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
When Will ATOM Resume It’s Upward Trend?
ATOM has broken out from a long-term descending resistance line.
There is support and resistance at 38,000 and 52,500 satoshis, respectively.
The price is following an ascending support line, in place since June 27.
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