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Cosmos Value Dips 3.1% to $15.61 – The place to Purchase ATOM

The cryptocurrency market has skilled a slight dip in 24 hours. Bitcoin, ethereum, dogecoin, solana and polkadot are among the many cash which have made vital losses. Cosmos ATOM has additionally dipped, and regardless of retaining some value good points remodeled the previous week, the coin might erase these good points if the dip continues.

Cosmos is buying and selling at $15.61 on the time of writing after a 3.1% dip in 24 hours.

ATOM Value Evaluation

ATOM Price Analysis Aug 18
Supply: Tradingview

ATOM’s volatility has been reasonable for the previous few days. At the moment, market assist is missing, given that almost all cash are both consolidating or shifting to decrease ranges. Cosmos (ATOM) has been making a gentle decline prior to now 24 hours, and we might see this pattern progress if market assist continues rising weaker.

After making new month-to-month highs above $17, ATOM is now retreating to retest decrease assist at $14. This assist could possibly be retested if the present market recession continues within the coming days. If merchants rush to dump with worry of additional value dips, we might see ATOM retreat even decrease in the direction of $12.

Alternatively, the current market dip could possibly be what some patrons had been ready for to enter the market whereas the general bullish sentiment remains to be at play. Therefore, if ATOM costs push decrease in the direction of $10, it might current an excellent entry place for merchants neglected through the current bull run. Therefore, we might see one other bullish rally when this occurs.

Cosmos is among the many blockchain networks working to unravel problems with scalability. The blockchain serves as a decentralized platform that enables the alternate of information between a number of blockchains. Cosmos states that a few of its goals contain creating an web of blockchains that will probably be scalable and interoperable. Therefore, it exists as one of many main Ethereum rivals.

The place to Purchase ATOM

If you wish to purchase ATOM tokens, you are able to do so on the next alternate platforms:

One of many main exchanges the place you should purchase this cryptocurrency is eToro. eToro is a famend social copy buying and selling platform that helps new customers by copying the buying and selling methods of knowledgeable merchants. eToro additionally fees low buying and selling charges, and buying and selling on the platform can also be straightforward.

You can too purchase ATOM from KuCoin. Kucoin can also be a preferred alternate that helps a variety of altcoins. KuCoin provides low buying and selling charges, and it additionally helps copy buying and selling to offer new merchants a greater probability of creating earnings.

Trying to purchase or commerce Crypto now? Make investments at eToro!

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