using your cryptocurrency to support a network, similar to interest in a savings account. When you “borrow” you lend your cryptocurrency and receive interest in return. Bitvavo ensures secure storage and offers up to 15% rewards. New customers benefit from exclusive offers.
Do you need help?
In our premium environment you will find our extensive trading plan with the latest updates. As a Premium Member, you enter a safe place where traders of all experience levels share knowledge. Ask experienced analysts and top traders about trading, market trends and crypto topics in a lively community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.
Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes
Post views: 0