ATOM Surges 3% as Cosmos Ecosystem Gains Exchange Support

Technical Analysis Shows Strong Bullish Momentum

ATOM posts volatile trading successful the last hr from 13:06 to 14:05 connected August 7. Price climbs from $4.41 to $4.43 highest astatine 13:40 earlier sliding backmost to $4.41. Net diminution hits 0.02%. Volume spikes to 37,187 units astatine 13:39, pushing terms supra $4.42 resistance. New absorption forms astatine $4.43. Selling unit emerges arsenic measurement fades toward league close. Price consolidates astir $4.41 support.

Key Market Movements and Economic Factors

• ATOM jumps 3.40% successful 23-hour model from August 6 15:00 to August 7 14:00. Breaks cardinal absorption connected dense volume.
• Coinbase lists COSMOSDYDX token connected roadmap. Exchange announces nonstop dYdX enactment connected autochthonal Cosmos network.
• Cronos (CRO) rockets 76% implicit 30 days. Protocol upgrades and ETF speculation with Crypto.com thrust gains.

Cosmos Ecosystem Gains Momentum Amid Market Shifts

Cosmos ecosystem accelerates arsenic ATOM climbs from $4.26 to $4.41. Trading measurement surges. Coinbase embraces Cosmos projects including dYdX autochthonal integration. Rally coincides with broader marketplace rotation. Investors pivot to decentralized alternatives amid commercialized tensions. Monetary argumentation uncertainty weighs connected accepted markets.

Technical Indicators Signal Continued Upside

• ATOM delivers beardown bullish momentum implicit 23 hours from August 6 15:00 to August 7 14:00. Price surges from $4.26 to $4.41, posting 3.40% summation with $0.18 range.
• Token establishes captious enactment astatine $4.29. High-volume confirmation during aggregate retests.
• Resistance emerges astatine $4.34 earlier decisive interruption astatine 10:00 session. Volume hits exceptional 1,695,921 units.
• Breakout supra $4.34 absorption backed by measurement exceeding 24-hour mean of 674,298 units.
• Technical operation stays constructive. Higher lows signifier intact. Momentum indicators enactment further upside.
• Breakout targets $4.43 Fibonacci hold level.

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