Cosmos price prediction for today, February 11 – ATOM technical analysis

adminFebruary 12, 2024

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According to Cosmos price prediction, ATOM adds a massive 5.23% gain as the coin reaches the resistance level of $10.19.

Cosmos (ATOM): Development of a major subset of security

Cosmos (ATOM) is making progress with Partial Set Security entering the specification phase, enabling faster onboarding of new consumer chains. These developments could lead to a surge in the value of the Cosmos cryptocurrency, which has been trading between $9.15 and $9.56 over the past week.

Cosmos Forecast Statistical Data:

Current Cosmos Price – $10.14
Cosmos market cap – $3.8 billion
Cosmos circulation – 381.8 million
Cosmos total issued volume – 381.8 million
Cosmos CoinMarketCap Ranking – 22nd

ATOM/USD market

Main level:

Resistance levels: $12.5, $13.0, $13.5

Support levels: $7.5, $7.0, $6.5

Cosmos price prediction for today, February 11 – ATOM technical analysis — ATOMUSD – daily chart

ATOM/USD is showing significant upside as the coin has reached the resistance level of $10.19. The coin has already maintained a bullish movement for five consecutive days. However, Cosmos (ATOM) is currently one of the hottest coins in the market and is likely to hit the $10.5 resistance level in the next positive move. So the long-term outlook may still remain optimistic as buyers apply pressure.

Cosmos price prediction: Will Cosmos rise further?

Cosmos price is trading above the 9-day and 21-day moving averages within the channel. On the other hand, if the price breaks towards the upper boundary of the channel, ATOM/USD could continue its upward trend and reach potential resistance levels of $12.5, $13.0, and $13.5.

This means that when the market price crosses below the moving averages, bears tend to revert back into the market and this may cause the market price to reach the nearest support levels of $7.5, $7.0, and $6.5 respectively. However, the 9-day moving average is likely to break above the 21-day moving average, which could signal further bullish signals.

ATOM/BTC is on the rise.

Compared to Bitcoin, Cosmos price has been fluctuating over the past few days, and the coin could break above its 9- and 21-day moving averages and reach resistance levels above 2600 SAT. Meanwhile, further bullish moves could push the cryptocurrency past the upper limit of the channel, which could be a promising signal for buyers.

On the downside, if the bears slide below the lower border of the channel, important support could be located below 1700 SAT. Meanwhile, the nearest resistance level is now above the moving average, and further resistance could be located above 2600 SAT.

ZAYK Charts, who shares insights with his 17.9k followers on He advises his followers to expect waves of bullishness ahead.

$ATOM Breaking the trend line every 4 hours✍️
Expect strong waves📈#atom #ATOMUSDT #Cryptocurrency pic.twitter.com/rCKBZjQgeZ
— ZAYK Charts (@ZAYKCharts) February 7, 2024

Cosmos Alternative

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