cryptocurrency

Cosmos (ATOM) Pricing Prediction for 2022 – Will ATOM Hit $30 Soon?

  • The bullish ATOM price forecast is $12.472 to $25.337.
  • Cosmos (ATOM) may also hit $30 soon.
  • The bearish ATOM price prediction for 2022 is $5,927.

In the Cosmos Price Prediction (ATOM) 2022, we use statistics, price patterns, RSI, RVOL and other information about ATOM to analyze the future movement of cryptocurrencies.

Cosmos (ATOM) current market situation

according to Queen GekkoCosmos (ATOM) price is $14.09 with a 24-hour trading volume of $641,471,318 at the time of writing. However, ATOM has increased by about 9.5% in the past 24 hours.

Furthermore, Cosmos (ATOM) has a circulating supply of 292.586,163 atoms. Currently, Cosmos (ATOM) is traded on crypto exchanges such as Binance, OKX, MEXC, Deepcoin, and Bybit.

What is the universe (Atom)?

Cosmos is a decentralized network of independent parallel blockchains, each driven by BFT consensus algorithms such as Tendermint Consensus. In other words, the universe is an environment of block chains that can measure and operate on each other.

Before the universe, blockchains were silent and could not communicate with each other. It was difficult to create 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 for 2022

Cosmos (ATOM) is currently ranked 24th on CoinGecko. The ATOM price forecast for 2022 is explained below with a daily time frame.

Ascending Triangle Pattern ATOM / USDT (Source: TradingView)

The above chart for ATOM depicts an ascending triangle, the ascending triangle is a distinct pattern of an ongoing uptrend. This triangle consists of an upper horizontal trend line connecting the highs and a lower trend line connecting the higher lows, and if the trend breaks at the resistance level, the price will continue to rise in this ascending triangle pattern.

Currently, Cosmos (ATOM) is in the $11.16 range if the pattern continues, ATOM could reach the resistance levels at $12.494 and $20.443. If the trend reverses, ATOM could drop to $7,464 and $6,038.

Cosmos Support and Resistance Levels (ATOM)

The chart below shows the support and resistance levels for Cosmos (ATOM).

corn USDT Support and Resistance Levels (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Cosmos (ATOM).

  • Resistance Level 1 – $12.472
  • Resistance Level 2 – $17.151
  • Resistance Level 3 – $25.337
  • Support Level 1 – $8.538
  • Support Level 2 – $5.927

The charts show that Cosmos (ATOM) has had an upward trend over the past month. If this trend continues, ATOM may work in tandem with the bulls breaking the resistance level at $25.337.

Accordingly, if investors turn on the cryptocurrency, the price of Cosmos (ATOM) could drop to close to $5,927, which is a bearish sign.

Cosmos (ATOM) Pricing Prediction for 2022 – RVOL, MA and RSI

The relative size (RVOL) of the universe (ATOM) is shown in the graph 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 is below the cutoff line, indicating the weakness of participants in the current trend.

Also, the Moving Average (MA) of the Universe (ATOM) is shown in the above chart. Notably, Cosmos (ATOM) price is on the 50 MA (short term), so it is in an uptrend. Currently, ATOM has entered an uptrend. Therefore, there is a possibility of a reversal of the ATOM trend at any time.

Meanwhile, the Relative Strength Index (RSI) of ATOM is 47.11. This means that Cosmos (ATOM) is almost in an oversold state. However, this means that a major reversal of the ATOM price may occur in the coming days. Therefore, traders need to trade carefully.

Cosmos (ATOM) Price Prediction for 2022 – ADX, RVI

Let’s now take a look at the Average Directional Index (ADX) of the Universe (ATOM). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

The above chart represents the ADX of Cosmos (ATOM) indicator. Currently, ATOM’s ADX is in the 15.432 range and therefore indicates a weak trend.

The chart above also represents the Relative Volatility Index (RVI) of the Universe (ATOM). RVI measures the continuous deviation of price changes over a period of time. ATOM’s RVI is below 50, which indicates low volatility. In fact, the Cosmos RSI (ATOM) is at 47.11 confirming a possible sell signal.

Comparison of ATOM, BTC and ETH

The chart below shows a price comparison between Bitcoin (BTC), Ethereum (ETH), and Cosmos (ATOM).

BTC vs ETH vs ATOM Price Comparison (Source: TradingView)

From the above chart, we can interpret the price changes of ETH and ATOM moving in a similar direction. This indicates that when the price of ETH increases or decreases, the price of ATOM also increases or decreases, respectively.

Cosmos (ATOM) Price Forecast 2023

If the falling price action completely slows down in momentum and the trend reverses, Cosmos (ATOM) Maybe up to $40 by 2023.

Cosmos (ATOM) Price Forecast 2024

With several network upgrades, Cosmos (ATOM) may enter an upward trajectory. If the coin grabs the attention of major investors, ATOM could rise to $45 by 2024.

Cosmos (ATOM) Price Forecast 2025

If Cosmos (ATOM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, ATOM will rise to $50.

Cosmos (ATOM) Price Forecast 2026

If Cosmos (ATOM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, ATOM will rise to $55.

Cosmos (ATOM) Price Forecast 2027

If Cosmos (ATOM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, ATOM will rise to $60.

Cosmos (ATOM) Price Prediction 2028

If Cosmos (ATOM) is taking a strong position as a better investment option for the next six years amid the trends in the highly volatile cryptocurrency market. By driving significant price hikes, the ATOM will reach $65 in 2028.

Cosmos (ATOM) Price Forecast 2029

If investors flock and continue to place their bets on Cosmos (ATOM), this will see huge gains. ATOM could reach $70 by 2029.

Cosmos (ATOM) Price Forecast 2030

With so much advancement in the Cosmos ecosystem, the crypto community may continue to invest in ATOM over the next eight years, driving up cryptocurrency prices exponentially. Thus, the price of Cosmos (ATOM) could reach $75 by 2030.

conclusion

With the continuous improvements in the Cosmos network, we can say that 2022 is a good year for ATOM. Because of this, the bullish price forecast for Cosmos (ATOM) in 2022 is $25,337. On the other hand, the bearish price prediction for Cosmos (ATOM) for 2022 is $5,927.

Moreover, with developments and upgrades in the Cosmos ecosystem, it will help ATOM’s performance reach an all-time high (ATH) of $44.45 soon. But, it could also reach $30 if investors think ATOM is a good investment in 2022.

Instructions

1. What is the universe?

Cosmos (ATOM) is a cryptocurrency designed to run a blockchain environment.

2. Where can you buy ATOM?

Cosmos (ATOM) is listed on several cryptocurrency exchanges including Binance, OKX, MEXC, Deepcoin, and Bybit.

3. Will ATOM reach a new ATH soon?

With the continuous developments and updates within the ATOM platform, it has a high potential to reach ATH soon.

4. What is the current height at all (ATH) for Cosmos?

On January 17, 2022, ATOM reached an all-time high (ATH) of $44.45.

5. Is Atom a good investment in 2022?

Cosmos (Atom) appears to be one of the most profitable cryptocurrencies this year. According to ATOM’s recorded achievements in the past few months, ATOM is a good investment in 2022.

6. Can Cosmos (ATOM) reach $30?

Cosmos (ATOM) is one of the active cryptocurrencies that is still maintaining its bullish state. Ultimately, if this bullish trend continues, Cosmos (ATOM) will reach $30 soon.

7. How much will ATOM be priced at by 2023?

Cosmos (ATOM) is expected to reach $40 by 2023.

8. What will be the price of ATOM by 2024?

Cosmos (ATOM) is expected to reach $45 by 2024.

9. How much will ATOM cost by 2025?

Cosmos (ATOM) is expected to reach $50 by 2025.

10. What will be the price of ATOM by 2026?

Cosmos (ATOM) is expected to reach $55 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It is not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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