finbold.com
Cosmos (ATOM) has solidified its position among the top 25 digital assets, currently being traded at a value of $9.31.
Notably, renowned crypto trading expert Ali Martinez has shed light on a compelling observation made on July 19. Martinez identified a falling wedge pattern in the latest chart, suggesting the potential for a substantial surge in ATOM’s value, potentially reaching as high as $10.
Cosmos experienced 16 green days within the last 30 days; however, it is worth noting that ATOM is currently trading below the 200-day simple moving average and has undergone a substantial decline of -79% from its all-time high. These factors indicate the need for careful consideration when evaluating its current investment potential.
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