ATOM has been one of the favorite cryptocurrencies for swing traders since mid-June. This is because it has been gradually recovering from its bottom range but in predictable price swings between support and resistance. However, ATOM’s upside is now threatened by resistance near the $12.20 price zone. ATOM retested the same resistance level in the […]
ATOM has been one of the favorite cryptocurrencies for swing traders since mid-June. This is because it has been gradually recovering from its bottom range but in predictable price swings between support and resistance.ATOM retested the same resistance level in the last two days, and each time was characterized by rejection.
Although ATOM can potentially break out of the current resistance level or even the next, there is also a possibility of a sizable retracement. A substantial pullback would likely trigger a cascading effect as more investors adopt a negative sentiment.ATOM’s current outlook based on technical indicators and on-chain metrics suggests that is due for a short-term retracement.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silver production in Peru down 9.1% in June - reportA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Read more »
Ottawa police ask for help identifying six men suspected of robbery and assaultIn a media release, Ottawa police said the incident began at approximately 3:30 a.m. on June 25.
Read more »
Ottawa police ask for help identifying six men suspected of robbery and assaultIn a media release, Ottawa police said the incident began at approximately 3:30 a.m. on June 25.
Read more »
Martinrea reports net income of $25.5M - BNN BloombergMartinrea says it had net income of $25.5 million for the quarter ending June 30, up from $24 million for the same quarter last year.
Read more »
Ottawa police detective allegedly sought links between COVID vaccine and child deathsBetween June 2020 and January 2022, Grus allegedly accessed nine child or infant death cases in which she had no investigative role.
Read more »
RioCan posts second quarter net income of $78.5 million as occupancy rates tick upRioCan Real Estate Investment Trust said revenue totalled $308.4 million for the three\u002Dmonth period ended June 30. Read more
Read more »