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ATOM Price Holds Channel Support as Paxos Listing Brings New Access

ATOM Price Holds Channel Support as Paxos Listing Brings New Access

Photo: Coinpedia

ATOM is holding near the lower boundary of a long-term descending channel, with chart support around $1.23–$1.385. Paxos has listed ATOM, allowing fintechs and brokerages on its platform to offer the token to customers. Cosmos Hub approved the arrangement through Proposal 1054, with costs covered by the community pool and no monthly fees. Cosmos has spent years grinding lower, but the weekly chart is showing a potentially important test. The ATOM price is holding near the lower boundary of a long-term descending channel, with support around $1.23 to $1.385.

Source: Coinpedia

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