Största Movers: Valuta, Cosmos Slip på torsdag, som Crypto Economy's Red Wave Returns

Största Movers: Valuta, Cosmos Slip på torsdag, as Crypto Economy's Red Wave Returns

Med kryptovalutamarknaderna fallande på torsdag, XMR och ATOM were two of the biggest movers during the day. Solana närmade sig också en tvåsiffrig nedgång, som tjurar till synes satt ute idag’s session.


Valuta (XMR)

Valuta (XMR) was undoubtedly the biggest bear during Thursday’s session, as the cryptocurrency fell to the #40 position in the top 100.

Efter en hög av $192.23 på onsdag, XMR/USD fell to an intraday low of $167.29, vilket är 12% lower than yesterdays peak.

I dag’s drop saw monero fall marginally below its support point of $170 for the first time since Tuesday, with traders now expecting lower lows.

Tittar på diagrammet, de $153 level could be a target for bears, should they continue to pressure markets into further declines.

i alla fall, should we see this floor re-captured, bulls have shown a tendency to re-enter at this point, so a rebound will likely be inevitable.

Kosmos (ATOM)

Kosmos (ATOM) was another notable mover during today’s session, as prices were unable to sustain Wednesdays break out of resistance.

Efter en hög av $31.21 yesterday, which saw prices marginally move above resistance of $30.25, ATOM/USD has so far fallen to an intraday low of $27.58.

This drop in price has almost completely wiped out all of Wednesdays gains, and now looks set to fall even further to support $26.25.

An obstacle that could prevent this from happening is the 14-day RSI, which currently is sitting at 47.25, a point that has acted as a floor since February 26.

Should this be broken, bears will likely flood the market, i alla fall, we could see a rebound if price strength marginally rises towards the 50 level.

Are there any other movers you think are worth noting today? Let us know your thoughts in the comments.