ATOM Touches $1.65, Dips Below Prior $1.66 Support

Cosmos’ ATOM was near $1.66 at 8:50 a.m. EDT (12:50 UTC) Oct. 24, after reaching about $1.82 and touching $1.65 over the preceding 24 hours. An Oct. 7 analysis of ATOM’s price levels identified $1.66 as support when ATOM traded near $1.71. It also marked $1.61 as another support level. ATOM is the native token of Cosmos Hub. It can be delegated to validators to support Hub security, and stakers can vote on Hub governance. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.