Cosmos (ATOM): How Does the Chart Look Monday?

Cosmos receives a strong long-term technical score of 67 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. ATOM currently holds a superior long-term technical analysis score than 67% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Cosmos a 67 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Cosmos!

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Trading Analysis

The current trading price of $11.760000000 for ATOM is $1.5900000 (15.58%) above the coins 100-day moving average of $10.170000000. ATOM meanwhile is $6.1700000 (13.58%) above its 52-week low of $5.590000000 and -$32.94000000 (3.94%) under its 52-week high price of $44.700000000. Cosmos's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 67. The price movement and range of ATOM suggest that investors are neutral on the coin at this time. Cosmos has a total market value of $3,367,488,095.78 with an high average daily volume of $1,943,704,383.43 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, ATOM's volume is below its average with $302,634,011.01 exchanged in total. This coin's subclass Content: Crypto projects with a focus on producing additional content for users invested into the underlying ecosystem. Content creators can use blockchain technology distribute content to a group of subscribers or investors.

Summary

ATOM's historical trading over the past year gives it a a strong long-term technical score of 67 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Cosmos (ATOM).