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Cosmos Price Prediction – September 26
The trending outlook of the ATOM/USD market has been in a mooning mode as the crypto’s price holds high around variant resistance lines against some downs. In the last thirty days, the crypto economy has been between the $10.21 and $16.92 value lines with a minute positive percentage rate of 0.04.
Cosmos (ATOM) Statistics:
ATOM price now – $14.09
ATOM market cap – $4 billion
ATOM circulating supply – 286.4 million
ATOM total supply – No Data
Coinmarketcap ranking – #19
ATOM/USD Market
Key Levels:
Resistance levels: $15, $17, $19
Support levels: $12, $10, $8
ATOM/USD – Daily Chart
The ATOM/USD daily chart reveals the crypto-economic market holds high around resistance values obtainable at the smaller SMA trend line. The 14-day SMA trading indicator is at $13.92, above the $12.82 value point of the 50-day SMA indicator. The bullish channel trend .lines have intently kept for a long time to showcase the paths price has been keeping to the upside direction over time. The Stochastic Oscillators are in the oversold region with a slight-dipping mode at 12.12 and 10.55 range values.
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What is the maximal probable point the ATOM/USD market bears can push lower further?
The present declining gravitational force in the ATOM/USD market as of the time of writing can allow bears to maximally push for further lows until around the $12 support level as believed that the crypto market holds high around and within the bullish channel trend lines. At this point, buyers need to be patient toward seeing the emergence of a bullish candlestick from around the value of the 50-day SMA trend line before considering the launching f a buying order.
On the downside of the technical analysis, at the moment, sellers’ reactions around the 14-day SMA trend line presently, if continually holding firmly at a less-active capacity, will be to push down for touch around the bigger SMA’s value point. A breakdown may not be coming forth to make a reliable running mode in the pr. Therefore, short-position placers should be careful of launching new orders to ride alongside the presumed falling force that can happen around that point.
ATOM/BTC Price Analysis
Cosmos is in bullish-trending mode against the pushing capability of Bitcoin over a couple of sessions. In other words, the cryptocurrency pair market holds high around the bullish channel trend lines drawn by the 14-day SMA indicator draws alongside the lower bullish trend line, partly serving as a support tool above the trend line of the 50-day SMA indicator. The Stochastic Oscillators have been in the oversold region, seemingly trying to open the lines northbound at 6.33 and 8.43 range points. That portends the base crypto may soon resume its pushes against the counter crypto.\
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