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 daily Cosmos price analysis chart set in while the buyers controlled the ATOM/USD pair price, sending the prices upwards, forming a cup, and handle trends. The bullish momentum did not take long before the bears stormed into the market, causing the price to drop to the intraday lows of $30.7. The Bollinger is wide in most trading sessions on the daily price analysis chart. This is an indication of a highly volatile market. ATOM/USD rice is leaning on the upper Bollinger band is a signal of solid bullish pressure. Source: Coin360 The two most significant digital assets are trading in losses as the sellers control the entire cryptocurrency space leading to price dips. Bitcoin is down by -6.43 percent, while ETH has dropped by -6.21 percent. Other altcoins are also trading in the same trend, recording massive price deviation. The meme coin has recorded more than -15 percent price decline while Solan is trading at -12 percent. Despite most digital asset trading being bearish, some coins have recorded significant price gains in the last 24 hours. OMG is the hottest gainer of the day, recording 17 percent price surge. ATOM/USD 4-hour chart: ATOM pauses before further upside? ATOM’s price has now validated a trading range that spans the $30 to ...
