5 days ago
The ATOM token experienced notable volatility from June 24 15:00 to June 25 14:00, establishing cardinal absorption astatine $4.14 and uncovering enactment astir $3.99, with important trading volumes suggesting beardown marketplace involvement astatine these terms points.
This terms enactment comes arsenic large organization players similar Nano Labs statesman diversifying beyond Bitcoin, perchance unlocking caller liquidity for antecedently overlooked altcoins successful the ecosystem.
Technical Analysis Highlights
- ATOM-USD exhibited a trading scope of $0.145 (3.6%) implicit the 24-hour play from 24 June 15:00 to 25 June 14:00, moving from a precocious of $4.140 to a debased of $3.994.
- Significant volatility occurred during the 16:00 hr connected June 24th, with terms surging to league highs connected above-average measurement (1.36M), establishing absorption astatine $4.14.
- Support emerged astir the $3.994-$4.005 portion during the 09:00 hr connected June 25th with important measurement (1.02M), suggesting beardown purchaser interest.
- Price recovered to $4.060, forming a imaginable higher debased signifier that could awesome a short-term bullish reversal if measurement supports upward movement.
- In the past 60 minutes from 25 June 13:06 to 14:05, ATOM-USD displayed 1.3% volatility with a terms scope of $0.054.
- A cardinal absorption portion formed astir $4.060-$4.061 betwixt 13:45-13:47, with important measurement spikes (80.2K) during the 13:37 period.
- A little selloff astatine 13:50 pushed prices to $4.049, but buyers rapidly established enactment astatine $4.045.
- The consequent betterment formed a higher debased signifier indicating imaginable bullish momentum heading into the adjacent session.
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