TL;DR Breakdown Cosmos price analysis is bullish for today.ATOM/USD established a new all-time high at $44.5 overnight.Retracement to retest previous resistance seen earlier today. The Cosmos price analysis for today is bullish, as the market has established a new all-time high at $44.5 and is currently trading just above the $40 previous resistance. As a result, we anticipate ATOM/USD to continue rising in the coming 24 hours as long as the $38 mark holds. The cryptocurrency market was in the red for most of yesterday. Bitcoin and Ethereum, which are the market’s leaders, have shed 4.15 % and 6.6%, respectively. In contrast, Cosmos (ATOM) is the largest gainer, with a 10% gain. Cosmos price movement in the last 24 hours: Cosmos sets a new all-time high at $44.5 The price of ATOM/USD has been in a tight range for the past 24 hours, ranging from $39.1 to $44.54. Volume has increased by 15%, with a value totaling $2.95 billion and a market capitalization of around $9.0278 billion, putting it at the #20th position worldwide. ATOM/USD 4-hour chart: ATOM pauses before further upside? ATOM’s price is currently approaching the $42 level, which it has previously tested. We can see a small retracement on the 4-hour chart as the prior high of $40 is retested. ATOM/USD 4-hour chart. Source: TradingView The last week has seen considerable bullish momentum in the market. After a powerful drop on September 7, a new major swing ...
