Atom Technical Analysis: Next Immediate Resistance Level at $26.72

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We are here to yet again enlighten you about news and predictions from the Crypto community!! 

And today we present to you a technical analysis video on ATOM Token!

ATOM’s network allows users to use the Inter-blockchain communication protocol to exchange digital money and information across multiple decentralized blockchains.

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In the past week, the ATOM price has been In the last 24 hours, ATOM has traded between $23.86-$26.95.

Cosmos has surged by approximately 25% since the blockchain layer 1 boom. Traders and investors have minted money after ATOM gave a box breakout.

The MACD and signal lines are in the positive zone. Plus, a bullish crossover by the Signal line over the MACD line has occurred. 

The RSI indicator is at 72%. It has just risen after taking support from the 69% mark. Thus, it indicates that the buying pressures are high in the market. 

After forming support at$23.46, the price made a new high. However, a breakout from the immediate resistance level of $26.72 will highlight the next resistance at $28.57.

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