Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Cosmos (ATOM) is positioned for a bullish trend due to its recent significant advancements. Recently, the Cosmos-based Picasso Network announced it had enabled the first Inter-Blockchain Communication (IBC) connection with Ethereum. This breakthrough allows seamless data and token transfers between the Cosmos ecosystem and Ethereum, enhancing interoperability and expanding Cosmos’ utility.
@Cardano Integrates IBC to enhance connectivity from @cosmos & @ethereum to #Cardano. 🥳 ➡️ The implementation of #IBC for Cardano adds another option for connecting #Ethereum Virtual Machine (EVM)-based sidechains to Cardano.https://t.co/oKmqQacs0J#Cosmos #ATOM $OSMO pic.twitter.com/wILGADVPnk
— SmartNodes Validator ⚛️ #CosmosEcosystem (@nodes_smart) July 15, 2024
This development is expected to drive increased adoption and investment in Cosmos, as it solves one of the major challenges in the blockchain space—interoperability. The positive market sentiment is reflected in ATOM’s recent price increase of 2.30%, reaching $11.08. These innovations highlight Cosmos’ potential to become a pivotal player in the decentralized blockchain network.
Key Cosmos Levels To Watch – July 15
The ATOMUSD pair is showing bullish signals as it moves upward from the $5.060 support level. The price has crossed above the 9-period SMA, indicating potential continued momentum.
The RSI is currently at 45.25, trending upward from oversold conditions, suggesting growing buying pressure. The projected target is the $7.270 resistance level, with further potential gains towards $8.50 if this level is broken.
ATOM Key Levels
Resistance Levels: $7.270, $10.630, $13.040
Support Levels: $6.160, $5.550, $5.060
Market Metrics
Total Market Capitalization: $2.33T
Cosmos Market Capitalization: $2.50B
Cosmos Volume: $129.88M
Market Rank: #35
Make money without lifting your fingers: Start using a world-class auto trading solution.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.