ATOM’s Value Has Risen From $5.55 and Is Aiming for $16+ By CoinEdition

• Analyst Michaël van de Poppe shared his technical evaluation for ATOM yesterday.
• ATOM has strengthened towards BTC and ETH during the last 24 hours.
• The worth of ATOM is at the moment buying and selling at round $13.90.

In a sequence of Twitter (NYSE:) posts, the crypto Twitter dealer Michaël van de Poppe responded to requests to share a few of his newest technical evaluation on particular crypto initiatives. In a tweet made yesterday, the dealer shared his ideas on Cosmos (ATOM).

The dealer’s put up reads: “This one [ATOM] is exhibiting a ton of energy.Lengthy needs to be activated at $13 and now, LTF based mostly, I’d ideally need to see $13.85 maintain for assist.” The dealer then concluded the tweet by sharing his assumptions that it’s going to hit $16+ and take highs.

ATOM is at the moment ranked quantity 19 by CoinMarketCap by way of the largest cryptos by market cap. Its worth has damaged away from the development seen in the remainder of the crypto market after a small climb of 0.12% on the time of writing. In consequence, ATOM is at the moment buying and selling at $13.90.

Evaluating the token to the 2 crypto market leaders, (BTC) and (ETH), will present that the token has strengthened towards each of the leaders. For the time being, ATOM is up 0.91% towards BTC and a pair of.39% towards ETH.

The 24-hour quantity for ATOM has additionally climbed an eye-opening 76.37% to take the whole quantity for the day to $530,632,252.

Every day chart for ATOM/USDT (Supply: CoinMarketCap)

An ascending worth channel has shaped on the day by day chart for ATOM/USDT because the token’s worth printed increased highs and better lows over the previous couple of months. This has taken the value of ATOM from a low of $5.550 to its present worth at $13.90, which is a 250+% improve.

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