Cosmos Price Prediction 2023-2032: Will ATOM Recover ATH?

Cosmos Price Prediction 2023-2032

• Cosmos Price Prediction 2023 – up to $13.33
• Cosmos Price Prediction 2026 – up to $40.11
• Cosmos Price Prediction 2029 – up to $121.24
• Cosmos Price Prediction 2032 – up to $369.85

Binance chief executive Changpeng Zhao likened the recent FTX collapse to the start of the 2008 financial crisis. Will its demise cause other crypto firms to fold? The debacle promises to have its repercussions in 2023 That’s the essential question, for now, is how will this affect our Cosmos Price Prediction?

How much is Cosmos (ATOM) worth?

Today’s Cosmos price is $8.44 with a 24-hour trading volume of $181,136,383. Cosmos is up by $73M% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $2,720,567,188. It has a circulating supply of 346,608,690 ATOM coins and the maximum supply is not available.

Cosmos price analysis: ATOM corrects higher at $8.45 after a dip to $8.10

TL;DR Breakdown

• ATOM price analysis shows an uptrend
• ATOM prices are trading in a relatively tight range between $8.0 – $8.5
• Cosmos is facing resistance at the $8.50 level.

Cosmos price analysis shows for June 11th, 2023 shows ATOM prices bounced off key support of $8.0 and hit an intraday high of $8.479 before correcting lower. The support for ATOM price at the $8.0.0 level has been strong, with buyers stepping in when prices dip below this level. ATOM is trading near its 50-day moving average (MA), which suggests that a sustained move above the MA could see prices rally upwards.ATOM prices are trading at $8.46, up 4.12% in the last 24 hours.

Cosmos price analysis on a daily chart: ATOM bounces off key support of $8.00

ATOM price analysis on a daily chart shows that ATOM prices have been trading in a relatively tight range between $8.0 and $8.5, with buyers stepping in when prices dip below the $8.0 level. The 12-day Exponential Moving Average (EMA) and 50-day MA are both providing support to ATOM prices. The MACD indicator is currently in the bullish zone, indicating that buyers have the upper hand.

The Relative Strength Index (RSI) shows that ATOM has been trading near the overbought region, which suggests that the rally in ATOM prices could be short-lived. Long bullish candle formation on the daily chart indicates that buyers have taken control of ATOM prices.

The ATOM/USD pair has formed a bullish continuation pattern on the daily chart. If prices break above the $8.5 resistance level, ATOM could rally toward its all-time high of $9.0. The support levels for ATOM are $8.0 and $7.5, respectively.

The Fibonacci retracement level of the uptrend from $6.80 to $8.479 shows that ATOM has strong support at $8.0 and resistance at $8.5. A break above the resistance could increase prices in the coming days.

The SMA and EMA indicators are trending higher, suggesting that ATOM prices have been in an uptrend. The daily RSI is currently in the overbought zone, indicating that ATOM prices may be due for a correction. Further resistance levels are seen at $8.6 and $9.0.

ATOM/USD technical analysis on a 4-hour chart: ATOM prices consolidate near $8.5

ATOM price analysis on a four-hour chart shows that the MACD indicator is bullish, while the RSI remains close to 70. The moving average convergence/divergence (MACD) line has crossed below its signal line, suggesting that there may be some bearish pressure in the market.

The ATOM/USD pair has formed a symmetrical triangle pattern on the four-hour chart, suggesting prices are consolidating near $8.5. The Fibonacci retracement level of the uptrend from $7.5 to $8.4 shows strong support at the 38.20% and 50% levels, respectively. If prices break below the triangle pattern, ATOM could correct lower toward its support levels.

What to expect from Cosmos price analysis

Overall, ATOM prices have been trading in an uptrend and are consolidating near $8.5. The MACD indicator is bullish, while the RSI remains close to 70. A break above $8.5 could see prices rally toward their previous high of $9.0, while a break below the triangle pattern could see prices correct lower. The support levels for ATOM are $8.0 and $7.5, respectively.

Cosmos Price Prediction by Cryptopolitan

Cosmos Price Prediction 2023

According to the Current Cosmos price prediction and technical analysis, the price of Cosmos is expected as the entire cryptocurrency market recovers from the recent lows. The maximum price forecast for 2023 is $13.33 and an average price of $11.72.The least possible price for 2023 is expected to be $11.34.

Cosmos Price Prediction 2024

The Cosmos price prediction for 2024 expects the price of ATOM to reach a minimum value of $16.45 and an average price of $17.03, with a maximum trading price of $20.01 across the year 2024.

Cosmos Price Prediction 2025

In 2025, Our Cosmos price forecast estimates the price of COSMOS to reach a minimum price of$22.95, an average value of $23.80, and a maximum trading price of $28.57.

Cosmos Price Prediction 2026

The Cosmos price prediction for 2026 estimates the price of ATOM to trade at a minimum price of $34.31, an average trading value of $35.27, and a maximum price of $40.11 throughout the year 2026.

Cosmos Price Prediction 2027

By 2027, our Cosmos ATOM price prediction estimates the coin to attain a minimum price of $48.98 and an average price of $50.75 with a maximum forecast of $58.89 throughout 2030.

Cosmos Price Prediction 2028

The Cosmos ATOM price forecast for 2028 is ATOM to reach a minimum price of $69.07, an average trading value of $71.61, and a maximum trading price of $86.31 over the course of 2028.

Cosmos Price Prediction 2029

According to our Cosmos price prediction for 2029, the price of ATOM is estimated to achieve a minimum price of $102.51 and an average forecast price of $106.09, with a maximum price target of $121.24.

Cosmos Price Prediction 2030

Our Cosmos price prediction for 2030 suggests that the price of ATOM could reach a minimum value of $147.36 and an average trading value of $152.67, with a maximum forecast price target of $176.05 across 2030.

Cosmos Price Prediction 2031

The Cosmos price prediction for 2031 suggests the price of ATOM could reach a minimum price of $207.30 and an average price of $213.40.The maximum price forecast for 2031 is $251.40,

Cosmos Price Prediction 2032

In 2032, our Cosmos price prediction estimates ATOM to reach a minimum price of $296.43 and a maximum value of $369.85, with an average trading price of $307.10.

Cosmos Price Prediction by Wallet Investor

According to Wallet Investor, Cosmos is projected to experience a gradual decline in price over the next five years. Their Cosmos price prediction indicates that by the end of 2023, the average price of Cosmos is estimated to be approximately $0.794, representing a significant decrease of around 87.63% compared to its current value. Wallet Investor’s analysis suggests that a long-term increase in the price of Cosmos (ATOM) is not anticipated, and a price crash is likely.

Cosmos Price Prediction by Coincodex

At Coincodex, a short-term bearish outlook is expected regarding Cosmos price prediction. The Coincodex Cosmos price forecast estimates the value of ATOM to decline by -0.42% and reach $ 7.82 by June 15, 2023. According to our technical indicators, the current sentiment is Bearish, while the Fear & Greed Index shows 49 (Neutral). Cosmos recorded 17/30 (57%) green days with 3.80% price volatility over the last 30 days. Coincodex suggests it’s now a bad time to buy Cosmos.

The long-term Cosmos price suggests that in the best-case scenario, ATOM price prediction for 2026 is $ 251.00 if it follows Facebook’s growth. If Cosmos would follow Internet growth, the prediction for 2026 would be $ 28.79.

Cosmos Price Prediction by Gov Capital

Based on the current price and Gov Capital ATOM price prediction data, the Cosmos (ATOM) price has been on an uptrend for the past 1 year. The price predictions consider several variables, such as volume changes, price changes, market cycles, and similar coins. According to the Gov Capital ATOM forecast, the future ATOM price is predicted at $36.016 after a year.

Cosmos Overview

Cosmos Price History

• The Cosmos cryptocurrency was first listed for trading in Mid-March 2019; its price was about $7.5. 

• The ATOM coin price remained below the listing price until the beginning of 2021 when the prices started skyrocketing.   

• Cosmos price hit an all-time high of $32.14 on May 07, 2021, after which the coin has turned to a bearish trend, though it seems to be the current trend among all cryptocurrencies, including Bitcoin and Ethereum.

Cosmos Recent News/Opinions

Neutron, as the trailblazer in adopting Cosmos Hub Replicated Security, gains immediate access to the immense economic security offered by the Hub, which amounts to billions of dollars. This recent development is poised to captivate a wider range of investors, traders, and institutions, igniting a growing demand for ATOM tokens in the foreseeable future. Remarkably, the project has recently experienced a surge in its price, attributed to the influx of developers who are enthusiastically constructing applications on the Cosmos network.

Cosmos came in as an ecosystem made up of blockchains that can seamlessly interact with each other. From the expansion of its DeFi capabilities to several new projects, various factors have pushed the value of ATOM higher, which is why experts predict that Cosmos will explode in 2023.

A key reason for the significant rise in the price of ATOM recently is its expanding DeFi capabilities. Gravity DEX has been marked as the biggest step forward for Cosmos to date. With the protocol being live, Cosmos has become the future face of multiple interconnected blockchains. 

The launch of Cosmos Inter-Blockchain Communication (IBC) was a milestone and will benefit any ecosystem leveraging the Cosmos SDK. This includes the DeFi platform Kava, CertiK, Secret Network, and others. An exciting development for the Cosmos community. Imagine new chains with their own coins launching in the Cosmos but utilizing the Cosmos Hub validators instead of having to drum up their own. Staking ATOM will not only earn you more ATOM but also these other coins as well!

More on the Cosmos Network

What is Cosmos coin?

One major concern within the blockchain industry is that there are hundreds if not thousands of blockchains around the world, but only a few of them can communicate or share information. Cosmos developers aimed at solving this problem, and that is what Cosmos is doing. It provides a platform for developers to develop blockchain within an ecosystem where they can communicate with each other and send tokens from one blockchain to the other.

That is why Cosmos is commonly referred to as the internet of blockchains.

The Cosmos SDK also allows developers to quickly develop blockchains or decentralized applications without coding the entire program from scratch. With many blockchains using Cosmos, it is a worthy investment since investors can always find something of interest within the ecosystem.

Cosmos coin (commonly referred to as ATOM) is the native cryptocurrency that powers Cosmos. ATOM cryptocurrency allows its holders to contribute to the governance and security of the blockchain network.

Holders also have a chance of delegating (staking) their ATOM tokens to the validators on the blockchain and, in turn, earning more tokens through the Proof-of-Stake consensus mechanism.

This makes Cosmos price predictions quite important. There are many traders who want to know when to buy Cosmos and when to sell Cosmos. But, it can be concluded that Cosmos will also give great benefits if you hold it.

How many ATOM coins are in circulation supply?

The current total ATOM supply is 222,078,856 with 279,863,459 coins currently in the circulating supply, meaning only 80% of the coins are available for trading among investors. The remaining 20% is held by two companies: the Interchain Foundation and All in Bits.

It is important to note that the total supply keeps increasing as more and more ATOM tokens get earned by the users through staking. This makes ATOM different from other cryptocurrencies, which are added to the market through mining.

What is the Cosmos blockchain network?

Cosmos Blockchain Network also referred to as the Internet of Blockchains, is a decentralized ecosystem of interconnected blockchains (decentralized applications) known as Zones. It creates a crypto ecosystem that unites different blockchains through open-source tools that allow streamlined transactions between them.

The first blockchain to be developed was the Cosmos Hub, which forms the core of the entire ecosystem. The other blockchains, developed by other developers, are connected to the Cosmos Hub and interconnected. The Cosmos Hub maintains a record of the Zones in the ecosystem and their states.

It is important to note that no central party controls or facilitates activities within the ecosystem. Every Zone can share tokens and data within the ecosystem programmatically.

Key elements of Cosmos

Cosmos ecosystem has five key elements:

• Cosmos Hub – This is the core blockchain to which the Zones are attached and it acts as an intermediary between all other blockchains within the Cosmos network. It provides interoperability among all the other developed blockchains in the ecosystem and keeps track of each blockchain’s state.

• Zones – These are independent blockchains that developers develop and attach to the Hub within the Cosmos ecosystem.

• Tendermint – Tendermint is the consensus mechanism that powers Cosmos and it is responsible for validating transactions and ensuring that the ecosystem is secure through the Tendermint Byzantine Fault Tolerance (BFT) engine that also allows developers to build decentralized applications/blockchains without having to code everything from the scratch.

• Inter-Blockchain Communication Protocol (IBC) – This is the communication protocol that is responsible for connecting the Zones to the Hub thus allowing the free flow of information between each of the interconnected Zones.

• Cosmos software development kit (SDK) – This software development kit allows developers to use blockchain to develop blockchains by leveraging the Tendermint consensus mechanism.

Who are the Cosmos founders?

Cosmos Network was co-founded by developers Ethan Buchman and Jae Kwon in 2014. These two developers are the ones who came up with the Tendermint consensus mechanism, which now powers Cosmos.

Two companies were also very actively involved in developing the blockchain. They are the All in Bits and the Interchain Foundation (ICF), a Swiss non-profit organization that funds open-source blockchain projects.

The ICF was responsible for conducting the first ATOM token ICO in 2017 which raised about $17 million. However, Tendermint Inc., which later became Cosmos, conducted another fundraising round in 2019, raising $9 million to continue with the project. 

Advantages of owning the Cosmos ATOM

With the world turning to blockchain technology to solve a myriad of problems that affect every industry, blockchain developers are looking for platforms that allow them to develop custom blockchains without having to go through the rigorous process of having to code the entire program from scratch and that is what the Cosmos provides. As a result, blockchain developers could flock to Cosmos, resulting in a hike in the Cosmos price. 

ATOM holders can use the token for trading, spending within the ecosystem where several DeFi projects invest, sending as payments, or even staking to earn more ATOM coins.

Where can you buy Cosmos tokens?

If you think Cosmos is a profitable project, you can buy the ATOM coin from several cryptocurrency exchanges, including Binance, OKEx, and Coinbase. 

Once you purchase the Cosmos crypto coin, you can store it either in the crypto exchange where you bought it from or transfer it in any of the following crypto wallets: Atomic Wallet, Cobo, Cosmostation, Huobi Wallet, imToken, Kepler, Ledger, Lunagram, Lunie, Math Wallet, Rainbow Wallet, Qbao Wallet, Trust Wallet, Wetez and Crypto.com.

You can also trade the Cosmos cryptocurrency on these crypto exchanges. However, before starting to trade, it is important to do some technical analysis on Cosmos’ price and do some research and reading to find out what experts say about Cosmos price prediction 2021 2022. 

Cosmos Network New Developments

The Cosmos network is constantly evolving and always looking to outdo competitors. Some of the most significant developments on the blockchain are driven by its desire for seamless interoperability of blockchains. 

The network has also announced the expected launching of its Interchain Security (ICS) intended to allow validators on the Cosmos Hub to produce and secure blocks for new chains.

Also Read:

• Cosmos 2.0: Uniting blockchains, interchain security, new issuance model for ATOM, and more
• Bitcoin, Binance Coin, Cosmos, and Monero Daily Price Analyses – 24 October Morning Prediction
• Bitcoin, Binance Coin, Tron, and Cosmos Daily Price Analyses – 3 November Morning Prediction
• What is Cosmos Crypto?

Conclusion

The current market trends and infrastructure supporting the ATOM token make it an incredibly compelling investment opportunity. With Cosmos’ commitment to interoperability and its huge potential for growth in the near future, there’s no denying that ATOM is a sound choice for any investor looking for strong returns. The future is grim for Cosmos should any of its major contenders begin to grow at a faster rate than it. Additionally, the project will become extinct if Blockchains construct their links with other networks that do not rely on third-party platforms such as Cosmos.

With the ever-expanding number of altcoins, there are many potential interoperability solutions for the cryptocurrency market. However, predicting which will be most successful in this dynamic environment is difficult. Ultimately, evaluating the fundamentals makes it clear that this token is a dependable long-term investment. With its active development, the potential for scaling, and a dedicated team of developers, the Cosmos Network provides a platform on which many ambitious projects can be built.

A few months ago, ATOM was one of the best-performing coins gaining over 27%. This price growth is due to many factors, including the continued expansion of the Cosmos ecosystem. In early September, Delphi Digital labs, a top analytics firm and protocol developer, announced Cosmos as its primary blockchain for hosting new projects. 

Cosmos is a highly-rated crypto project with massive potential for widespread adoption. Going by the Cosmos forecasts, the price of ATOM is expected to rise. Every Cosmos price prediction shows a bullish trend in the short and long terms. Nevertheless, do due diligence before making investment decisions.

It is always important to do thorough research on the cryptocurrency market before investing in any digital coin to understand what to expect especially owing to the high volatility nature of the crypto market.