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Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday

January 20, 2023

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Cosmos (ATOM)

Cosmos (ATOM), was one of Friday’s notable gainers, as the token moved closer to a key resistance level.

Following a low of $11.70 on Thursday, ATOM/USD raced to an intraday peak of $12.38 earlier today.

As a result of this move, cosmos moved towards a resistance point at the $12.50 level, which was last hit on Monday.

Looking at the chart, the 14-day relative strength index (RSI) is also hovering near a ceiling of its own, at 66.00.

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