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Cosmos Token Hits 50% Increase But Technicals Spell Trouble

The Cosmos token hits a 50% increase but the near-term technicals spell trouble for the altcoin as it was trending upward for the past few days while the on-chain metrics show the prices could soon retrace. In our latest cosmos news today, we are reading more about the price analysis. Some retail investors grew overwhelmingly bullish about Cosmos and its price action. The Cosmos token increased 50% in the past three days reaching new all-time highs. Despite the upswing, the technical metrics suggest a pullback is coming soon. The interoperable blockchain network Cosmos was on a roll lately as Atom…

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ATOM Skyrockets Again By 35% To An All-Time High: Analysis

Cosmos’ ATOM skyrockets again by 35% to hit an all-time high as the 17th largest cryptocurrency by market cap surged again and reached $8.67. In today’s altcoin news, we are reading more about it. Comos’ interoperable blockchain token ATOM skyrockets again while on the roller coaster ride in the past 24-hours. The cryptocurrency established a new high of $8.67 and the ATOM/USD exchange rate increased as more traders showed an appetite for the decentralized finance projects. Cosmos has amassed the string of successful DeFi projects earlier including Band Protocol, Terra, Kava, and ThorChain since they mirror the services of Ethereum-backed…

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ATOM Breaks Past $8 For The First Time Ever: Price Analysis

ATOM Breaks Past $8 For The First Time Ever: Price Analysis

ATOM breaks past the $8 price level for the first time since it was created and is now even trading at $8.25 which marks a 30% increase since the past 24-hours alone. In today’s altcoin news, we take a closer look at the price analysis. ATOM is outpacing all other cryptocurrencies in the top 100 while Bitcoin rallied only 0.25% over the past day as the cryptocurrency entered a consolidation pattern. Bitcoin is consolidating which means it is enabling this rally as other altcoins thrive in periods of low volatility. Just a few minutes at the time of writing this…

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