Cosmos Price Prediction for Today, October 25: ATOM Awaiting a Breakup at $11 Level
Cosmos awaits a breakout ATOM/USD Price Analysis October 25 An increase in the sellers’ momentum may break down the $10 support level, Cosmos may reduce towards the support levels of $8 and $5. When the bulls’ momentum increase, it may break up the resistance level of $11 in which the resistance levels of $13 and $14 may be tested. ATOM/USD Market: Key Levels: Resistance zone: $11, $13, $14 Support zone: $10, $8, $5 ATOM/USD Price Long-term Trend: Bearish Cosmos is bearish on daily chart . The double top chart pattern formed at the resistance level of $16 on 17 September made the bearish trend strong in the Cosmos market. The former support levels of $14 and $13 have turned to resistance levels. The price descended to the low of $10 support level. The price bounced up and retest the resistance level of $11. The price started a consolidation within the $10 and $11 levels. The coin has broken down the 9-day EMA and 21-day EMA, price is trading below the tw...