Cosmos Price Prediction: ATOM Bullish Above $10 Resistance With RSI Cross

• Cosmos price prediction is seen breaking above the $10 resistance level as ATOM trades bullishly above the moving averages.
• The technical indicator Relative Strength Index (14) is crossing above the 60-level as the signal line points north to encourage more buyers.
• If the red line of the 9-day MA remains above the green line of the 21-day MA, Cosmos (ATOM) can now begin to maintain the uptrend.

The Cosmos price prediction for today, January 3 is looking very bullish. ATOM is trading above the $10 resistance level, and the technicals are also looking bullish. The Relative Strength Index (RSI) is currently crossing above the 60-level, indicating strong buying pressure. Additionally, the signal line is pointing north, which is a sign that more buyers are entering the market.

If the red line of the 9-day Moving Average (MA) remains above the green line of the 21-day MA, then Cosmos (ATOM) can begin to maintain its uptrend. The $10 resistance level is a key level to watch out for, as a break above this level could signal further bullish momentum. The current market cap of Cosmos is $2.8 billion and the circulating supply is 286.3 million.

On the downside, if the bulls fail to hold the support levels at $8, $7, and $6, then the price could fall back to the $4 mark. However, the overall sentiment is still bullish, and the price could eventually break above the $14, $15, and $16 resistance levels.

Overall, the Cosmos price prediction is looking very bullish and the coin is expected to gain more upside momentum in the coming days. Investors should keep an eye on the key support and resistance levels and use them to determine the best entry and exit points for their trades.

Dieser Beitrag wurde am 9. Januar 2023 veröffentlicht, in Allgemein. Setze ein Lesezeichen mit dem Permanentlink.