Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process.
Cosmos (ATOM)
Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite falling by double digits to start the weekend.
Today’s fall in ATOM/USD comes as prices failed to maintain a one-month high during yesterday’s session, as its resistance level held firm.
Following a failed breakout of this ceiling, which was at $33.70, ATOM/USD proceeded to fall to a low of $29.71 earlier today.
As of writing, ATOM is trading 8.23% lower, as the 14-day RSI marginally remains neither oversold or overbought, and is tracking at 51.
This is somewhat good news for bulls, who remain optimistic about a potential rebound, with many still hopeful that the $34.00 resistance point could be hit in upcoming sessions.
The recent upward crossover of the 10-day and 25-day moving averag
We współpracy z: https://news.bitcoin.com/technical-analysis-cosmos-down-10-as-anc-extends-recent-gains/
