Kosmos Price Analysis: The price of ATOM tokens is consolidating by nearly $ 11

  • The ATOM coin price is currently in a consolidated dynamic and may reach the new high in the future. It could reach more than $ 20 in the future.
  • Technical indicators point to a bullish momentum for the Cosmos price for the coming days. Meanwhile, the ATOM / BTC pair is also down 2.47% on the intraday session.

ATOM token price is currently observing consolidated momentum and can see the new highs in the future. It is currently trading near the $ 11 level and is down 1.12% in the past 24 hours. Cosmos Token has over 78% ROI and has grown by 900% over the past six months. The ATOM’s bullish momentum as it goes up may see a hold near the $ 18 level. Meanwhile, support for asset price may stall near the $ 8 level. The price is trading below the 50 and 100 moving average levels, with a negative crossover in the past. The 50MA line is at $ 12, which makes it a temporarily hostile region for the price. The ATOM / BTC pair is in a downtrend and may soon return to the uptrend. You can invest in ATOM according to the risk and price development.

The ATOM coin currently ranks 39th in the CMC and has a market dominance of more than 0.17%. It is currently more than 65% below its all-time high. The volume-to-market capitalization ratio for the ATOM is currently close to 0.07, suggesting consolidated price momentum. If it goes above 0.8, a huge buying frenzy can be observed.

ATOM Token technical indicators suggest a consolidated momentum

Source: trade view

The weekly ATOM token price technical chart suggests consolidated momentum for the future. The price has seen more than 18% increase over the weekly timeframe. The daily chart of the coin price suggests a consolidated momentum for the coming days. It has formed a supply zone in the daily timeframe. If it jumps 15 to 20% above the current level, a strong upward trend in the price can be seen. ATOM / BTC pairs can also reach new highs in the future.


The ATOM token price is currently in a slump but may soon rebound to $ 20. The ATOM / BTC pair can continue to post the same gains going forward.

Technical levels

Main Resistance: $ 18

Home Grant: $ 8

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