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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
ATOM price prediction: Altcoin is trading in a bullish pattern!
The price of Cosmos (ATOM) has been trading within a descending parallel channel since September 2022. This is a bullish pattern that leads to a breakout in most cases. This means that the bulls have an advantage when the price is trading within this pattern. Indeed, after being rejected by the channel's resistance in the last week of 2023 (red arrow), the altcoin price bounced off the channel's midline last week (green arrow). This indicates that sentiment has shifted from selling on rallies to buying on dips. It is also a sign that a breakout is about to take place.
Meanwhile, the weekly RSI indicator bounced up from the 50 level at the same time as the price bounced up from the midline of the channel. Thus, it supported the possibility of a breakout for the altcoin. If a breakout occurs, it is possible for ATOM price to rise to the next important resistance level at $17. This target corresponds to an increase of 67.29% from the current price.
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