December 18, 2024 ATOM – Cosmos Daily Chart Analysis
Outlook
ATOM current price is 8.53 USDT and the current market cap is 37.792.993 USDT. This chart period started 210 days ago (23 May 2024) with a total of 101 days closing above the opening price and 108 days closing below the opening price. The lowest price was 3.62 USDT on 06 September 2024, and the highest price was 10.68 USDT on 04 December 2024. The current price is 135.93% above the lowest price and 20.13% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 8.81
22-Day Moving Average: 9.07
50-Day Moving Average: 7.13
100-Day Moving Average: 5.81
250-Day Moving Average: 6.40
500-Day Moving Average: 7.87
Moving Average Analysis
The current price is %3.17 lower than the 5-Day moving average and has been below it for 0 days.
The current price is %5.94 lower than the 22-Day moving average and has been below it for 0 days.
The current price is %19.69 higher than the 50-Day moving average and has been above it for 27 days.
The current price is %46.77 higher than the 100-Day moving average and has been above it for 31 days.
The current price is %33.16 higher than the 250-Day moving average and has been above it for 28 days.
The current price is %8.33 higher than the 500-Day moving average and has been above it for 26 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 3.92 USDT on 04 November 2024 and ended by increasing by 44.57% to 5.66 USDT on 11 November 2024.
The longest downtrend is 9 days. It started at 6.34 USDT on 27 July 2024 and ended by decreasing -26.84% to 4.64 USDT on 05 August 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 8.65 USDT on 14-12-2024
Support: 8.64 USDT on 16-12-2024
Support: 8.39 USDT on 17-12-2024
Support: 8.29 USDT on 18-12-2024
Last 7 days resistance levels:
Resistance: 9.35 USDT on 14-12-2024
The lowest support level is 8.29 USDT on 18-12-2024, and the highest resistance level is 9.35 USDT on 14-12-2024. The percentage difference between these levels is approximately 12.9%.
Volume
The previous trading day’s volume (17-12-2024) 3,424,398.81 USDT. Highest volume in the last 210 days is 16,704,190.98 USDT on 24-11-2024. Lowest volume in the last 210 days is 600,233.45 USDT on 16-06-2024. Difference between highest and lowest volume is 2682.95%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 3,906,894.20 USDT
22-day Moving Average Volume: 5,962,785.69 USDT
50-day Moving Average Volume: 6,080,602.27 USDT
100-day Moving Average Volume: 4,213,325.18 USDT
250-day Moving Average Volume: 2,926,241.27 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 3,424,398.81 USDT
Previous day’s volume is 12.35% lower than the 5-day moving average.
Previous day’s volume is 42.57% lower than the 22-day moving average.
Previous day’s volume is 43.68% lower than the 50-day moving average.
Previous day’s volume is 18.72% lower than the 100-day moving average.
Previous day’s volume is 17.02% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -34.48% lower than the 22-day moving average.
22-day moving average is -1.94% lower than the 50-day moving average.
50-day moving average is 44.32% higher than the 100-day moving average.
100-day moving average is 43.98% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 17-08-2024 with a volume of 745,414.37 USDT and ended on 23-08-2024 with a volume of 3,524,986.23 USDT, lasting for 6 days and representing a 372.89% increase.
The longest consecutive volume decrease started on 18-06-2024 with a volume of 4,139,698.27 USDT and ended on 22-06-2024 with a volume of 630,433.80 USDT, lasting for 4 days and representing a 84.77% decrease.
Price Volume Coorelation
During the longest volume increasing period price increased from 4.61 USDT to 5.10 USDT, which represents a 10.47% increase.
During the longest volume decreasing period price increased from 6.69 USDT to 6.74 USDT, which represents a 0.84% increase.
Strategy
“ATOM” is priced at a level 20% lower than its peak seen on December 4th and has recently pulled back to the 500-day moving average and found support from there. All these signs indicate that it is under selling pressure.
A “long” position should not be opened until it closes higher for two consecutive days.
ATOM – Cosmos
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
