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ATOM Experiences Sharp Volatility in 4% Recovery Rally
The volatility comes as BTC continues to make fresh record highs.
Jul 14, 2025, 3:38 p.m.
What to know:
- ATOM trades between $4.64–$4.85, showing a V-shaped recovery amid broader crypto market bullishness as BTC hits $123K.
- Technical indicators turn positive, with MACD crossover and RSI at 62.4 signaling momentum, while volume spikes suggest institutional activity.
- Key levels to watch: support at $4.64–$4.67; resistance at $4.85–$4.86; breakout above $5.46 could target $6.20 and $7.75.
ATOM traded within volatile range between $4.64 and $4.85 on Monday.
The move comes among a backdrop of bullish sentiment after bitcoin rose to fresh record highs of $123,000 on Monday.
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ATOM price action shows classic V-shaped recovery, dropping to $4.64 before rallying hard to the $4.85 level of resistance.
It's worth noting that ATOM remains far lower than the previous bull market when it topped $44.55 in a classic "altcoin season."
In the short term, a break above $5.46 would indicate a bullish break out with upside targets expanding to $6.20 and $7.75.
Technical Indicators Summary
- MACD posts positive crossover signaling bullish momentum shift.
- RSI hits 62.40 showing moderate buying without overbought signals.
- Volume spikes past 40,000 units confirm institutional participation.
- Support zone locks in at $4.64-$4.67 with heavy volume backing.
- Resistance forms near $4.85-$4.86 where selling pressure builds.
- Higher lows pattern around $4.67-$4.68 confirms uptrend continuation.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
Что нужно знать:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
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