- Bullish ATOM price prediction is $17.044 to $34.703.
- Cosmos (ATOM) price might also reach $40 soon.
- Bearish ATOM price prediction for 2022 is $5.894.
In Cosmos (ATOM) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about ATOM to analyze the future movement of the cryptocurrency.
Cosmos (ATOM) Current Market Status
According to CoinGecko, the price of Cosmos (ATOM) is $13.63 with a 24-hour trading volume of $646,672,145 at the time of writing. However, ATOM has decreased by nearly 4.2% in the last 24 hours.
Moreover, Cosmos (ATOM) has a circulating supply of 292,586,163 ATOM. Currently, Cosmos (ATOM) trades in cryptocurrency exchanges such as Binance, BTCEX, OKX, Bybit, and Deepcoin.
What is Cosmos (ATOM)?
The Cosmos is a decentralized network of independent parallel blockchains, each driven by BFT consensus algorithms such as the Tendermint consensus. In other words, the cosmos is an environment of blockchains that can measure and operate on each other.
Before the cosmos, the blockchains were silent and could not communicate with each other. They were hard to generate and could only handle a small number of transactions per second. Cosmos solves these problems with a new technological vision. To understand this vision, we need to go back to the basics of blockchain technology.
Cosmos (ATOM) Price Prediction 2022
Cosmos (ATOM) holds the 20th position on CoinGecko right now. ATOM price prediction 2022 is explained below with a daily time frame.
A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with the highs and is called the trendline. When the price is around the upper trend line, look for short opportunities, although aggressive traders could trade long and short at both trend lines looking for a bounce or pullback.
Another way to trade this pattern is to wait for the price to break through either trendline. Descending channels, like ascending channels, are a tool for determining whether the trend in price will continue.
Currently, Cosmos (ATOM) is in the range of $13.63. If the pattern continues, the price of ATOM might reach the resistance levels of $17.210, $32.131 and $46.468. If the trend reverses, then the price of ATOM may fall to $5.722.
Cosmos (ATOM) Support and Resistance Levels
The chart below shows the support and resistance levels of Cosmos (ATOM).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Cosmos (ATOM).
|Resistance Level 1||$17.044|
|Resistance Level 2||$25.146|
|Resistance Level 3||$34.703|
|Support Level 1||$12.472|
|Support Level 2||$8.585|
|Support Level 3||$5.894|
The charts show that Cosmos (ATOM) has performed a bullish trend over the past month. If this trend continues, ATOM might run along with the bulls overtaking its resistance level at $34.703.
Accordingly, if the investors turn against crypto, the price of Cosmos (ATOM) might plummet to almost $5.894, a bearish signal.
Cosmos (ATOM) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Cosmos (ATOM) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of ATOM lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Cosmos (ATOM) is shown in the chart above. Notably, Cosmos (ATOM) price lies on the 50 MA (short-term), so it is in an uptrend. Currently, ATOM has entered a bullish state. Therefore, there is a possibility of a reversal trend of ATOM at any time.
Meanwhile, the relative strength index (RSI) of the ATOM is 54.45. This means that Cosmos (ATOM) is in neither overbought nor oversold. However, this means a major price reversal of ATOM may occur in the upcoming days. So, traders need to trade carefully.
Cosmos (ATOM) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Cosmos (ATOM). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Cosmos (ATOM). Currently, the ADX of ATOM lies in the range of 22.886 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of Cosmos (ATOM). RVI measures the constant deviation of price changes over a period of time. The RVI of ATOM lies below 50, indicating low volatility. In fact, the RSI of Cosmos (ATOM) is at 47.11 thus confirming a potential sell signal.
Comparison of ATOM with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Cosmos (ATOM).
From the above chart, we can interpret the price changes of ETH and ATOM are moving in a similar trend. This indicates that when the price of ETH increases or decreases, the price of ATOM also increases or decreases respectively.
Cosmos (ATOM) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Cosmos (ATOM) might probably attain $50 by 2023.
Cosmos (ATOM) Price Prediction 2024
With several upgrades in the network, Cosmos (ATOM) might enter a bullish trajectory. If the coin grabs the attention of major investors, ATOM might rally to hit $55 by 2024.
Cosmos (ATOM) Price Prediction 2025
If Cosmos (ATOM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, ATOM would rally to hit $60.
Cosmos (ATOM) Price Prediction 2026
If Cosmos (ATOM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, ATOM would rally to hit $65.
Cosmos (ATOM) Price Prediction 2027
If Cosmos (ATOM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, ATOM would rally to hit $70.
Cosmos (ATOM) Price Prediction 2028
If Cosmos (ATOM) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, ATOM would hit $75 in 2028.
Cosmos (ATOM) Price Prediction 2029
If investors flock in and continue to place their bets on Cosmos (ATOM), it would witness major spikes. ATOM might hit $80 by 2029.
Cosmos (ATOM) Price Prediction 2030
With greater advancements in the Cosmos ecosystem, the crypto community might continue to invest in ATOM for the next 8 years and drive significant price rallies for the token. Hence, Cosmos (ATOM) might hit $85 by 2030.
With continuous improvements in the Cosmos network, we can say that 2022 is a good year for ATOM. For this reason, the bullish price prediction of Cosmos (ATOM) in 2022 is $34.703. On the other hand, the bearish price prediction of Cosmos (ATOM) price prediction for 2022 is $5.894.
Furthermore, with the advancements and upgrades to the Cosmos ecosystem, the performance of ATOM would help to reach above its current all-time high (ATH) of $44.45 very soon. But, it might also reach $40 if the investors believe that ATOM is a good investment in 2022.
1. What is Cosmos?
Cosmos (ATOM) is a cryptocurrency designed to power the blockchain environment.
2. Where can you purchase an ATOM?
Cosmos (ATOM) has been listed on many crypto exchanges which include Binance, OKX, MEXC, Deepcoin, and Bybit.
3. Will ATOM reach a new ATH soon?
With the ongoing developments and upgrades within the ATOM platform, it has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Cosmos?
On Jan 17, 2022, ATOM reached its new all-time high (ATH) of $44.45.
5. Is ATOM a good investment in 2022?
Cosmos (ATOM) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of ATOM in the past few months, ATOM is considered a good investment in 2022.
6. Can Cosmos (ATOM) reach $40?
Cosmos (ATOM) is one of the active crypto that continues to maintain its Bullish state. Eventually, if this bullish trend continues then Cosmos (ATOM) will hit $40 soon.
7. What will be the ATOM price by 2023?
Cosmos (ATOM) price is expected to reach $50 by 2023.
8. What will be the ATOM price by 2024?
Cosmos (ATOM) price is expected to reach $55 by 2024.
9. What will be the ATOM price by 2025?
Cosmos (ATOM) price is expected to reach $60 by 2025.
10. What will be the ATOM price by 2026?
Cosmos (ATOM) price is expected to reach $65 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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