The Cosmos (ATOM) price has been rising at an accelerated rate since reaching a low on June 27.
The price is currently completing a correction, which should end near 38,000 satoshis. Afterward, ATOM is likely to continue moving upwards.
Breakout From Long-Term Resistance
The ATOM price had been following a descending resistance line since it reached a high of 66,110 satoshis on
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.