Cosmos (ATOM) Price Prediction 2022 – Will Atom reach $40 soon? | Cryptocurrency News

  • Bullish ATOM price forecast is $17.044 to $34.703.
  • universe (atom) The price may also reach $40 soon.
  • The bearish ATOM price forecast for 2022 is $5.894.

In Cosmos (ATOM) Price Forecast 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 Position

According to coingeco, Cosmos (ATOM) is priced at $13.63 and has a 24-hour trading volume of $646,672,145 at the time of writing. However, ATOM is down by around 4.2% in the last 24 hours.

In addition, Cosmos (ATOM) has a circulating supply of 292,586,163 ATOMs. Currently, Cosmos (ATOM) trades on cryptocurrency exchanges such as Binance, BTCEX, OKX, Bybit and Deepcoin.

What is Cosmos (ATOM)?

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

Before the universe, 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 approach. To understand this approach, we need to go back to the basics of blockchain technology.

Cosmos (ATOM) Price Prediction 2022

Cosmos (ATOM) is currently ranked 20th on CoinGecko. ATOM Price Prediction 2022 along with daily time frame is explained below.

ATOM/USDT Descending Channel Pattern (Source: tradingview,

A descending channel is a chart pattern formed by two downward trendlines drawn above and below price representing resistance and support levels. A descending channel pattern is also known as a descending channel or channel down. The upper line is first identified as moving along the higher and is called the trendline. When the price is around the upper trend line, look for short opportunities, although aggressive traders looking for a bounce or pullback may trade long and short on both trend lines.

Another way to trade this pattern is to wait for the price to break through any of the trendlines. Descending channels, like ascending channels, are a tool to determine whether a price trend will continue.

Currently, Cosmos (ATOM) is in the range of $13.63. If the pattern continues, ATOM price may reach the $17.210, $32.131, and $46.468 resistance levels. If the trend reverses, ATOM price could drop to $5.722.

Cosmos (ATOM) Support and Resistance Levels

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

atom / USDT Support and Resistance Levels (Source: tradingview,

From the above daily time frame, we can clearly interpret the following as 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
Atom Resistance and Support Levels

The chart shows that Cosmos (ATOM) has shown a bullish trend over the past month. If the trend continues, ATOM may continue with the bulls overcoming its resistance at $34.03.

Accordingly, if investors go against the crypto, the price of Cosmos (ATOM) could drop to around $5.894, which is 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 time from the previous trading volume. Currently, the RVOL of ATOM is below the cutoff line, indicating weak participants in the current trend.

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

Meanwhile, the Relative Strength Index (RSI) of ATOM is 54.45. This means that Cosmos (ATOM) is neither overbought nor oversold. However, this means that there could be a major price reversal of ATOM in the coming days. Therefore, traders need to trade with caution.

Cosmos (ATOM) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of the Cosmos (ATOM). It helps to measure the overall strength of the trend. The indicator expansion price is the average of the range values. This system attempts to measure the strength of price movement in positive and negative directions by using the DMI indicators along with the ADX.

The above chart shows the ADX of Cosmos (ATOM). Currently, the ADX of ATOM is 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 continuous deviation of price changes over a period of time. ATOM’s RVI is below 50, indicating low volatility. In fact, the RSI for Cosmos (ATOM) is at 47.11, thus confirming a potential sell signal.

Compare ATOM to BTC, ETH . From

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 movement of ETH and ATOM 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 declining price action as a whole slows in momentum and the trend reverses, then Cosmos (ATOM) Possibly reach $50 by 2023.

Cosmos (ATOM) Price Prediction 2024

With several upgrades to the network, Cosmos (ATOM) may be entering an uptrend trajectory. If the coin catches the attention of major investors, ATOM could rally to $55 by 2024.

Cosmos (ATOM) Price Prediction 2025

If Cosmos (ATOM) maintains key resistance levels and is recognized as a better investment option among investors for next 3 years, ATOM will reach $60.

Cosmos (ATOM) Price Prediction 2026

If Cosmos (ATOM) maintains key resistance levels and is recognized as a better investment option among investors for the next 4 years, ATOM will reach $65.

Cosmos (ATOM) Price Prediction 2027

If Cosmos (ATOM) maintains key resistance levels and is recognized as a better investment option among investors for the next 5 years, ATOM will reach $70.

Cosmos (ATOM) Price Prediction 2028

If amidst highly volatile crypto market trends Cosmos (ATOM) holds a strong stance as a better investment option for the next 6 years. ATOM will reach $75 in 2028, driving significant price rallies.

Cosmos (ATOM) Price Prediction 2029

If investors come and continue to place their bets on Cosmos (ATOM), it will see major spikes. ATOM could reach $80 by 2029.

Cosmos (ATOM) Price Prediction 2030

With more progress in the Cosmos ecosystem, the crypto community can continue to invest in ATOM for the next 8 years and drive a significant price rally for the token. Therefore, Cosmos (ATOM) could reach $85 by 2030.

conclusion

With the Cosmos network continuing to improve, we can say that 2022 is a good year for ATOM. For this reason, the bullish price forecast for 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.

Moreover, with progress and upgrades in the Cosmos ecosystem, the performance of ATOM will help it reach its current all-time high (ATH) of $44.45 very soon. But, if investors believe that ATOM is a good investment in 2022, it can even reach $40.

general question

1. What is the universe?

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

2. Where can you buy Atom?

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

3. Will ATOM reach a new ATH soon?

With the ongoing development and upgrades within the ATOM platform, it has a high chance of reaching its ATH soon.

4. What is the current all-time high (ATH) of? universe,

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

5. Is ATOM a good investment in 2022?

Cosmos (ATOM) appears to be one of the biggest gainers this year. According to ATOM’s recorded achievements over 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 cryptos that continues to maintain its bullish position. Finally, if this bullish trend continues, Cosmos (ATOM) will soon reach $40.

7. What will be the price of ATOM by 2023?

The price of Cosmos (ATOM) is expected to reach $50 by 2023.

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

The price of Cosmos (ATOM) is expected to reach $55 by 2024.

9. What will be the price of ATOM by 2025?

The price of Cosmos (ATOM) is expected to reach $60 by 2025.

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

The price of Cosmos (ATOM) is expected to reach $65 by 2026.

Disclaimer: The opinions expressed in this chart are solely those of the author. It is not interpreted as investment advice. TheNewsCrypto team encourages everyone to do their research before investing.

Recommended for you :

Leave a Comment