In the last 24 hours, Kosmos’ atom tokens fell by 4% as Thursday’s short -term crypto rally stopped on Friday.
Due to July 4 holiday in the US, market volatility has decreased on Friday
Bitcoin attempted to create a new record high on Thursday, but simply fell down, slipping from $ 111,000 to $ 108,000, with most altcoins such as its leadership with ATOM.
technical analysis
- Atom-USD experiences a significant decline of $ 0.17 (3.95%) During the 24-hour period from 3 July 15:00 to 4 July 14:00, the price fell from $ 4.22 to $ 4.06.
- The property established a clear dowtrand after failing to maintain support at $ 4.17, emerging at the level of high-length sales at $ 4.09.
- Volume reached 588,338 units during 7:00 hours on 4 July-Important above an average of 24-hour.
- Many attempts to install support near $ 4.07 have been rejected, which suggests a constant recession speed.
- During a period of 60 minutes from 4 July 13:06 to 14:05, Atom-USD declined by $ 0.03 (0.61%)Fall from $ 4.09 to $ 4.06.
- A brief recovery attempt was at 13:53, which rose to $ 4.07, but failed to maintain speed with sellers returning.
- The lower high and lower climbing pattern psychological confirms the continuity of the trend of widespread recession approaching the $ 4.00 support level.
The CD20 index falls 2% because the feeling of the crypto market deteriorates
The CD20 index has experienced a remarkable recession trend from 3 July 15:00 to 4 July 14:00 in the last 24 hours, which represents a sufficient decline of $ 1,803.70 to $ 38.43 or 2.13%from $ 1,803.70 to $ 1,765.27.
Overall limit of $ 38.84 (2.15%) Especially rapidly highlighted in the last hours, highlighting the pressure of consistent sales, as the index reached its lowest point of $ 1,764.86 at 14:00, suggested to deteriorate the market sentiment despite a brief consolidation attempts around the level of $ 1,780.
