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Cosmos (ATOM) Trades Near $1.74 Between Short- and Long-Term Averages

The 14-period daily RSI was 48.65, while the MACD and its signal line both registered 0.0058.

Updated 1 min read
A person checks a phone inside a cryptocurrency trading office in Seoul. / EconoTimes.ai
A person checks a phone inside a cryptocurrency trading office in Seoul. / EconoTimes.ai

Cosmos (ATOM) sat between two sets of moving averages on Oct. 19: Its price near $1.74 lagged four shorter readings while exceeding the 50- and 200-day measures.

The longer averages were $1.71 over 200 days and $1.72 over 50 days. Among the shorter measures, the 20-day average was $1.78 and the seven-day simple moving average stood at $1.75. The 26-day exponential average registered $1.76, compared with $1.77 for the 12-day measure.

At 48.65, the 14-period daily relative strength index, or RSI, was near its midpoint. The moving average convergence-divergence (MACD) reading matched its signal line at 0.0058; the histogram registered 0.0000.

The listed technical levels put the pivot at $1.71. The nearest support was $1.66, followed by $1.58; resistance was listed at $1.79 and then $1.84.

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