Cosmos (ATOM) experienced a significant decline of 9.0% this week, with prices dropping to $11.090. On Wednesday, prices dipped even further to $10.640, nearing a crucial support level at $10.000, which coincides with the uptrend support. In light of this, there is a possibility of a rebound towards the $12.500 mark.

Despite the downturn, ATOM benefits from its own support factors, including collaborations with Frax Finance and integration with the Ethereum ecosystem. These partnerships may provide stability and aid ATOM in maintaining its position above the $10.000 support level.