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March 18, 2023
While Cosmos Atom is on a 7 day uptrend Today's session might suggest a slow down — Cosmos Atom trades at $13.22, after ending today at $13.17.
With regards to technical trend indicators, chart analysis show that the Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. According to asset volatility analysis, Cosmos Atom's upper Bollinger Band® is at $13.69, suggesting that a downward move may follow.
Notwithstanding Cosmos Atom's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
Meanwhile, mixed performances are seen elsewhere as FTX Token is up 9.54%. Having closed the previous session at $21.65, Solana is up 3.6% today to currently trade at around $22.43.
Trending downwards for around a month. 11 months ago Cosmos Atom reached a significant high of $31.97 but has consequently lost 58.81% since then.
