As crypto markets fell on Thursday, XMR and ATOM were two of the biggest movers, falling by over 10%
was another notable mover during today’s session, as prices were unable to sustain Wednesday’s break out of resistance.ATOMThis drop in price has almost completely wiped out all of Wednesday’s gains, and now looks set to fall even further to support $26.25.An obstacle that could prevent this from happening is the 14-day RSI, which currently is sitting at 47.25, a point that has acted as a floor since February 26.
Should this be broken, bears will likely flood the market, however, we could see a rebound if price strength marginally rises towards the 50 level.
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