Press "Enter" to skip to content

Cosmos {ATOM} rallies as alts dip, Game of Zones announcement shared on Twitter


Not too long ago Cosmos was ranked at #26 behind Maker, Ontology and various other projects. Now it is back in the green zone, with a boost rate of 21.77% linked to it. This led to Cosmos landing amongst the top gainers of today. The total market cap of Cosmos is $595.640 million, whereas the supply has 190,688,439 ATOM tokens involved for now. Currently, ATOM is priced at $3.12. The trading volume recorded in the course of the past 24-hours is $218.309 million.

According to the chart connected to the ATOM/USDT pair on tradingview, buyers are propelling this project forward. The daily RSI rests at 63.24 and may head further north past the mark at 70, which shall bring ATOM into overbought territory. The present peak [for the Awesome Oscillator] is green and above the zero line, which points bullish momentum driving this newly-established altcoin.

Resistance may be felt near $3.656 if this surge continues till tomorrow. The MACD line has been climbing over the signal line 6th September onwards. While many alts languished in the market, ATOM was one of the few assets to break through the initial level of resistance and the incrementation hasn’t slowed down yet.

Considering the fact that Cosmos was unveiled a few months ago, an all-time-high near $8.2 was formed back in March.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.