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The Cosmos price took a heavy toll along with other altcoins from the last crypto crash. Like many other cryptocurrencies, ATOM dropped by around -33%. Our premium customers were forewarned of the crash in the Cosmos price, which is why they were able to limit their losses. But how could the price continue going forward? Is the correction already over or will we go deeper and what are the next goals for ATOM? Let's tackle all of this in this ATOM price prediction article.
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ATOM Price Reaches GoldenPocket – Correction Over?The ATOM price has been able to correct itself to a higher-level GoldenPocket in the past few months. Thus, the price was already able to correct the entire increase in the bull run. After the correction was over, Cosmos price formed an ABC sequence. This ABC sequence was also fully completed so that the price could reach its final goal. Today, prices corrected to the GoldenPocket of the ABC sequence and found support there. This is why the price was able to show a bullish reaction recently.
Fig.1 ATOM/USD 1-day chart showing the heavy correction - TradingView Will ATOM Price Increase soon?The Cosmos price recently broke a trend line. This break signals a possible trend reversal. With the price currently viewing this trendline as support, we anticipate that the Cosmos price could next rally to the +/- $38.77 resistance. If this resistance breaks, we consider the $44.77 target likely as this is the next resistance.
Fig.2 ATOM/USD 4-hours chart showing the potential uptrend of ATOM - TradingViewFor now, the $27 price area looks like a solid stop-loss area. Looking at the next targets is what most traders are doing now, in anticipation of an end of the downtrend. On the other hand, successful traders always consider macro elements, such as the global market conditions, economical and geopolitical situations.
Cosmos ATOM© Cryptoticker
The post ATOM Price Prediction – Is the Cosmos Price Correction Over? appeared first on CryptoTicker.
SkyLaunch joins the Polygon Ecosystem. This collaboration aims to create next-gen multi-chain launchpads. SkyLaunch raised a capital of more than ...
Tether Unveils Open-Source SDK Platform for AI Applications Tether, a prominent player in the blockchain and cryptocurrency space, has recently announced the release of an open-source software development kit (SDK) platform specifically designed for building artificial intelligence (AI) applications. The platform, which aims to empower developers and researchers in the AI field, provides a wide [...]
The post Building AI Apps and an Open-Source SDK Platform: Tether’s Innovative Approach appeared first on Crypto Breaking News.
Tether, the issuer of the world’s largest stablecoin, is expanding its artificial intelligence (AI) capabilities. On Feb. 4, Paolo Ardoino, the company’s CEO, revealed that the firm is working on several AI-driven applications while preparing to launch an open-source software development kit (SDK) platform. According to him: “Tether Data, preview of some of the AI […]
The post Tether is developing several AI apps and an open-source SDK platform appeared first on CryptoSlate.
Tether expands into AI with a new SDK platform, launching apps like a Bitcoin wallet assistant, voice assistant, and translator for privacy-focused users.
NVIDIA's Video Codec SDK 13.0 introduces significant upgrades with support for Blackwell GPUs, enhancing video encoding and decoding capabilities for modern video applications. (Read More)
NVIDIA introduces MV-HEVC in Video Codec SDK 13.0, optimizing 3D video compression and offering significant bitrate savings. Discover its applications in AR/VR and 3D movies. (Read More)
NVIDIA introduces the In-Game Inference SDK to integrate AI characters into gaming, enhancing realism through generative AI models for dynamic interactions. (Read More)
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