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Cosmos Price Prediction 2024-2030: Will ATOM Recover ATH?

Key takeaways

  • Cosmos price surged earlier in the bull run of 2021 and then reached its all-time high of $44.54 later in 2022.
  • If the market is confirmed to enter a bull run, its price can reach $37 by the end of 2025.
  • Other factors like use case, market sentiment, and updates can push its price above $100 by the end of 2030.

The Cosmos ecosystem was founded by Ethan Buchman and Jae Kwon in 2014 with the ICF’s support. The company launched its ICO in 2017, after which the network went live two years later. 

While it started strongly and reached its all-time high above $44 in January 2022, the price eventually plummeted under the market’s bearish sentiments. 

Since then, it has struggled to recover up to the same levels. However, quite recently, the coin has found strong support at the $6.6 level, so it is not likely to dip below that point.

 The bottom for this coin might be in, which means that investors looking to enter into Cosmos now can make good returns. Once the market’s structure becomes bullish, more eyes turn towards altcoins. 

As the crypto market is slowly improving, many crypto investors are asking, “Can Cosmos hit $100 in the short term and long-term?” and, “Will Cosmos price recover to its all-time high of $44?”

Let’s get into the details.

Overview

CryptocurrencyCosmos
TokenATOM
Price$8.48
Market Cap$3,316,852,114
Trading Volume$74,387,052
Circulating Supply390,930,671 ATOM
All-time High$44.47
All-time Low$5.60
24-hour High$8.5344
24-hour Low$8.433

Cosmos Price Prediction: Technical Analysis

MetricValue
Price Prediction$1.0193 (4.81% increase)
Volatility11.85%
50-Day SMA0.966
14-Day RSI44.86
SentimentSlightly bullish
Fear & Greed Index67 (Greed)
Green Days17/30
200-Day SMA0.9656

Cosmos price analysis: ATOM/USD continues to consolidate sideways between $9.06 and $7.9

TL; DR Breakdown 

  • ATOM/USD is currently moving sideways with a lot of bearish pressure. However, its support is strong at the $6.6 level.
  • It retested the resistance at $9.0 and broke past before creating a new local high there and rebounding lower within the range. 
  • This can be a good time for long-term investors to buy ATOM/USD.

Our current Cosmos price analysis on 26th May 2024 shows a lack of volatility in the market. Furthermore, the price of ATOM has continued to consolidate and trade sideways since 14th April, in the average ranges of $9.06 and $7.9. Based on this information, what may happen next is very uncertain.

Cosmos price analysis 1-day chart: ATOM/USD continues to move sideways

The Cosmos 1-day price chart shows that the coin dipped from a high of $11.3 on 9th April 2024 all the way down to $7.23 on 13th April. Since then, it has moved sideways between two key support and resistance levels. Breaking above may be difficult until the market’s sentiments turn heavily bullish.

Cosmos 1-day chart (Source: Tradingview)

The RSI levels are also at 46.75 on the daily chart, which suggests that the market is balanced and does not lean towards either the oversold or overbought side. It is highly likely that Cosmos will continue to consolidate on the daily chart until we get a new confirmation. 

ATOM/USD 4-hour price chart: Cosmos once again gears to retest $0.87 support 

The 4-hour Cosmos chart is quite similar to its daily chart as it further gives us confirmation of the sideways price action. However, we can see the price action more spread out. Even though the price broke above the resistance level and touched $9.5 on 6th May, it struggled to stay at that level. 

Cosmos 4-hour chart (Source: Tradingview)

Instead, it renounced back between the range after creating a local high at that point. For now, Cosmos needs to retest and break above the resistance level at $9 in order to recover momentum.

What to expect from ATOM price analysis next?

There isn’t much volatility in the Cosmos market at the moment as the price of atom just continues to move sideways within a narrow range. It is highly likely that its price has already bottomed out at $6.6 and that it won’t dip lower.

Cosmos 1-day chart (Source: Tradingview)

Overall, there is a good chance that ATOM/USD will break above this range and start a recovery to the upside. 

Cosmos Technical Indicators: Levels and Action 

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$8.42SELL
SMA 5$8.45SELL
SMA 10$8.55SELL
SMA 21$8.67SELL
SMA 50$8.90SELL
SMA 100$10.35SELL
SMA 200$10.15SELL

Daily Exponential Moving Average (EMA) 

PeriodValueAction
EMA 3$0.942SELL
EMA 5$0.948SELL
EMA 10$8.55SELL
EMA 21$8.62SELL
EMA 50$9.15SELL
EMA 100$9.60SELL
EMA 200$9.71SELL

Recent News

  • Cosmos is developing the ATOM decentralized VPN, which is currently in its early version and will allow users to pay for the service using $ATOM.

Cosmos Price Prediction May 2024

Cosmos has been down significantly from its all-time high, so there is not likely to be any significant upward momentum at the moment. Overall, ATOM/USD is expected to consolidate between $8 and $9.49 (the current local resistance level). 

Cosmos Price PredictionPotential LowPotential AveragePotential High
Cosmos Price Prediction May 2024$7.24$8.37$9.50

Earlier in April, ATOM’s price fell from $11.324 to $7.243 over the course of a single week. So, we have strong support at that lower bound. At the same time, it has struggled to break through the monthly resistance level of $9.507 and continues to consolidate sideways. We can expect it to continue its sideways movement until the overall crypto market becomes more bullish.

Cosmos Price Prediction 2024

After the recent ETH ETF approval, the overall market structure has become slightly bullish. Hence, over the next few months, we can expect more money to flow into the crypto market. Provided that the world’s economic state and geopolitical tensions don’t worsen, we can see improvement in Cosmos by Q4 of 2024. 

Cosmos Price PredictionPotential LowPotential AveragePotential High
Cosmos Price Prediction 2024$9.8$12.15$14.5

The market can anticipate a recovery above $11.4 and retest of the $14.5 mark. There’s a good chance for the price to break above these values if a bull run is confirmed.

Cosmos Price Predictions 2025-2030

YearMinimum PriceAverage PriceMaximum Price
2025$7.58$22.25$37.50
2026$9.90$31.85$53.8
2027$12.20$16.75$21.30
2028$10.40$14.42$18.45
2029$11.94$43.17$74.40
2030$15.32$59.76$104.2

Cosmos Price Prediction 2025

Provided that the market’s structure keeps improving and the bull market starts by 2025, we can see more investments flowing into Cosmos. At that point, it would mark 6+ months since Bitcoin’s halving. Hence, Cosmos may reach a high of up to $37. However, in the worst-case scenario, we can see it plummeting to $7.58 before finding major support at that level. 

Cosmos Price Prediction 2026

The growth in Cosmos’s average price can continue later in 2026, with the yearly high expected to be at around $53 and the yearly low at $9.90. This can lead to an increase in the selling pressure, and early investors may want to trim their profits. Overall, the average price in 2026 will be about $31.9.

Cosmos Price Prediction 2027

With massive sell pressure in 2026, Cosmos may take a hit in 2027 and plummet down to a high of only $22.40 this year. During this time, its support levels may have slightly risen to about $10. If we look at its previous chart and assume that it will continue to follow market trends, it may stabilize between these two levels.

Cosmos Price Prediction 2028

The bearish structure of 2027 can continue to impact live average price of the market until 2028, and Cosmos can continue its rally down with the average price hovering in the range of $14 – $15 and a yearly high of around $19 resistance levels.

Cosmos Price Forecast 2029

Our Atom price forecast for 2029 is quite bullish. It may break its previous high of 2026 and form another all-time high at $73.20. However, this requires the market to respect its previous trends and bullish/bearish cycles from the past years.

Cosmos (ATOM) Price Prediction 2030

We can expect Cosmos to peak even further in 2023, at about $107.11 high and a low of $15.90. However, for this to happen, the platform must undergo some key developments with increased adoption. Overall, its utility and usage determine its price so far down the road. 

Cosmos Market Price Prediction: Analysts’ ATOM Price Forecast

Firm Name20242025
Coincodex$8.76$22.25
DigitalCoinPrice$18.01$20.10
Changelly$10.02$15.35

Cryptopolitan’s Cosmos (ATOM) Price Prediction

At Cryptopolitan, we are bullish on the future price of Cosmos as it has previously marked an all-time high of $44 and there is no reason why it cannot retrace back to those levels in the long-time. However, this would predominantly depend on its buying demand and the sentiments of investors over the next few years. 

We are expecting Cosmos to potentially recover to $37 by the end of this year.

Cosmos Historic Price Sentiment 

  • Cosmos ICO was released in 2017, and the network became ready to use after two years in 2019. It was founded by Ethan Buchman and Jae Kwon. 
  • Cosmos price peaked during the bullish cycle of 2021, when it reached above $44.
  • After 3rd April 2022, Cosmos’s price plummeted to $6.39, and since then, it has consolidated between this level and $16.
  • Recently, at around $13 on 8th March 2024, Cosmos faced significant resistance. 
  • At the current moment, it has very strong support above $6.6.
  • The overall sentiment of Cosmos has been bearish in the recent past, but its future outlook is bullish.

FAQs

Will the Cosmos price go back up? 

Yes, the price is expected to go up over the next few years. However, it depends mainly on the platform updates, ecosystem value growth, market cap, news, global events, and the market’s sentiments.

Will Cosmos hit $100 by 2030?

Yes, Cosmos can cross $100 by the end of 2030. 

What is the projected price of Cosmos in 2025?

It is expected to hit a high of $37.50 in 2025 and bottom out at $7.58. However, the average price will stay around $22.5.

Is Cosmos a good investment right now?

The future outlook of the Cosmos ecosystem is bullish, and the market narrative suggests that altcoins prices will run up if the bull run starts. Hence, the Cosmos ecosystem is certainly a good investment right now.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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