Cosmos Price Prediction 2022-2026-Will ATOM Price Hit $45 by the end of 2022?
The native token of the Cosmos blockchain is ATOM. Cosmos blockchain hub allows investors to earn ATOM tokens through a hybrid proof-of-stake algorithm, the project’s flagship blockchain, secure.
What is Cosmos (ATOM)?
Cosmos is the solution to the scalability challenges in the blockchain industry. It was founded n 2014 by Jae Kwon, Zarko Milosevic, and Ethan Buchman.
It ensures that developers can create decentralized projects through its easy-to-use blockchain and inter-blockchain connectivity protocol.
Now, let’s look at the price analysis of Cosmos (ATOM).
Price Analysis of Cosmos (ATOM)
Flashback: Fundamental Analysis of Cosmos
In the past few weeks, Cosmos native token ATOM had been listed in other top exchanges like FTX. This listing has helped to increase the trading volume. At the time of writing, the trading volume of Cosmos has increased by over 27%. Increased trading volume has a way of pushing the price of a coin upward. We should expect the price of Cosmos to surge soon.
Also, in February 2022, the Cosmos blockchain upgraded to the Interchain Account. This upgrade has allowed token developers in the blockchain to have an option of interacting with other blockchains. This development is seen as a good one since it provided an avenue to solve the scalability challenges in the industry.
We shall look at charts to see the price analysis of Cosmos (ATOM).
From the chart above, we can see that the price of Cosmos might get to $33 soon. This is because it is an area of next price action before a possible reversal might be observed. However, strong selling action might push the price downward.
The relative strength index helps to determine the direction of trends. With the RSI value of 49.45 which is in the neutral region, we can see that the value might get to 50, which indicates a strong trend soon if buyers have their way by breaking the next psychological resistance.
The price of Cosmos is moving within the middle of the Keltner Channel. This is an indication of a consolidating market. However, with the recent bullish candlestick, a bullish surge is possible.
Now, let’s see the price prediction of Cosmos (ATOM) for the next five years.
Price Prediction of Cosmos (ATOM) 2022
By the end of March, the price range of ATOM might reach $28.9. We should expect the price to rise further to at least $33 by the end of June. In the third quarter, the price range will be between $30 and $50. By the end of December, ATOM will trade between $40 and $45.
Price Prediction of Cosmos (ATOM) 2023
By the end of March, the price range of ATOM might reach $52. We should expect the price to rise further to at least $55 by the end of June. In the third quarter, the price range will be between $50 and $72. By the end of December, ATOM will trade between $60 and $95.
Price Prediction of Cosmos (ATOM) 2024
By the end of March, the price range of ATOM might reach $100. We should expect the price to rise further to at least $103 by the end of June. In the third quarter, the price range will be between $80 and $140. By the end of December, ATOM will trade between $120 and $165.
Price Prediction of Cosmos (ATOM) 2025
By the end of March, the price range of ATOM might reach $170. We should expect the price to rise further to at least $165 by the end of June. In the third quarter, the price range will be between $150 and $180. By the end of December, ATOM will trade between $170 and $200.
Price Prediction of Cosmos (ATOM) 2026
By the end of March, the price range of ATOM might reach $210. We should expect the price to rise further to at least $220 by the end of June. In the third quarter, the price range will be between $190 and $250. By the end of December, ATOM will trade between $215 and $200.
Cosmos (ATOM) Market Sentiments
The section below explains the price prediction of Cosmos (ATOM) from other media platforms.
According to DigitalCoin, the price of ATOM will be $35.7 in 2022 and $126 by 2030.
According to PricePrediction, the price of ATOM will be $35.7 in 2022 and $752 by 2030.
According to Wallet Investors, the price of ATOM will be $46.7 by March 2023 and $126.8 by March 2027.
With the recent upgrade to Interchain Account, more developers will be attracted to the Cosmos blockchain. ATOm might end the year 2022 trading at least $45.
Conclusion
From the fundamental analysis and the market sentiment around ATOM, we can deduce that all analyses are of the opinion that ATOM would be bullish in the future which will be rewarding for long-term investors.