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ATOM Price Prediction for Today, September 26: ATOM Holds High

ATOM Price Prediction for Today, September 26: ATOM Holds High

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Cosmos Price Prediction – September 26th
The trend outlook for the ATOM/USD market has been in a bullish mode as the price of the crypto remains high around variational resistance lines against some declines. In the last 30 days, the crypto economy has been between the value limits of $10.21 and $16.92 with a one-minute positive percentage of 0.04.

Statistics of Kosmos (ATOM):
ATOM price now – $14.09
ATOM market cap – $4 billion
ATOM circulating supply – 286.4 million
ATOM total supply – No information
Coinmarketcap ranking – #19

ATOM/USD market
Key levels:
Resistance levels: $15, $17, $19
Support levels: $12, $10, $8

ATOM/USD – Daily Chart
The ATOM/USD daily chart reveals that the cryptocurrency market has high resistance levels available at the lower SMA trendline. The 14-day SMA is trading at $13.92, above the 50-day SMA of $12.82. The ascending channel trend .lines has remained tight for a long time to present paths whose price has remained in an upward direction over time. The stochastic oscillators are in oversold territory with a bit of a dip in the 12.12 and 10.55 range.

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What is the most likely point that the ATOM/USD market can fall further?

The current bearish gravitational force in the ATOM/USD market at the time of writing may allow the bears to drive further downwards to the support level around $12 as the crypto market is believed to be holding high around and within the uptrend channel trendlines. At this point, buyers must be patient to see a bullish candlestick form around the 50-day SMA trendline before considering initiating a fa buy order.

The downside of technical analysis is currently sellers’ reactions around the 14-day SMA trendline, if they hold tight in less active capacity, push down a touch around the higher SMA’s value point. The fault may not appear in order to create a reliable operating space pr. Therefore, short investors should be careful when placing new orders to run alongside the assumed bearish force that may occur around that point.

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ATOM/BTC price analysis

Cosmos is in uptrend mode against the push of Bitcoin for a few sessions. In other words, the cryptocurrency pair market is holding high around the trend lines of the ascending channel drawn by the 14-day SMA indicator, which is parallel to the lower ascending trend line, partially acting as a support tool above the trend line of the 50-day SMA indicator. Stochastic oscillators have been in oversold territory, apparently trying to open lines to the north at 6.33 and 8.43 range points. This suggests that basic cryptography may soon resume its efforts against counter-cryptography.\

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