Cosmos token ATOM saw a lot of volatility over the past month and recently posted strong gains in USD terms.
Yet in BTC terms the price is well below the February high. And ATOM / BTC is now nearly 50% below the August high.
The recent positive news flow could spur even more price action so we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cosmos (ATOM/BTC) settled at 0.0004198 BTC at 09:47 AM UTC at the binance exchange on Friday, April 16. In your opinion, will ATOM/BTC trade above 0.0004740 BTC (+12.90%) at any time before April 26?”
-------------------------------------
Assurance: 83%
That’s a bullish indicator. At least in the mid term ATOM looks like a nice pick for a long position.
Yet in BTC terms the price is well below the February high. And ATOM / BTC is now nearly 50% below the August high.
The recent positive news flow could spur even more price action so we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cosmos (ATOM/BTC) settled at 0.0004198 BTC at 09:47 AM UTC at the binance exchange on Friday, April 16. In your opinion, will ATOM/BTC trade above 0.0004740 BTC (+12.90%) at any time before April 26?”
-------------------------------------
Assurance: 83%
That’s a bullish indicator. At least in the mid term ATOM looks like a nice pick for a long position.