Cosmos

Coin

<ul class="news-points"> 
 <li>ATOM rebounds from lows, maintaining positive momentum and staying above $7.20.</li> 
 <li>Increased market cap and trading volume show growing investor enthusiasm for ATOM’s potential.</li> 
 <li>Indicators suggest ATOM’s uptrend is weakening, urging caution for a possible downturn.</li> 
</ul> 
Despite an early bear grip that hit a 24-hour bottom of $7.09, almost exceeding the monthly low of $7.07, positive momentum has prevailed in the <a href="https://coinedition.com/tag/cosmos-atom/" rel="noopener noreferrer nofollow">Cosmos (ATOM)</a> in the previous 24 hours. Buyers stepped in to take advantage of the low prices, and the market swiftly recovered. 
Consequently, the price rose steadily throughout the day, peaking at $7.31 before encountering some resistance. However, the general positive attitude remained strong, and the price stayed above the $7.20 barrier at press time, trading at $7.23. 
ATOM’s market capitalization and 24-hour trading volume climbed by 1.82% and 19.33%, to $2,507,379,032 and $73,105,729, respectively, showing greater investor interest and activity in the cryptocurrency. This increase in market capitalization and trading volume indicates a rising interest in ATOM’s potential and capacity to attract investors. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
 <img decoding="async" width="697" height="541" src="https://coinedition.com/wp-content/uploads/2023/08/Atom-1.png" alt="" class="wp-image-332386" srcset="https://coinedition.com/wp-content/uploads/2023/08/Atom-1.png 697w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-300x233.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-225x175.png 225w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-380x295.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-505x392.png 505w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-90x70.png 90w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-115x89.png 115w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-184x143.png 184w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-573x445.png 573w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-318x247.png 318w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-309x240.png 309w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-213x165.png 213w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-272x211.png 272w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-238x185.png 238w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-104x81.png 104w, https://coinedition.com/wp-content/uploads/2023/08/Atom-1-97x75.png 97w" sizes="(max-width: 697px) 100vw, 697px"> 
 <figcaption class="wp-element-caption"> ATOM/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/cosmos/#News" target="_blank" rel="noopener noreferrer nofollow">CoinM…</a> 
 </figcaption> 
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</div> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/atom-shows-resilience-amid-signs-of-looming-bearish-turn/">ATOM Shows Resilience Amid Signs of Looming Bearish Turn</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ATOM Shows Resilience Amid Signs of Looming Bearish Turn

Coin Edition

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