{"id":9920,"date":"2022-10-04T02:02:30","date_gmt":"2022-10-04T02:02:30","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/04\/cosmos-atom-is-now-bearish-here-are-the-key-technical-indicators\/"},"modified":"2022-10-04T02:02:31","modified_gmt":"2022-10-04T02:02:31","slug":"cosmos-atom-is-now-bearish-here-are-the-key-technical-indicators","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/04\/cosmos-atom-is-now-bearish-here-are-the-key-technical-indicators\/","title":{"rendered":"Cosmos ATOM is now bearish. Here are the key technical indicators"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1643117615965-0edc37c9-d1fc-47a9-8cab-27e7c3e3988a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1643117615965-0edc37c9-d1fc-47a9-8cab-27e7c3e3988a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1643117615965-0edc37c9-d1fc-47a9-8cab-27e7c3e3988a-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1643117615965-0edc37c9-d1fc-47a9-8cab-27e7c3e3988a-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/01\/1643117615965-0edc37c9-d1fc-47a9-8cab-27e7c3e3988a.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The Cosmoverse occasion promised new developments, together with an interchain safety<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>Cosmos native token ATOM has been falling after the occasion<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>ATOM is bearish, however we should always stay eager on technical ranges<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">If you contemplate including positions in Cosmos ATOM\/USD, key technical indicators is probably not convincing. Of course, ATOM has been certainly one of the strongest cryptocurrencies since June. It has defied all bear flags in the sector to stay on an uptrend. However, it has now damaged beneath its nearly 4-month ascending trendline.\u00a0<\/p>\n<p dir=\"ltr\">We all know that ATOM\u2019s beneficial properties preceded the Cosmoverse convention held on September 26-28. A white paper launch for the convention proposes important utilities for the Cosmos ecosystem. Also dubbed Cosmos 2.0, the growth will introduce an interchain safety function. The safety function has been a long-standing situation for customers. The white paper additionally requires modifications in the issuance schedule and utility of ATOM, the native token. These modifications had been no less than anticipated, and that\u2019s why the native token was gaining forward of the convention.\u00a0<\/p>\n<p dir=\"ltr\">Now getting again to the fundamentals, traders are recognized to cost property forward of anticipated pronouncements. Whereas Cosmos 2.0 guarantees main enhancements to the ecosystem, the short-term speculations appear to have waned. Consequently, ATOM trades at $12.68, a drop from $16.95 every week earlier than the Cosmoverse occasion.<\/p>\n<h2 dir=\"ltr\">Atom loses ascending trendline for the first time since June<\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro is a worldwide social funding brokerage firm which provides over 75 cryptocurrencies to spend money on.<\/p>\n<p>It provides crypto buying and selling commission-free and customers on the platform have the choice to manually make investments or socially make investments.<\/p>\n<p>eToro even has a novel CopyTrader system which permits customers to routinely copy the trades of well-liked traders. <\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzY5NTE&amp;component=simple-table&amp;language=en&amp;country=DE&amp;state=Not+Applicable&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ATOM with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm 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=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"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\">\n                    <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\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Capital.com<\/h3>\n<p>Capital.com is a worldwide dealer which provides over 200 cryptocurrencies for its customers.<\/p>\n<p>It comes with a variety of options equivalent to; nice safety, 24\/7 help, demo accounts and all kinds of property.<\/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=NzY5NTE&amp;component=simple-table&amp;language=en&amp;country=DE&amp;state=Not+Applicable&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ATOM with Capital.com today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"81.40% 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=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"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\">\n                    <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\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/09\/03\/1664832074387-d0a7a1a1-837a-489e-be87-2c315fd1b8ef.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"314\"\/>Source \u2013 TradingView<\/p>\n<p dir=\"ltr\">A slip beneath an ascending trendline confirms a bearish transfer for ATOM. The drop occurred after ATOM misplaced an necessary $13.3 help. However, bulls ought to stay optimistic.<\/p>\n<p dir=\"ltr\">ATOM fell to a different help at $12.0, however the bulls are defending the stage. The token has recovered barely above the stage. The RSI reveals a slight upside with no oversold circumstances.<\/p>\n<h3 dir=\"ltr\">Concluding ideas<\/h3>\n<p dir=\"ltr\">It is not but time to purchase ATOM, although the cryptocurrency reveals some stabilization. The $12.0 and $13.3 are the ranges to observe for bullish reversal indicators.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/cosmos-atom-is-now-bearish-here-are-the-key-technical-indicators\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The Cosmoverse occasion promised new developments, together with an interchain safety Cosmos native token ATOM has been falling after the occasion ATOM is bearish, however we should always stay eager on technical ranges If you contemplate including positions in Cosmos ATOM\/USD, key technical indicators is probably not convincing. Of course, ATOM has been certainly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[2539,40,2510,337,336,977],"class_list":["post-9920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-atom","tag-bearish","tag-cosmos","tag-indicators","tag-key","tag-technical","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=9920"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9920\/revisions"}],"predecessor-version":[{"id":9921,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9920\/revisions\/9921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/9922"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=9920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=9920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=9920"}],"curies":[{"name":"wp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