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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.
ATOM/USD (CoinDesk Data)
ATOM/USD (CoinDesk Data)

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.

ATOM/USD (TradingView)
ATOM/USD (TradingView)

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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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Key bitcoin price levels to watch as downward pressure builds

True Market Mean Price (Glassnode)

As bitcoin remains in a downtrend, several technical and onchain levels stand out as critical areas of support.

What to know:

  • The 100-week moving average at $87,145 remains the main line of defense.
  • Below this, the cost basis of U.S. spot bitcoin ETF buyers at $84,099 has provided support during recent consolidation.
  • A sustained break below $80,000 would likely open the door to a revisit of the April 2025 low near $76,000.