Digital Currency

Add as a preferred source on Google

Cosmos (ATOM) Falls 8.28% to $1.65, Below $1.66 Support Level

CoinGecko and exchange spot data showed the price at $1.65 as of 09:10 UTC Saturday. An earlier EconoTimes chart map placed $1.58 below its $1.66 support level.

Updated 1 min read
An ATOM token sits below a marked price level in an editorial market graphic / EconoTimes.ai
An ATOM token sits below a marked price level in an editorial market graphic / EconoTimes.ai

Cosmos (ATOM) traded below the $1.66 support level cited in an earlier analysis, with CoinGecko and exchange spot data showing $1.65 as of 5:10 a.m. ET (09:10 UTC) Saturday, down 8.28% over 24 hours.

An Oct. 7 analysis marked $1.66 and $1.61 as support levels. A separate EconoTimes chart map for ATOM put $1.58 below its $1.66 level.

On Oct. 22, an EconoTimes report on Binance futures activity described a 3.07% 24-hour decline in ATOM. Binance’s one-hour futures tally at about 3 a.m. ET (07:00 UTC) recorded 285,542 taker-sell contracts and 168,133 taker-buy contracts, while the price ranged from $1.70 to $1.78.

Related articles

View all