ATM is Looking to Continue the Rally to $15.00
Cosmos (ATM) is experiencing a 5.0% increase, reaching $11.10 this week, outperforming the broader market where Bitcoin (BTC) has seen a 6.3% decline to $41,200. This marks a notable recovery for ATM following a 12.0% drop to $9.24 on Monday. The surge can be attributed to the merger of two significant players in the Cosmos network, propelling ATM by 26.2% to $12.35, the highest level since April 19.
In contrast to the struggles in the broader crypto market, ATM's positive momentum may attract further attention. The next significant resistance for ATM is at $12.50 per token. If this level is surpassed, prices could potentially advance towards $15.00.
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