Cosmos Atom trades at $12.24, after ending today at $12.25.
Cosmos Atom's state is reflected by market data as Core Retail Sales in United States fell short of market expectations (-0.3%) with a reading of -0.8%, continuing the decline from the previous figure of 0%. Retail Sales in United States fell short of market expectations (-0.4%) with a reading of -1%, continuing the decline from the previous figure of -0.2%. United States CFTC S&P 500 speculative net positions released yesterday at 20:30 UTC with a figure of -307,600, while the previous figure was -321,500.
Trend-focused traders would be interested to note that investors are seeking long positions as Cosmos USD price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Analysis based on the asset volatility indicates that Cosmos Atom's upper Bollinger Band® is at $12.24, suggesting that a downward move may follow.
The current technical outlook indicates Cosmos Atom will continue to ebb sideways within tight ranges for the immediate future.
While Cosmos Atom is pretty flat so far today, mixed performances are seen elsewhere as FTX Token is up 9.54% to $1.36.
Trading mostly sideways for 30 days. 11 months ago Cosmos Atom reached a significant high of $24.67 but has consequently lost 50.36% since then.