ATOM Climbs 4% Amid Bullish Momentum and Consolidation Near Key Support Zone

Cosmos’ native token posts strong technical breakout with rising volume and higher lows, as traders eye Bitcoin’s next move for broader altcoin direction. Cosmos’ native token ATOM posted a robust 4% gain over the past 24 hours, surging from $4.78 to $4.89 between July 27 at 15:00 and July 28 at 14:00 UTC. The token’s bullish advance was supported by clear technical signals, including multiple higher lows and a decisive breakout above the $4.84 resistance level, powered by volume surges that surpassed 1.2 million during key sessions at 06:00, 12:00, and 13:00 UTC. The latter part of the trading window saw ATOM dip briefly from a peak of $4.92 to $4.88 before rebounding to $4.91, reflecting a healthy consolidation phase. This movement was accompanied by diminishing volume, suggesting that the market may be stabilizing around the $4.90-$4.91 support zone as traders await the next directional move. Much of the upcoming price action will depend on whether BTC can break out of its current range and form new record highs, a shift above $124,000 and a period of consolidation would positively benefit altcoins including ATOM. Technical Analysis Summary Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. 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. 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. https://www.coindesk.com/markets/2025/07/28/atom-climbs-4-amid-bullish-momentum-and-consolidation-near-key-support-zone #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple