Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Trots detta, Anchor protocol was again able to extend gains, klättrar förbi lika mycket som 15% i processen.
Innehåll
Kosmos (ATOM)
Kosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 på lördag, despite falling by double digits to start the weekend.
I dag’s fall in ATOM/USD comes as prices failed to maintain a one-month high during yesterday’s session, as its resistance level held firm.
Following a failed breakout of this ceiling, which was at $33.70, ATOM/USD proceeded to fall to a low of $29.71 tidigare idag.
När jag skrev, ATOM is trading 8.23% lower, as the 14-day RSI marginally remains neither oversold or overbought, and is tracking at 51.
This is somewhat good news for bulls, who remain optimistic about a potential rebound, with many still hopeful that the $34.00 resistance point could be hit in upcoming sessions.
The recent upward crossover of the 10-day and 25-day moving averages will likely be one of the indicators that spurs them on.
Anchor Protocol (ANC)
fredag’s biggest crypto gainer was also Saturday’s, as ANC extended its run, cementing a new record high in the process.
Anchor protocol is now up for a fifth consecutive session, with bulls ignoring the current uncertainty in the market to push its price higher.
När jag skrev, ANC/USD rose to an intraday high of $6.18 during today’s session, which is a new all-time high.
This rise in price momentum comes as the 10-day (red) short-term moving average continues to go from strength to strength, with no signs of any slowing down.
i alla fall, as we know from previous bull runs, what goes up, could eventually come down, and with ANC extremely overbought, bears are likely lurking.
Could we see ANC hit $10 in the next few weeks? Låt oss veta dina tankar i kommentarerna.