Cosmos climbs higher, while Solana's case continues - market tactualizations

After the courses were largely traded on Monday, the cryptocurrency courses slowly began to find support, with some markets recovering when we approached the end of the day.

Kosmos

Such a crypto was Kosmos (atom) , the biggest winner among the top 20, rose almost 10 %at the beginning of the week. atom /USD climbed to an intraday high of $ 36.23, which is about 10 $ from its all-time high (ATH) January 7th.

The movement took place on Monday when the prices of the latest support brand of $ 31.00 recovered after they had a secondary support brand of $ 27.05 at the weekend. This movement, which now looks like a false outbreak, has led to bulls have driven the prices upwards.

A look at the following diagram also shows that a downward cross of the 10ema (red) and the 25a (blue) has taken place, which normally signals a declining momentum, but if the level of support is kept, this could mean higher?

according to the RSI indicator atom /USD, which does not mean that it does not mean that oversized is still overbought, which means that the price dynamics could shift in both directions.

Solana

Although the sale slowed down on Monday when the day approached, the prices at SOL/USD, which is currently in 8th place in the crypto-top-10, was traded by over 11 % lower at the time of writing) and reached an intraday low of $ 81.23

Eliman Damell

Eliman brings a diversified view of the market analysis after working as a broker director, trainer in retail and market commentator in the areas of crypto, stocks and foreign exchange.

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