Cosmos (ATOM) Price Prediction 2023-2030: Will ATOM Price Hit $25 Soon?

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Cosmos (ATOM) Price Prediction 2022
  • Bullish Cosmos (ATOM)price prediction ranges from $10 to $17.
  • Analysis suggests that the Cosmos price might reach above $15.
  • The Cosmos bearish market price prediction for 2023 is $1.065.

Cosmos is a blockchain project that was launched in 2016 on the Ethereum network. Its native token ATOM was initially launched as an ERC-20 token before it migrated to the Cosmos blockchain.

Cosmos investors are bullish on the token since it has had a return on investment (ROI) of over 9.33 times in the past 2 years. The crypto bubble of 2021 led to a such in the price of Cosmos (ATOM) which made it to its present all-time high (ATH) of $44.70 in September 2021. Irrespective of the recent crypto winter, ATOM investors are confident that the future of ATOM is bullish.

If you are interested in the future of Cosmos (ATOM) and would want to know the price analysis and price prediction of ATOM for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

Cosmos (ATOM) Market Overview

🪙 Name Cosmos
💱 Symbol ATOM
🏅 Rank #31
💲 Price $8.82914145918
📊 Price Change (1h) 0.16 %
📊 Price Change (24h) 7.66 %
📊 Price Change (7d) 5.97 %
💵 Market Cap $3451582194.99
💸 Circulating Supply 390930671 ATOM
💰 Total Supply 390930671 ATOM

Cosmos (ATOM) is currently trading at $8.82914145918 and sits at number #31 on CoinMarketCap in terms of market capitalization. There are 390930671 ATOM coins currently in circulation, bringing the total market cap to $3451582194.99.

Over the past 24 hours, Cosmos has increased by 7.66%. Looking at the last week, the coin is up by 5.97%.

What is Cosmos (ATOM)?

The present CEO of Cosmos is Peng Zhong that replaced Jae Kwon. Cosmos migrated to its mainnet in April 2021 after it was initially launched on the Ethereum blockchain. Cosmos hub provides the interchains that are needed for the functions of sovereign blockchains within the Cosmos ecosystem.

It was conceived in 2014. Presently, Cosmos wallet supports interactions between different blockchains in a decentralized manner. Some of the blockchains that are interrupted in the Cosmos blockchain are Ethereum, Binance Smart Chain, and Solana.

Cosmos is known as the Internet of Blockchains. Its use of the Inter-Blockchain Communication protocol enables over 312 assets from different blockchains to be accessed from its applications. It controls over $69 billion worth of assets according to its official platform.

Analysts’ View on Cosmos (ATOM)

Altcoin Daily tweeted that Ethereum creator, Vitalik Buterin is having a like on Cosmos to invest. Therefore, Cosmos is one of the hits these days.

Another tweet from Altcoin daily mentioned that Coin Bureau is so bullish on Cosmos and they made a podcast out of it. 

Cosmos (ATOM) Current Market Status

The maximum supply of Cosmos (ATOM) is infinite, while its circulating supply is 363,020,266 ATOM, according to CoinMarketCap. At the time of writing, Cosmos is trading at $6.79 representing 24 hours increase of 1.42%. The trading volume of Cosmos in the past 24 hours is $69,172,548 which represents a 11.63% increase.

Some top cryptocurrency exchanges for trading Cosmos are  Binance, Coinbase and OKEx.

Now that you know Cosmos and its current market status, we shall discuss the price analysis of  Cosmos (MATIC )for 2023.

Cosmos (ATOM) Price Analysis 2023

Will the Cosmos blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect ATOM’s sentiment over time? Read more to find out about MATIC’s 2023 price analysis.

Cosmos (ATOM) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average.

ATOM/USDT 1-Day Chart Showing Bollinger Bands (Source: Tradingview

From the above chart, it could be observed that ATOM was on a downtrend while hugging the lower band (oversold). It seems like ATOM is returning towards the SMA. Moreover, the developing little red candlestick shows that the buying is dwindling. As such, ATOM’s progression towards the SMA could be hindered. Hence, traders may need to take precautions.

ATOM/USDT 1-Day Chart Showing Bollinger Bands (Source: Tradingview

The above chart shows that Cosmos is on a downtrend and it could keep on going downwards in the future. However, if the traders start to buy the dip, then the price of ATOM could increase and the trend could get green. Moreover, the Bollinger Band Width indicator denotes a value of 50% meaning that the bands have expanded only 50%. As such, there may be an expansion of the band in the future as the traders step in and buy the dip. 

Cosmos (ATOM) Price Analysis – Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued.

ATOM/USDT 1-Day Chart Showing Relative Strength Index (Source: Tradingview)

When considering the chart above, we can see that the RSI value is reducing. It is close to the oversold region and reads a value of 32. Moreover, the RSI is heading towards the Signal line which is just below it. If the RSI line crosses below the Signal line, then ATOM could be considered bearish. 

Moreover, the RSI could be used to find divergences in prices. Usually, the RSI closely follows the price of crypto. If the crypto makes a higher high, the RSI follows it up. However, in the event that the RSI and crypto make varying moves, then, it is considered a divergence. There are two types of divergence which are known as bearish and bullish divergence. 

Cosmos (ATOM) Price Analysis – Moving Average 

The exponential moving average is not much different from the simple moving average. The EMA gives more weightage to the present prices while the SMA equally distributes the values to the frequency. Hence, when the EMA is plotted in the graph it gives a rough idea about how the cryptocurrency has been performing in the past. 

Moreover, the 50-day EMA is considered the short-term length, and the 200-day EMA is considered the long-term.  Whenever the 50-day EMA crosses the 200-day EMA from below it is called a Golden cross, while if it crosses from above, then it is a death cross. However, in this case, we will be using the 50-day EMA as the long-term length and the 10-day EMA as the short-term length. 

ATOM/USDT 1-Day Chart Showing Moving Averages (Source: Tradingview)

We can currently see that both moving averages have been moving downward. This signifies that Cosmos is bearish in the long and short terms. Moreover, ATOM is straying far away from the 50-day EMA, this might be because of the activity of the sellers. However, once ATOM reaches the lowest, then the buyers will step in. When this happens, ATOM could test the 50-day EMA. And with more pressure from the buyers, it could break the 50-day EMA and test the 200-day EMA above it. 

Cosmos (ATOM) Price Prediction 2023-2030 Overview

YearMinimum PriceAverage PriceMaximum Price
2023$10$14.5$20
2024$15$17.2$25
2025$45$58$65
2026$25$33.8$45
2027$35$45$60
2028$45$51.5$75
2029$80$92$105
2030$75$85$95
2040$175$189$200
2050$250$290$350

Cosmos (ATOM) Price Prediction 2023

ATOM/USDT 1-Day Chart (Source: Tradingview)

When considering the above chart we can see that ATOM has been trading inside a falling wedge. If it breaks out conventionally, there is a high possibility that it could break resistance at the $10 level, and $12, and reach $14. The chart shows that there is more trading near $11. As such, ATOM could reach this price level in the future. 

However, if the sellers dominate the market, there is a high chance that ATOM could seek support at $6 or may even reach out to $4.5 for help. Nonetheless, since this is a falling wedge, we could expect ATOM to go higher than lower.  

Cosmos (ATOM) Price Prediction – Resistance and Support Levels

ATOM/USDT 1-Week Chart Showing Resistance and Support Levels: (Source: Tradingview

When looking at the chart above, it could be noted that ATOM reached its maximum price of $44 in 2022. However, after reaching this price, ATOM started descending and after receiving support from the $6.8, there was some upward titled movement but it continued not. As such, ATOM is currently moving sideways and may continue to move sideways. 

Cosmos (ATOM) Price Prediction 2024

There will be Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for Cosmos based on the previous halving. Hence, we could expect Cosmos to trade at a price, not below $17.2 by the end of 2024.

Cosmos (ATOM) Price Prediction 2025

Cosmos may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, Cosmos will continue to rise in 2025 forming new resistance levels. It is expected that Cosmos will trade beyond the $58 level.

Cosmos (ATOM) Price Prediction 2026

It is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, Cosmos could tumble into its support regions. During this period of price correction, Cosmos could lose momentum and be way below its 2025 price. As such, it could be trading at $33.8 by 2026. 

Cosmos (ATOM) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in EOS. As such, we could expect Cosmos to trade at around $45 by the end of 2027. 

Cosmos (ATOM) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, Cosmos may reciprocate its past behavior during the BTC halving. Hence, Cosmos would be trading at $51.5 after experiencing a considerable surge by the end of 2028. 

Cosmos (ATOM) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, Cosmos could be trading at $92 by the end of 2029.

Cosmos (ATOM) Price Prediction 2030

After witnessing a bullish run in the market, Cosmos and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, Cosmos could be trading at $85.

Cosmos (ATOM) Price Prediction 2040

The long-term forecast for Cosmos indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. 

If they start selling then Cosmos could fall in value. It is expected that the average price of Cosmos could reach $189 by 2040.

Cosmos (ATOM) Price Prediction 2050

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such Cosmos could reach $290.

Conclusion

If investors continue showing their interest in Cosmos and add these tokens to their portfolio, it could continue to rise. MATIC’s bullish price prediction shows that it could reach the $14.5 level

FAQ

What is Cosmos (ATOM)?

Cosmos is a daring project that has taken the responsibility to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.

How to buy Cosmos Token?

Like other cryptocurrencies, Cosmos (ATOM) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Kraken, and others.

Will Cosmos surpass its present ATH?

Cosmos has a low possibility of surpassing its present all-time high (ATH) price of $44.90 in 2027.

Can Cosmos reach $25 soon? 

Cosmos is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, Cosmos might reach $14.5 soon.

What is the present all-time low price of Cosmos ?

Cosmos has a present all-time low price of $0.003012.

Where do I store Cosmos

Cosmos can be stored in a cold wallet, hot wallet, or exchange wallet.

When was Cosmos (ATOM) launched?

It was launched in 2016.

What will be the Cosmos (ATOM) price in 2023?

Cosmos is expected to reach $14.5 by 2023.

What will be the Cosmos (ATOM) price in 2024?

Cosmos is expected to reach $17.2 by 2024.

What will be the Cosmos (ATOM) price in 2025? 

Cosmos is expected to reach $58 by 2025.

What will be the Cosmos (ATOM) price in 2026?

Cosmos is expected to reach $33.8 by 2026.

What will be the Cosmos (ATOM) price in 2027?

Cosmos is expected to reach $45 by 2027.

What will be the Cosmos (ATOM) price in 2028?

Cosmos is expected to reach $51.5 by 2028.

What will be the Cosmos (ATOM) price in 2029?

Cosmos is expected to reach $92 by 2029.

What will be the Cosmos (ATOM) price in 2030?

Cosmos is expected to reach $85 by 2030.

What will be the Cosmos (ATOM) price in 2040?

Cosmos is expected to reach $189 by 2040.

What will be the Cosmos (ATOM) price in 2050?

Cosmos is expected to reach $290 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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