ATOM has slipped below 3.60 USD, following a near-total crash, with traders eyeing a possible descent towards 2 USD. A significant decline in staking rewards and fragmentation of the ecosystem have contributed to traders’ anxiety.
Liquidity persisting around 4 USD raises hopes for a rebound, despite current sentiments. The price analysis indicates potential recovery signals, depending on whether ATOM can stabilize and regain previous support levels.
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