Weak bullish movement in ATOM market
ATOMUSD Price Analysis – September 23
ATOM may break up the resistance level of $14 provided the bulls increase their pressure; above it are $16 and $18 resistance levels. Should the $14 resistance level holds, the price may decrease to the support level at $13, further increase in the bears’ pressure may push down the price to $8 level.
Resistance levels: $14, $16, $18
Support levels: $13, $10, $8
ATOMUSD Long-term Trend: Bullish
ATOMUSD is bullish on the daily chart. The crypto bounces from the low of $5 on June 18 when the bear’ momentum failed. Buyers take over the market and price soars to the high of $13 with strong bullish momentum. The bulls gain more pressure and it breaks up the resistance level of $13. It increases and tested $16 level on September 09.
The price is … Read more