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Data: ATOM Price Rebounds by 2.6%, Trading Volume Increases to $4.38 Million

Summary: According to CoinDesk, Cosmos ecosystem token ATOM experienced a sharp fluctuation from a low of $4.13 to a rebound of $4.24 on August 5th to 6th, marking a 2.6% increase. This rebound was accompanied by a surge in trading volume, reaching $4.38 million in 24 hours, well above the average level. The news of Coinbase ...

According to CoinDesk, Cosmos ecosystem token ATOM experienced a sharp fluctuation from a low of $4.13 to a rebound of $4.24 on August 5th to 6th, marking a 2.6% increase. This rebound was accompanied by a surge in trading volume, reaching $4.38 million in 24 hours, well above the average level. The news of Coinbase adding COSMOSDYDX to its listing roadmap boosted market sentiment, indicating growing institutional interest in Cosmos SDK ecosystem projects. Technical analysis shows that ATOM found strong support near $4.15 and successfully broke through the $4.20 resistance level.

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Link: Data: ATOM Price Rebounds by 2.6%, Trading Volume Increases to $4.38 Million [Copy]

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