{"id":502925,"date":"2022-09-20T15:50:10","date_gmt":"2022-09-20T15:50:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=502925"},"modified":"2024-06-11T13:00:04","modified_gmt":"2024-06-11T13:00:04","slug":"cosmos-struggles-with-17-as-price-heads-into-distribution-phase","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cosmos-struggles-with-17-as-price-heads-into-distribution-phase\/","title":{"rendered":"Cosmos Struggles With $17 As Price Heads Into Distribution Phase"},"content":{"rendered":"
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ATOM struggles to break $17 as the price gets rejected.<\/strong><\/li>\n
The price of ATOM enters the distribution phase on a daily timeframe.<\/strong><\/li>\n
ATOM’s price needs to hold the key support at $12 to maintain a bullish structure.<\/strong><\/li>\n
Hidden bearish divergence resurfaces in the 4H timeframe.<\/strong><\/li>\n<\/ul>\n
Cosmos (ATOM) has been the major player of the current relief bounce, with price rallying from a region of $6 to $17, with many paying so much attention to its ecosystem as this could prove to be a major player also in the bull run. The price of Cosmos (ATOM) showed so much strength, holding pretty well against tether (USDT) as the market continued to decline in price.<\/span><\/p>\n