Cosmos (ATOM) price surges 8.2% to $2.64, hitting a two-month high, with trading volume also increasing by 20%. On-chain data shows a rebound in network activity, with daily trading volume doubling to 30,000 transactions and active addresses rising to 8,000. Market data indicates active accumulation in the spot market, with a buy-sell spread of 300,000, and open interest in futures contracts growing 10% to $183 million. The Relative Strength Index (RSI) reaches 70, indicating strong buying momentum, with the next key resistance level at $2.70.
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Cosmos (ATOM) price surges 8.2% to $2.64, hitting a two-month high, with trading volume also increasing by 20%. On-chain data shows a rebound in network activity, with daily trading volume doubling to 30,000 transactions and active addresses rising to 8,000. Market data indicates active accumulation in the spot market, with a buy-sell spread of 300,000, and open interest in futures contracts growing 10% to $183 million. The Relative Strength Index (RSI) reaches 70, indicating strong buying momentum, with the next key resistance level at $2.70.