“COSMOS ‘ATOM TOKEN SLUMPED BY 4% IN THE PAST 24 HOURS as Thursday’s Short-Lived Crypto Rally Came to A Halt on Friday.Market Valativity USBITCOIN ATTEMPTED TO FORM A NEW RECORD HIGH ON Thursday but Fell Just Short, Sliding from $ 111,000 to $ 108,000, with The Majority ExperienCed A notable Decline of $ 0.17 (3.95%) Durying The 24-Hour Period from 3 July 15:00 to 4 July 14:00, with Price Droping from MainTain Support at $ 4.17, with High-Volume Selling Emerging at the $ 4.09 Level.volume Spiked to 588.338 Units Durying The 7:00 Hour on July 4th-Signified Above. Attempts to Establish Support Near $ 4.07 have been Rejected, Suggesting Continued Bearish Momentum.During the 60-minute period from 4 July 13:06 to 14 Droping from $ 4.09 to $ 4.06.A Brief Recovery Attempt Occurred at 13:53 with Price Reaching $ 4.07, But Mmentum Failed to Sustain As Selers Returned.The pattern. Confirms Continination of the Broader Bearish Trend Approaching the Psychological $ 4.00 Support Level.Cd20 Index Plunges 2% As Crypto Market Sentiment Deteriorates The CDECE. Over The Last 24 Hours from 3 July 15:00 to 4 July 14:00, Declining from $ 1,803.70 to $ 1.765.27, Representing A Substantial Drop of $ 38.43 or 2.13%. The Overall Range of $ 38.84 (2.15%) Highlights Persenti Selling Pressure, with Particularly Accelerated Downward Momentum in the Final Hours as the Index Reached Its Lowest Point of Deteriorating Market Sentiment Despite Brief Consolidation Attempts AROUND The $ 1.780 Level.”, – WRITE: www.coindesk.com
Market Valativity Has Been Lower On Friday, In Part Due to the Nation July 4th Holiday in The Us
Bitcoin attempted to Form A New Record High on Thursday But Felle Just Short, Sliding from $ 111,000 to $ 108,000, with The Majority of Altcoins Like Atom Following ITAD.
Technical Analysis
- Atom-USD ExperienCed A notable Decline of $ 0.17 (3.95%) Durying the 24-Hour Period from 3 July 15:00 to 4 July 14:00, with Price Droping from $ 4.22 To $ 4.06.
- The Asset Establissed a Clear Downnt After Failing to MainTain Support at $ 4.17, with High-Volume Selling Emerging at the $ 4.09 Level.
- Volume Spiked to 588,338 Units Durying The 7:00 HURO on July 4th-Significantly Above the 24-Hur AVERAGE.
- Multiple Attempts to Establish Support Near $ 4.07 have been rejected, suggesting Continued Bearish Momentum.
- During the 60-minute period from 4 July 13:06 to 14:05, Atom-USD Declined by $ 0.03 (0.61%), Droping from $ 4.09 to $ 4.06.
- A Brief Recovery Attempt Occurred At 13:53 With Price Reaching $ 4.07, But The Momentum Failed to Sustain As Sellers Returned.
- The Pattern of Lower Highs and Lower Lows Confirms Continuation of the Broader Bearish Trend Approaching the Psychological $ 4.00 Support Level.
CD20 Index Plunges 2% AS Crypto Market Sentiment Deteriorates
The CD20 Index Has ExperienCed A Notable Bearish Trend Over The Last 24 Hours from 3 July 15:00 to 4 July 14:00, Deckling from $ 1,803.70 to $ 1,765.27, Representing 2.13%.
The Overall Range of $ 38.84 (2.15%) Highlights Persenti Selling Pressure, with Particularly Accelerated Downward Momentum in the Final Hours as the Index Reached Its Lowest Point of Deteriorating Market Sentiment Despite Brief Consolidation Attempts AROUND The $ 1.780 Level.
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