1 month ago
ATOM-USD sustained its robust betterment way during the last 60 minutes from 9 July 14:27 to 15:26, climbing from $4.22 to $4.21 contempt opening volatility that witnessed the cryptocurrency trial enactment adjacent $4.18 astir 14:30-14:45 earlier establishing a sustained upward movement.
The play showcased classical method advancement with ATOM securing beardown enactment astir the $4.18 level during the archetypal 30 minutes, followed by a decisive breakthrough supra $4.20 astatine 14:56 that generated accrued measurement enactment surpassing 46,000 units, yet creating caller absorption astir $4.21-$4.22 levels with decreasing volatility successful the last minutes suggesting consolidation supra cardinal intelligence support.
ATOM's emergence comes alongside renewed optimism crossed the altcoin market, with analysts suggesting a imaginable altcoin play if bitcoin tin negociate to signifier a caller grounds precocious and consolidate.
Technical Indicators Signal Continued Strength
- Opening rally to $4.17 astatine 17:00 created cardinal absorption zones astir $4.17-$4.18.
- Solid enactment country established betwixt $4.09-$4.11 during overnight decline.
- Volume surge exceeding 1.11 cardinal during opening breakout sequence.
- Sustained betterment enactment developed from 05:00 forward. • Enhanced trading volumes supra 800,000 during cardinal breakout instances.
- Final hr breakthrough supra $4.20 generated measurement summation surpassing 46,000 units.
- Fresh absorption created astir $4.21-$4.22 zones.
- Decreasing volatility successful last minutes suggests consolidation sequence.
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