Cosmos Hub (ATOM) Poised For Continual Growth

14 дек. 2023 г.

ATOM, despite its correlation with Bitcoin, recorded a 35% rise in December, hitting a local ATH at $12.4. With its yearly high still distant at $17, the cryptocurrency retains considerable growth potential.

ATOM is presently hovering near the selling zone of $11.67-$12.40. Its growth is currently prioritized as buyers demonstrate resilience despite Bitcoin's correction. The next milestone for buyers is set at the $13 level.

Should a local correction occur, ATOM might retreat to the buyer's zones of $10.5-$11, $9.5-$10, and potentially down to $8.81. A drop below this final threshold could indicate a shift to a medium-term bearish trend, with the possibility of further declines.