The price of Cosmos (ATOM) has not been left behind by the present cryptocurrency rally. ATOM is currently trading at $7.66, its highest price since the middle of this month. Since its low point in June, the token’s value has increased by about 40 percent.
ATOM is currently positioned to surpass $8.4 resistance, which may solidify a bullish trend. The token also reached its highest level in 11 days on Thursday, as prices increased for the fifth straight session.
Since the broader crypto market has been in a sea of red recently, ATOM has followed suit. After a dismal 10-week weekend, though, buyers are observing some encouraging signs.
Cosmos (ATOM) Hosts dydx On Its Platform
A lot of attention has been paid to $ATOM with