{"id":9445,"date":"2022-09-26T19:05:47","date_gmt":"2022-09-26T19:05:47","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/09\/26\/is-cosmos-atom-usd-bull-run-over\/"},"modified":"2022-09-26T19:05:47","modified_gmt":"2022-09-26T19:05:47","slug":"is-cosmos-atom-usd-bull-run-over","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/09\/26\/is-cosmos-atom-usd-bull-run-over\/","title":{"rendered":"Is Cosmos ATOM\/USD bull run over?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ATOM has been in bullish momentum since June<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>The token has been getting boosts from the anticipated ATOM 2.0<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>ATOM shaped a double high and is correcting however maintains an uptrend<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Cosmos ATOM\/USD trades 2.93% decrease within the final 7 days as of press time. A bearish MACD crossover confirms a bearish market. The token has, nevertheless, recovered 4.83% in 24 hours. Should this ship shivers that ATOM is now bearish?<\/p>\n<p dir=\"ltr\">ATOM appeared to lose a bullish surge after getting rejected at $16 twice. That resulted within the formation of a double high. Nonetheless, it must be remembered that the token has been bullish since a low of beneath $6 in mid-June. The cryptocurrency trades at greater than double value at $14.4 from the underside value.\u00a0<\/p>\n<p dir=\"ltr\">ATOM\u2019s strengths emanate from the Cosmoverse convention, which begins on September 26 to twenty-eight. This is when followers can have an opportunity to get the small print of the much-speculated ATOM 2.0. In the previous, ATOM has been criticized as a consequence of its inflationary options. ATOM\u2019s inflation depends upon the token\u2019s staking percentages. ATOM 2.0 is anticipated to handle the inflation by means of a tough cap on the availability or burning mechanism.\u00a0<\/p>\n<h2 dir=\"ltr\">ATOM corrects to the $13 minor assist<\/h2>\n<h3>eToro<\/h3>\n<p>eToro is among the world&#8217;s main multi-asset buying and selling platforms providing a few of the lowest fee and charge charges within the trade. It&#8217;s social copy buying and selling options make it an ideal alternative for these getting began.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzYwNjI&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy ATOM with eToro today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<h3>Capital.com<\/h3>\n<p>Capital.com is a world dealer which gives over 200 cryptocurrencies for its customers.<\/p>\n<p>It comes with a variety of options equivalent to; nice safety, 24\/7 assist, demo accounts and all kinds of belongings.<\/p>\n<p>On high of that, it additionally has no inactivity, withdrawal or deposit charges, which makes it stand out from different crypto manufacturers.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/capital-com-crypto?guid=NzYwNjI&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy ATOM with Capital.com today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<p dir=\"ltr\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2022\/08\/26\/1664218127327-57e5ffda-f8ca-484e-9fa7-594780acce03.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"273\"\/>Source \u2013 TradingView<\/p>\n<p dir=\"ltr\">On the technical entrance, ATOM is buying and selling barely above minor assist of $14. The newest correction pushed the token beneath the 20-day MA. However, the token retains the 50-day MA intact, coinciding with an ascending trendline.\u00a0<\/p>\n<p dir=\"ltr\">The MACD indicator exhibits a bearish crossover in step with ATOM correction. At the present stage, the upside seems subdued by a weak momentum. However, the bulls are defending the $13 stage.<\/p>\n<h3 dir=\"ltr\">Concluding ideas<\/h3>\n<p dir=\"ltr\">The Cosmoverse occasion might be extremely watched because it may decide whether or not ATOM will stay bullish. Still, on the present stage, we can not contemplate ATOM\u2019s bull run over because it stays above the ascending trendline. If bears handle to take the token beneath $13, the subsequent stage might be $12. <\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-cosmos-atom-bull-run-over\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ATOM has been in bullish momentum since June The token has been getting boosts from the anticipated ATOM 2.0 ATOM shaped a double high and is correcting however maintains an uptrend Cosmos ATOM\/USD trades 2.93% decrease within the final 7 days as of press time. A bearish MACD crossover confirms a bearish market. The 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