Cosmos’ native crypto continues its bullish run up to a 40% bullish gain while other cryptos ebb and flow; NEAR follows with a multi-week high. The native coin of Cosmos protocol, ATOM continues to move upward, hitting new highs every day. At the time of writing, the crypto is trading at $14 after briefly hitting $16 earlier today. It had hit a 4-month high of $13.92 on Thursday amidst the broader crypto market bounce back. That was after the Wednesday dip when ATOM price dropped to just below $12. Ever since the $6 dip in the middle of June, Cosmos token (ATOM) has been on an upward gliding triangle. Notably, ATOM has broken the Relative Strength Index (RSI) barrier and briefly hit $16. Related Reading: TA: Bitcoin Price Trims Gains, Why $20K Is The Key To Fresh Increase As of Thursday, crypto sites were still speculating if ATOM would hit the $15 mark as it continued to rise. Most of these sites opined that it would have to break its Relative Strength Index (RSI) barrier to achieve that. According to them, this hurdle would appear as a ceiling at 63.30. However, ATOM cleared the barrier early this morning, trading at $16 before dropping to its current price, $14. This bullish run makes it a 40% gain ($10) within the space of 3 months. Other Cryptos Rally in The Wake of Sell-odd on Wednesday Additionally, this event comes alongside the wider market rallying from the ongoing massive crypto sell-off. The increasing strength of ...
ETP: Exchange-traded patience
