Key takeaways:
Cosmos (ATOM) is a blockchain ecosystem that facilitates interoperability among independent blockchains. Co-founded by Jae Kwon and Ethan Buchman in 2014, Cosmos aims to create a decentralized network of blockchains that can communicate and transact seamlessly. Its main components include the Cosmos Hub, which serves as the central chain, and multiple “zones” that operate under their own rules while connecting to the Hub.
The platform utilizes the Tendermint consensus algorithm and the Inter-Blockchain Communication (IBC) protocol to enable fast and low-cost transactions. Fees average around $0.01, and confirmation times are approximately seven seconds. Cosmos employs a Proof-of-Stake (PoS) mechanism, allowing users to stake their ATOM tokens for network security and transaction validation.
Since its ICO in 2017, Cosmos has raised significant funding and established a growing ecosystem, including notable projects like Terra and Binance. With over 286 million ATOM tokens in circulation and a market cap exceeding $7.7 billion, Cosmos is positioned as a key player in the evolving landscape of blockchain technology, often referred to as the “Internet of Blockchains” for its ambitious goal of connecting diverse blockchain networks
Cryptocurrency | Cosmos |
Token | ATOM |
Price | $5.02 |
Market Cap | $1,963,927,745 |
Trading Volume | $84,733,857 |
Circulating Supply | 390,934,204 ATOM |
All-time High | $ 44.70 on Sept 19, 2021 |
All-time Low | $1.13 on Mar 12,2020 |
24-hour High | $5.18 |
24-hour Low | $4.95 |
Metric | Value |
Price Prediction | $26.67 (427.32%) |
Volatility | 7.98% |
50-Day SMA | $4.62 |
14-Day RSI | 67.65 |
Sentiment | Neutral |
Fear & Greed Index | 64 (Greed) |
Green Days | 17/30 (57%) |
200-Day SMA | $7.67 |
TL; DR Breakdown
On September 28, the 1-day chart for Cosmos (ATOM/USD) shows a recent upward price movement, reaching around $5.01, with a slight decrease of 2.60% in the last session. The price is moving between the Bollinger Bands, with the upper band at $5.16 and the lower band at $3.77. The 20-day SMA sits at $4.46, indicating potential support. The Relative Strength Index (RSI) is at 55.10, suggesting neutral momentum but slightly bullish, as it previously hit 62.22. A continued upward movement could test the resistance at $5.16.
The 4-hour chart for Cosmos (ATOM/USD) displays a price of $5.007, reflecting a slight decline of 0.69%. The Balance of Power (BoP) indicator shows a negative reading of -0.72, indicating that sellers are currently in control. The MACD histogram is transitioning into red, with the MACD line at 0.109 crossing over the signal line at 0.088, suggesting the momentum is bearish in the short term. The price appears to be consolidating after bullish movement, with support around the $5.00 level and resistance near $5.05. Further bearish momentum could lead to a deeper retracement.
Based on the daily and 4-hour charts for Cosmos (ATOM/USD), the short-term outlook appears mixed. On the daily chart, ATOM is currently at $5.01 with neutral to slightly bullish momentum indicated by the RSI at 55.10 and price nearing the upper Bollinger Band. However, on the 4-hour chart, MACD shows a bearish crossover, and the Balance of Power (BoP) at -0.72 indicates selling pressure.
In the short term, further consolidation is expected around the $5.00 level, with a potential downside if selling pressure persists. A break above $5.16 could signal renewed upward momentum.
Period | Value | Action |
SMA 3 | $ 4.83 | BUY |
SMA 5 | $ 4.78 | BUY |
SMA 10 | $ 4.77 | BUY |
SMA 21 | $ 4.49 | BUY |
SMA 50 | $ 4.62 | BUY |
SMA 100 | $ 5.41 | SELL |
SMA 200 | $ 7.67 | SELL |
Period | Value | Action |
EMA 3 | $ 4.49 | BUY |
EMA 5 | $ 4.50 | BUY |
EMA 10 | $ 4.60 | BUY |
EMA 21 | $ 4.86 | BUY |
EMA 50 | $ 5.52 | SELL |
EMA 100 | $ 6.46 | SELL |
EMA 200 | $ 7.59 | SELL |
Cosmos (ATOM) shows potential as an investment due to its innovative approach to blockchain interoperability and recent upgrades like ATOM 2.0. Analysts predict long-term price growth, but the crypto market is highly volatile. Investors should conduct their research and consider risks before investing in ATOM.
Cosmos (ATOM) is currently down due to market volatility and increased competition within the cryptocurrency space. Despite its technological advancements, ATOM has declined nearly 50% in 2023, while other major cryptocurrencies have seen growth. Market sentiment remains bearish, contributing to its price drop.
Cosmos (ATOM) has the potential for recovery due to its recent upgrades, including ATOM 2.0, which enhances its ecosystem and interoperability. However, market conditions and competition will significantly influence its future performance. Investors should monitor developments and market trends closely for indications of recovery.
Cosmos (ATOM) is projected to reach around $30.63 by 2030 and could potentially exceed $77 by 2033, depending on market conditions and developments within the ecosystem. However, reaching $50 specifically is not anticipated in the near term, as current forecasts suggest more modest growth in the coming years
Current predictions suggest that Cosmos (ATOM) will unlikely reach $100 soon. Analysts estimate it would require a significant increase of over 2,600% to hit that price. Most forecasts place its maximum potential around $31 by 2030, indicating limited short-term growth potential.
Cosmos (ATOM) promises a strong long-term future, with forecasts indicating significant price increases over the next decade. Analysts predict that ATOM could reach values as high as $58.89 by 2032, driven by its unique position in the blockchain ecosystem and ongoing developments in interoperability and scalability. The Cosmos Hub is well-established and supported by a dedicated community, enhancing its growth and adoption prospects in the evolving cryptocurrency landscape.
The Cosmos SDK now has an AI-powered assistant to help developers with queries and provide quick access to resources.
The Cosmos (ATOM) price is anticipated to stay steady throughout September. Currently, it is trading at $4.11, which is projected to be the average price for the month.
Month | Potential Low | Potential Average | Potential High |
September 2024 | $4.11 | $4.11 | $4.11 |
In 2024, Cosmos (ATOM) is projected to have a potential low of $3.64, an average price of $8.77, and a potential high reaching up to $9.00, reflecting moderate volatility.
Year | Potential Low | Average Price | Potential High |
2024 | $3.64 | $8.77 | $9.00 |
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | $8.82 | $9.79 | $10.63 |
2026 | $12.13 | $14.43 | $14.97 |
2027 | $15.79 | $17.86 | $18.58 |
2028 | $15.79 | $17.86 | $18.58 |
2029 | $19.52 | $22.22 | $22.38 |
2030 | $27.75 | $29.62 | $30.63 |
The predicted price of Cosmos (ATOM) in 2025 ranges from a low of $8.82 to a high of $10.63, with an average price expectation of around $9.79. This shows a modest growth potential from the current levels.
In 2026, the price is expected to increase, with a potential minimum of $12.13 and maximum atom price of $14.97. The average price forecast stands at $14.43, indicating a significant rise in investor confidence.
For 2027, Cosmos market prices are predicted to have a potential low of $15.79 and a high of $18.58, with an average of $17.86. This reflects a steady upward trend and market stability for the token.
Similar to 2027, the atom price prediction for 2028 maintain a low of $15.79 and a high of $18.58, with an average price of $17.86. This suggests a period of consolidation or stabilization in the market.
The year 2029 sees another potential rise in prices, with a low of $19.52 and a high of $22.38. The average price prediction is $22.22, hinting at renewed bullish sentiment among traders and investors.
By 2030, Cosmos’s price could potentially reach a low of $27.75 and a high of $30.63, with an average price of $29.62. This marks the highest predicted price range, reflecting strong growth prospects and market adoption over the years.
Firm Name | 2024 | 2025 |
Coincodex | $13.93 | $15.52 |
Changelly | $6.64 | $9.99 |
According to Cryptopolitan ATOM coin price prediction, the coin’s market price in 2024 is predicted to have a low of $3.64, an average price of $8.77, and a high of $9.00, indicating moderate volatility. By 2030, the price could rise significantly, reaching a low of $27.75 and a high of $30.63, with an average of $29.62, reflecting strong growth potential and increased market adoption.