ATOM Rebounds After Dip, Establishes New Support Level

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By Oliver Knight, CD Analytics

Updated Jun 19, 2025, 2:45 p.m. Published Jun 19, 2025, 2:45 p.m.

  • ATOM cryptocurrency shows resilience, establishing new support at $3.994-$4.000 despite recent market volatility influenced by conflict in the Middle East.
  • The overall range of $0.121 (3.05%) reflects moderate volatility, with a notable bullish surge occurring at 20:00 when price jumped 2.16% on above-average volume, establishing resistance at $4.059.

Tensions in the Middle East continue to shape cryptocurrency markets as ATOM demonstrates remarkable resilience in recent trading.

The Cosmos ecosystem token recovered from a significant dip to $3.939, establishing crucial support around the $4.000 psychological level despite broader market uncertainty.

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Technical analysis

  • ATOM-USD demonstrated resilience over the 24-hour period, recovering from a significant dip to $3.939 at 17:00 on June 18 to establish a new support zone around $3.994-$4.000.
  • The overall range of $0.121 (3.05%) reflects moderate volatility, with a notable bullish surge occurring at 20:00 when price jumped 2.16% on above-average volume, establishing resistance at $4.059.
  • The $4.000 psychological level has emerged as a key support zone with multiple tests confirming buyer interest, while the 4-hour chart shows a developing ascending trendline suggesting cautious bullish momentum despite the late session pullback from $4.029 to $3.998.
  • In the last hour, ATOM-USD experienced significant volatility, dropping sharply from 4.026 to a low of 3.996 at 13:47, breaking below the psychological $4.000 support level.
  • A notable volume spike occurred at 13:33 with over 47,000 units traded during the sell-off.
  • The price found a floor around 3.995 and gradually recovered, crossing back above $4.000 at 14:02, establishing a potential new support zone.
  • This recovery pattern reinforces the resilience mentioned in the 24-hour analysis, with the price now stabilizing at 4.001, suggesting renewed buyer interest after testing lower levels.

Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.

Oliver Knight

CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.

All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.

CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.

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