• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Market Shows Early Signs of Recovery: ATOM and AVAX On the Rise

user avatar

by Giorgi Kostiuk

10 hours ago


The crypto market is beginning to show early signs of recovery as Bitcoin prices rise alongside increasing activity in altcoins like Cosmos (ATOM) and Avalanche (AVAX).

Cosmos (ATOM) Recovery

On the weekly chart, ATOM has formed a classic double-bottom pattern after a prolonged downtrend that began in December 2024. ATOM has now bounced to $4.73, indicating a potential shift in trend. The MACD indicator is also suggesting a possible bullish crossover, indicating potential further growth.

Avalanche (AVAX) Growth

AVAX mirrors ATOM's trajectory, forming a double-bottom after failing to break resistance in December 2024. The price has risen to $19, implying easing selling pressure. The MACD indicator is also signaling a potential bullish crossover, which could lead to further gains.

Outlook for ATOM and AVAX

ATOM has already begun its recovery, whereas AVAX is in the early stages of its rebound, showing the first signs of bullish momentum. However, both tokens will largely depend on broader market sentiment and Bitcoin's ability to sustain its rally.

Both ATOM and AVAX are showing promising reversal patterns, but their ultimate trajectory will greatly depend on market sentiment and Bitcoin's dynamics.

0

Share

Other news

Solana Futures on CME: Initial Insights

Solana (SOL) futures on the CME launch with low interest. Trading volume was $12.3 million, open interest - $7.8 million.

user avatarGiorgi Kostiuk

an hour ago

Digital Currency Trials: Plans of the Bank of Korea

The Bank of Korea starts CBDC trials with 100,000 participants and major banks, assessing digital currency capabilities.

user avatarGiorgi Kostiuk

an hour ago

Bitcoin Price Drop: A Buying Opportunity or a Warning?

Analysts suggest Bitcoin's recent price drop could be a buying opportunity rather than a bear market warning.

user avatarGiorgi Kostiuk

an hour ago

Ethereum's Position Weakens: Another Fall Against Bitcoin

Ethereum remains oversold against Bitcoin amid negative market and on-chain data.

user avatarGiorgi Kostiuk

an hour ago

Latest Arctic Pablo Coin News: Presale, Token Burn, and Staking

Analyzing the latest developments of Arctic Pablo Coin, including presale, token burn, and staking opportunities.

user avatarGiorgi Kostiuk

an hour ago

Binance CEO Dismisses Trump Deal Talks Rumors

Binance CEO Richard Teng dismisses Trump family deal talk rumors at the 2025 Digital Asset Summit.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.