Resistance

Cosmos

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The ATOM coin price showcased a breakout and depicted bullishness.</a> </li> 
 <li> <span>2</span> <a>Bulls are looking aggressive and targeting the $15 mark.</a> </li> 
</ul> 
<p>The Cosmos (ATOM) coin price replicated a sharp comeback and decisively surpassed the neckline hurdle of $12. Moreover, the coin has picked momentum, and an intense surge of over 12% in the intraday session was noted, revealing investor interest. Furthermore, the volatility rate increased from 0.029 to 0.055, with a spike in trading volume signifying the sharp jump of the coin.</p> 
<p>The Cosmos coin (ATOM) price has delivered a rounding bottom formation breakout and climbed above the $12 mark. Moreover, the trend is intact, and the coin will replicate a follow-on bullish marubozu candlestick and may catch the $15 mark soon. Furthermore, the technicals are glimpsing the long buildup activity. However, the coin has yet to cross the high of $ 14.30 to signal a reliable breakout, or else profit booking may be seen soon.</p> 
<p>The Cosmos coin (ATOM) price was $13.80 at press time, with an intraday gain of 10.59%, showing a breakout on the charts. Moreover, the trading volume has increased by 14.90% to $604.97 Million. The ATOM coin has a weekly return ratio of 16.73% and 20.46% on a monthly basis. The pair of ATOM/BTC is at 0.000207 BTC, and the market cap is $4.54 Billion. Analysts are bullish and suggest that the ATOM coin will continue to soar in gains and may reach $20 soon.</p> 
<h2 class="wp-block-heading" id="strong-cosmos-witnessed-v-shaped-reversal-can-atom-reach-20-mark-strong"><strong>Cosmos Witnessed V-Shaped Reversal: Can ATOM Reach $20 Mark?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-1024x474.png" alt="ATOM" class="wp-image-195897" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-143.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: ATOM Price Chart By TradingView
  </figcaption>
 </figure>
</div> 
<p>The <a href="https://www.thecoinrepublic.com/2023/12/24/atom-coin-price-bullish-investors-are-regaining-confidence/" target="_blank" rel="noreferrer noopener">ATOM coin</a> depicted a V-shaped recovery from the support zone of $9 and glimpsed a breakout in the daily charts. Moreover, the technicals are signaling the bullish cues and are suggesting that the up move will continue and ATOM will retest $15, followed by the $18 mark soon. The Open Interest (OI) increased by 2% to $160.26 Million, revealing the long buildup.</p> 
<p>The Relative Strength Index (RSI) curve stayed in the overought zone and formed a positive crossover, exhibiting bullish momentum. Similarly, the MACD indicator showcased a bullish crossover and replicated the green bars on the histogram, suggesting the outperformance for the upcoming sessions.</p> 
<h3 class="wp-block-heading" id="strong-cosmos-depicted-trendline-breakout-is-the-bullish-trend-ahead-strong"><strong>Cosmos Depicted Trendline Breakout; Is the Bullish Trend Ahead?</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-1024x474.png" alt="ATOM" class="wp-image-195898" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-144.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: ATOM Price Chart By TradingView
  </figcaption>
 </figure>
</div> 
<p>The coin has given a falling trendline breakout on the weekly charts, and a massive run of over 30% in the last two trading sessions was noted. The price action showcased a golden crossover, and buyers are looking aggressive and are eyeing to surpass the $15 mark. The coin may stretch the bull move to retest the supply region of $20 in the upcoming sessions.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>The Cosmos coin (ATOM) has given a sharp spike and enlisted a breakout above the $12 mark, revealing the bullish momentum. Moreover, the coin has picked traction and is ready to retest the $20 mark in the following sessions.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support Levels:</strong> $12 and $10</p> 
<p><strong>Resistance Levels:</strong> $15 and $18</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Cosmos (ATOM) Triggered a Breakout: Can ATOM Sail To $15 Mark?

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