Cosmos (ATOM) Price Analysis – While Everything’s Going Down, Cosmos Goes Up!

Cosmos’ price saw a massive increase in the last 48 hours! Is this only the start? Cosmos Price Forecast – Cosmos breaks the golden ratio! Cosmos was able to break the golden ratio resistance around $5.2. This level then served as a price support a few days ago.   The price of Cosmos was then able to rise by 42% in the last 48 hours! Additionally, the golden crossover is still intact in the daily chart, and the MACD is still developing bullishly. Only the RSI gives reason to worry, as it is coming closer to overbought regions. Top 5 Performing Cryptocurrencies of the Week -(Week 4) Cosmos Price Forecast – Is an all time high coming? Following this, the Cosmos price is only minimally under its all time high of $7.7. Although the RSI has now reached overbought regions, the MACD is still bullish as the trading volume increases in bullish manner. The bullish outbreak from the chart patternand the breaking of the golden ratio are both very bullish indicators. For the time being however, Cosmos (ATOM) could be rejected at the the all time high resistance. Cosmos Price Forecast – Against Bitcoin also near the all time highs! … Continue reading Cosmos (ATOM) Price Analysis – While Everything’s Going Down, Cosmos Goes Up!