Share this article
ATOM Shows Resilience Amid Crypto Market Uncertainty
Despite market uncertainty, Cosmos token maintains stability while trading in a tight range
Jun 4, 2025, 8:07 a.m.
What to know:
- ATOM-USD traded in a 2.47% range over 24 hours, oscillating between $4.491 and $4.383.
- Significant volatility at 01:35 created a strong support level at $4.444 with exceptionally high volume (41.8M).
- Bullish momentum surge between 02:02-02:04 broke above the $4.458 resistance level.
Uncertainty continues to shape cryptocurrency markets as ATOM trades within a tight range between $4.383 and $4.491.
The Cosmos token has demonstrated remarkable stability despite heightened volatility in traditional markets, with strong buyer support emerging at key levels.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Recent political developments have created a complex backdrop for digital assets, though ATOM's recovery pattern in the last trading hour suggests underlying strength amid the uncertainty.
Technical Analysis
- ATOM-USD traded in a 2.47% range over 24 hours, oscillating between $4.491 and $4.383.
- Strong volume support emerged at $4.437 during the 13:00 hour with above-average volume of 1.17M.
- Resistance level established at $4.479 during the 19:00 hour.
- Notable bearish move occurred at 21:00 when prices dropped to the period low of $4.383.
- Recovery pattern formed in the last hour, with ATOM climbing from $4.449 to $4.460 (0.25% gain).
- Significant volatility at 01:35 created a strong support level at $4.444 with exceptionally high volume (41.8M).
- Steady uptrend formed from 01:43 onward, establishing higher lows.
- Bullish momentum surge between 02:02-02:04 broke above the $4.458 resistance level.
- 60-minute trading range (1.35%) was tighter than previous day's volatility, suggesting consolidation with bullish bias.
AI 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.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Traders mull the bottom as bitcoin returns to week's lows below $86,000
One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.
What to know:
- Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
- Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
- One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.
Top Stories
