Cosmos Price Prediction for Today, November 05: ATOM Is Under Bullish Pressure ByAzeez MustaphaPRO INVESTOR Updated: 05 November 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage Strong bullish movement in Cosmos market ATOMUSD Price Analysis – November 05 Should Cosmos reach the high of $16.7 and penetrate the mentioned level, ATOM may be exposed to the high of $19.9 and $22.3 resistance levels.  In case bears defend the resistance level of $16.7, Cosmos may decrease to the support level at $15.0, further decrease in the bears’ pressure may push down the price to $13.3 and $12.2 levels. ATOM/USD Market Key levels: Resistance levels: $16.7, $19.9, $22.3 Support levels: $15.0, $13.3, $12.2 ATOMUSD Long-term Trend: Bullish ATOMUSD is bullish on the daily chart. A double bottom chart pattern is noticed on the daily time frame. Atom is under the bears’ control four weeks ago, the bearish power pushed the coin to the support level of $10.5. Another bullish chart pattern formed at the just mentioned level called Double bottom. It is a signal to the traders that buyers are ready to dominate the market. The coin increases and the resistance level of $15.0 is broken upside today. The price is trading above the two EMAs as a sign of bullish movement. The fast Moving Average (9 periods) is above the slow Moving Average (21 periods EMA) and are separated. Should Cosmos reach the high of $16.7 and penetrate the mentioned level, ATOM may be exposed to the high of $19.9 and $22.3 resistance levels.  In case bears defend the resistance level of $16.7, Cosmos may decrease to the support level at $15.0, further decrease in the bears’ pressure may push down the price to $13.3 and $12.2 levels. ATOMUSD medium-term Trend: Bullish ATOMUSD is bullish in the 4-hour chart. A Double bottom chart pattern is concuspiously seen on the 4-hour Time Frame. It is formed at $10.5 support level. The bullish momentum increases and former resistance level of $13.3 and $15.0 is penetrated upside. At the moment, the price is targeting the resistance level of $16.7. The two EMAs are separated from each other and the crypto is trading above the 21 periods EMA and 9 periods EMA which indicate a strong bullish momentum in ATOM market. The relative strength index period 14 is at 71 levels and the signal lines display bullish direction. The IMPT Presale Is Ongoing The IMPT presale continues with a worth of over $12m realized within a few weeks. The Impact Project is to ameliorate the carbon behavior in the environment. It acts as an intermediary between the ESG industry and the crypto world. Dash 2 Trade (D2T) Presale getting Hotter Another cheap and fast-selling token is Dash 2 Trade (D2T) presale. At the moment it has acquired more than $5m for platform development. Related D2T Price Prediction How to Buy D2T Join Our Telegram channel to stay up to date on breaking news coverage