ATOM Technical Analysis | Cosmos Technical Analysis | New Year Brings 30% Price Jump Opportunity

Cosmos aims to create a network of crypto networks united by open-source tools for streamlining transactions between them. It’s this focus on customizability and interoperability that sets Cosmos apart from other projects. 

Rather than prioritizing its own network, its goal is to foster an ecosystem of networks that can share data and tokens programmatically, with no central party facilitating the activity. 

The live ATOM token price today is $34.61 with an intraday trading volume of $894,074,665.35. It is down by 3.03% in the last 24 hours. With a live market cap of $7.81 Billion, the coin ranks in the top 30 coins list by CoinMarketCap.

The bullish breakout of the falling channel led to increased bullish attention in the ATOM coin price. The retest of this breakout has driven the coin price higher than the supply zone at $32. The price has increased by more than 30% in the past week.

Let’s have a deepened insight into the technical analysis of ATOM Token and see what the indicators have to say about it.