|All Time High:|
|Market Cap: |
|The price of #ATOM today is $14.59 USD.|
The lowest ATOM price for this period was $0, the highest was $14.59, and the exact current price of one ATOM crypto coin is $14.59033.
The all-time high ATOM coin price was $44.48.
Use our custom price calculator to see the hypothetical price of ATOM with market cap of BTC or other crypto coins.
|The code for Cosmos is #ATOM. |
Cosmos is 6.3 years old.
|The current market capitalization for Cosmos is $3,480,155,388.|
Cosmos is ranked #21 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #ATOM.|
Today's 24-hour trading volume across all exchanges for Cosmos is $82,196,314.
|The circulating supply of ATOM is 238,524,829 coins, which is 100% of the total coin supply.|
|ATOM is the native coin for the Cosmos blockchain.|
View the full list of Cosmos blockchain tokens.
|ATOM is well integrated with many pairings with other cryptocurrencies and is listed on at least 54 crypto exchanges.|
View #ATOM trading pairs and crypto exchanges that currently support #ATOM purchase.
More Cosmos (#ATOM) News
|Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains
Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight session.Litecoin (LTC)
Litecoin (LTC) surged to a nine-month high on Wednesday, as prices rose past a key resistance level.
LTC/USD hit a peak of $97.73 earlier in today's session, less than 24 hours after trading at a low of $93.05.
As a result of the surge, litecoin rose to its strongest point since May 5, when prices were at a high of $106.86.
Looking at the chart, the move took place following a breakout of a ceiling at $95.50, and came as the relative strength index (RSI) collided with a resistance of its own.
As of writing, the index is tracking at 65.96, which is marginally below a resistance level at 66.00.
Since approaching this point, earlier gains have somewhat declined, with LTC now trading at $95.58.
Cosmos (ATOM) was another notable mover in today's session, with the token climbing for a second straight day.
Following a low of $13.15 on Tuesday, ATOM/USD moved to a peak of $13.84 earlier in the day.
Wednesday's rally saw cosmos move above a ceiling at $13.50, nearing its highest point since November 8 in the process.
Whilst this resistance level was broken, the 14-day RSI was approaching one of its own at 66.00.
As of writing, the index is tracking at 61.7...
|Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Frida...
Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday's move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM)
Cosmos (ATOM), was one of Friday's notable gainers, as the token moved closer to a key resistance level.
Following a low of $11.70 on Thursday, ATOM/USD raced to an intraday peak of $12.38 earlier today.
As a result of this move, cosmos moved towards a resistance point at the $12.50 level, which was last hit on Monday.
Looking at the chart, the 14-day relative strength index (RSI) is also hovering near a ceiling of its own, at 66.00.
Currently, the index is tracking at 65.85, which could lead to marginal consolidation, with earlier bulls opting to liquidate their positions.
However, should this aforementioned ceiling be broken, then it is likely that ATOM could move towards $13.00.
Like ATOM, solana (SOL) also edged higher, as the token continued to move away from a support point at $20.00.
SOL/USD rose to a high of $21.77 earlier in the session, and followed on from a low of $20.53 the day prior.
Today's rally sees solana in a bullish attempt to regain market momentum, following recent declines in price.
As can be seen on the chart, the move took place despite the RSI remaining below its own ceiling at 68.00.
Due to this, earlier gains have somewhat eased, as traders seemed to be prep...
|Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains
Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday's decline. Xrp was also mostly in the green in today's session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing.Cosmos (ATOM)
Cosmos (ATOM) raced to a two-month high on Wednesday, as the token climbed to its strongest point since November.
Following a low of $11.10, ATOM/USD raced to a peak of $11.44 earlier in today's session.
As a result of this latest surge in price, cosmos moved to its highest point since Nov. 12.
Looking at the chart, today's rally occurred as the 14-day relative strength index (RSI) ventured deeper into overbought territory.
In addition to this, the 10-day (red) moving average (MA), continued its upward ascent versus the 25-day (blue) MA.
However, sentiment could soon be shifting, with bears looking to re-enter the market as the RSI is now tracking at a level not seen since last January.
XRP (formerly ripple) was another big mover in today's session, extending recent gains to a fourth consecutive day.
So far on Thursday, XRP/USD has risen to an intraday high of $0.3691, which comes less than a day after hitting a bottom of $0.348.
Following this rally, xrp neared a four-week high, as prices moved to their highest point since December 16.
This latest price surge comes as the RSI moved beyond a resistance point at 57.00, and it is currently tracking at 59.41.
As a result of this move, the 1...
|Cosmos (ATOM) Jumps Over 12% In One Day As Market Recovers
Cosmos traded in a highly volatile crypto market in 2022, but 2023 is showing signs of recovery. CoinMarketCap shows that the global crypto market cap has increased in 24 hours.
The trading volume of cryptocurrencies in the market has also increased within 24 hours. This data proves that there is still much global interest in cryptocurrencies.
According to a poll conducted on Twitter, 53.8 % of participants see the early part of 2023 to be bullish. In contrast, 46.2% predict a bearish market trend for early 2023. However, Twitter user Neon Panda states that these predictions are speculative since crypto is complicated.
Cosmos (ATOM), ranked number 20 on the crypto market list, has shown signs of a recovery in its price today, January 9. Cosmos has benefitted from this improved market outlook as its native token ATOM is also in the green today.
The price change in 24 hours is $1.24, a 12.34% increase. This increment reflects in the trading volume of the asset, which is up by 265.39%
How Long Will Cosmos (ATOM) Ride The Bullish Trend? ATOM is currently on a bullish trend at the start of the year. The formation of longer green candles shows that the bulls have the upper hand in the market. The asset has broken out of the sideways trend and has continued to rise on the chart.
Its support level of $8.441 held as the price increased. Atom will face resistance at $14.458 and $15.817. However, since these levels are below its all-time high of $44.70, it remains a possibi...
|Biggest Movers: SOL Surges 8%, as ATOM Nears 1-Month High
Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and New Year period, where market volumes were somewhat muted. Cosmos was also in the green, as prices rose to a multi-week high.Solana (SOL)
Solana (SOL) was one of the notable gainers on Tuesday, as the token climbed by as much as 8% in the day.
Following a low of $11.05 on Monday, SOL/USD surged to an intraday peak of $12.02 during today's session.
The move saw solana rise for a fifth straight day, hitting its highest point since December 23 in the process.
Looking at the chart, Tuesday's surge comes as SOL moved beyond a ceiling of $11.80, with the relative strength index (RSI) also nearing a resistance point.
As of writing, the index is tracking at 50.83, which is moving towards a major ceiling at the 53.00 mark.
This level hasn't been hit since November 6, when solana was trading above the $30.00 level.
In addition to solana, cosmos (ATOM) was also in the green in today's session, with price climbing for a third straight day.
ATOM/USD raced to a high of $10.22 on Tuesday, which comes less than a day after trading at a low of $9.77.
This surge in price has pushed cosmos to its highest point since December 10, with it now nearing a key resistance level also.
As can be seen from the chart, this ceiling is at the $10.50 level, which was last hit on December 5.
Recent moves in ATOM have come as the 10-day (red) moving average...
|Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today's session. Litecoin (LTC)
Litecoin (LTC) dropped to a ten-day low on Thursday, with the token falling for a third straight session.
Following a high of $79.20 on Wednesday, LTC/USD moved to a low of $74.82 earlier in the day's session.
As a result of this, the token fell to its lowest point since November 29, when prices hit a bottom of $73.39.
Looking at the chart, it appears that litecoin bears are hoping to push prices towards a floor at $73.00.
This seems a possibility, especially with the 14-day relative strength index (RSI) fast approaching a floor of its own.
The index is currently tracking at 57.10, and seems to be moving towards a support point of 53.00.
Another notable token on Thursday has been cosmos (ATOM), which fell to a ten-day low earlier in the day.
ATOM/USD fell to a bottom of $9.52 on Thursday, before bulls reentered the market and bought the recent dip.
Today's bottom saw cosmos trade at its lowest level since November 28, which was the last time the token hit its floor at $9.45.
As of writing, ATOM has mostly rebounded, and is currently trading at the $9.71 level.
In addition to this, the RSI has bounced from a floor of its own at 39.50, and is currently tracking at 41.40.
|Cosmos Surpasses Cardano in GitHub Daily Development Activity
According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits.
GitHub activity essentially indicates which projects are receiving attention from devs and are being meticulously developed. Given the tepid market conditions, Cosmos' increased activity hosting service is a good sign.
The ongoing bear market can be viewed as a builder's market. This is due to the fact that investments are being poured in to find promising projects.
As for Cosmos, one of its DeFi protocols - Onomy - recently secured $10 million from prominent industry players, including Ava Labs, Bitfinex, CMS Holdings, and the Maker Foundation, among others.
Cardano, on the other hand, has also shown resilience in terms of GitHub activity.
Data suggested that 110 authors pushed 555 commits across 64 GitHub repositories. Additions accounted for over 923k, while deletions were around 259k.
Furthermore, the Cardano-based layer 2 scaling solution, Hydra, and the ouroboros network received 28 and 25 commits, respectively.
Besides, Cosmos' cybersecurity te...
|Cosmos (ATOM) Rallies With Over 10% Gain As Indicator Shows Not In Safe ...
ATOM's price shows strength as price bounces off from a weekly low of $8.5 giving bulls some relief.
ATOM's price continues to look bearish as more sentiment for the market lingers, with things looking uncertain for most traders and investors.
ATOM's price rallies high on the daily timeframe as the price moves toward the 50 Exponential Moving Averages (EMA) price, looking less likely to break higher. The price action displayed by Cosmos (ATOM) recently hasn't been motivating after prices declined from a region of $27 to a weekly low of $8.5. With many looking for a major dump in Bitcoin (BTC) price, the price of Bitcoin (BTC) bounced from $15,500 as price rallied to a high of $16,500, leaving bears on the sidelines as the price of Comos (ATOM) gains some relief bounces to hold strong above key support. The price action displayed by Cosmos (ATOM) and many altcoins recently have been problematic as many altcoins battle for survival. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market is yet to make a major move after previous weeks. (Data from Binance)
Cosmos (ATOM) Price Analysis On The Weekly Chart
Most crypto traders and investors have had a rough few days, with many concerned about where the market is headed after so much turbulence in the crypto space. Many altcoins have struggled to show strength, losing key support in a bid to survive.
The current market uncertainty has caused traders and inve...
|Cosmos (ATOM) Trades Below $13 As Bulls Give Up; Here Are Levels Bulls W...
ATOM's price loses its demand zone of $13 as the price trades to a low region of $10 and could experience more sell-off.
ATOM's price continues to look weak after a bearish downtrend with the market's current state, as things look uncertain for most traders and investors.
ATOM's price trades below the daily 50 Exponential Moving Average (EMA) as bulls eye levels to buy in. In the last two days, the crypto market has seen some drastic shift in sentiment, with Cosmos (ATOM) and the price of other altcoins battling for survival after the news that Binance would not be taking over FTX after conducting due diligence. Previous weeks saw the price of Cosmos (ATOM) perform well, rallying from a low of $13 to a high of $15. Most altcoins trend higher as many produced gains of over 200%, with many hoping for more recovery bounce. Still, these expectations were cut short by the uncertainty surrounding the crypto market, leading to much fear about where the market is headed.
|Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%
Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is now trading 2.64% higher.Polygon (MATIC)
Polygon (MATIC) was trading higher for a second consecutive session on Friday, as it rose by as much as 20%.
Following a low of $0.9267 on Thursday, MATIC/USD rallied to an intraday peak of $1.15 earlier today.
Today's gains took the token to its highest level in exactly six months, when prices were trading above $1.18 on May 4.
As can be seen from the chart, the move occurred as prices broke out of a key resistance level of $0.95.
In addition to this, the 14-day relative strength index (RSI) is now tracking near a ceiling of 77.00, for the first time since mid-July.
Prices are now deep in overbought territory, which could be an invitation to bears to begin reentering the market in coming days.
In addition to MATIC, cosmos (ATOM) broke out of a key resistance level of its own, as prices were trading over 10% higher.
ATOM/USD rallied to a high of $14.97 earlier in today's session, which comes a day after sitting at a bottom of $13.44
This peak has resulted in ATOM hitting its highest point since September 23, when the token failed to move past a ceiling of $15.25.
As of writing, prices have already begun to slip, now at $14.73, which co...
|Cosmos Recaptures $14 As Price Grows; Will Bulls Push To A High Of $17?
ATOM's price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on $17.
ATOM could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. ATOM's price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Cosmos (ATOM) has been tremendous as the price resisted the bears rallying from a region of $12.7 to a high of $14, reclaiming a vital support area it has built in the past few weeks. The crypto market is looking increasingly welcoming as many altcoins continue producing over 50% gains. The likes of DOGE have seen some great runs recently, rallying from a low of $0.055 to a high of $0.15, with many others as Cosmos (ATOM) continues to lead the charge for more price recoveries. (Data from Binance)
Cosmos (ATOM) Price Analysis On The Weekly Chart
Cosmos (ATOM) has struggled to regain its bullish momentum in recent times; despite the uncertainty that has befallen the crypto space, the price of ATOM has enjoyed a measure of relief after showing so much strength on the weekly low, rallying from a low of $12.7 to a high of $14 and recapturing this region as it forms key support for more potential to rise higher.
The past weeks have been nothing short of a boring and difficult moment for the crypto market as this affected the price of most altcoins ne...
|Cosmos In A Downtrend Since Last 2 Months – Investors Shying Away ...
Cosmos (ATOM) started this year with a bang by attaining its all-time high (ATH) on January 17 when it traded for $44.45.
But just like other cryptocurrencies, it failed to sustain that level and was relentlessly pummeled by the volatile crypto market.
Cosmos has been down by 16.8% over the last month
ATOM is forecasted to fall below $7 a month from now
Cosmos remains in extended bearish momentum nine months after attaining its ATH
Nine months later, Cosmos lost more than 70% of its ATH and is currently trading at $11.86 according to tracking from Coingecko at the time of this writing.
In just two weeks, the asset went down by 10.3%. On a month to date basis, the 23rd largest cryptocurrency in terms of market capitalization declined by almost 17%.
It failed to break free from its downward trend that has been going on since the latter part of September.
Technical Indicators Not Looking Rosy For Cosmos
Hopes for a bullish run for the asset this time might be met with disappointment as its analysis points are leaning towards extension of the current bearish momentum.
While the Relative Strength Index (RSI) of Cosmos stayed above 40, it is still below the 50 neutral score. While not strongly, it will still pull the digital coin in a downward trend.
In September, ATOM’s On-Balance Volume (OBV) swayed between two levels of resistance and support. In this case, a surge cannot be ruled out but the same can also be said about a sharp price dump.
The crypto’s current pr...
|Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Ga...
Polygon was one of Tuesday's notable gainers, as the token rose to its highest point since mid-September. Today's surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days.Polygon (MATIC)
Polygon (MATIC) was a notable gainer on Tuesday, as the token rallied for a third consecutive day.
MATIC/USD surged to an intraday peak of $0.876 earlier in today's session, less than a day after trading at a low of $0.8293.
This move saw the token climb to its highest point since September 13, marginally rising above a ceiling of $0.8775 in the process.
Looking at the chart, today's move comes following a breakout of the relative strength index (RSI) of 14v days, which rose past a key ceiling.
This ceiling at 59.50 was broken earlier in the day, and as of writing, the index is tracking at 61.46.
Despite prices moving below previous highs, bulls will likely still target the $0.9000 level in the coming days.
In addition to MATIC, cosmos (ATOM) was also in the green, as the token moved higher for a third straight day.
ATOM/USD surged to a high of $12.70 earlier in the day, which moves comes less than 24 hours after the coin was trading at a low of $12.18.
Today's surge in price saw cosmos climb to its strongest point since October 10, when the token was above $13.00.
Earlier momentum has marginally faded, as the RSI collided with a resistance of 49.00, which has been in place sinc...
|Cosmos Clings To $12 As Price Struggles, Will This Region Act As Strong ...
ATOM's price shows strength as price breaks bounced off from $12 with good volume with eyes set to reclaim $13.
ATOM breaks out of a downtrend as the price resumes a bullish structure.
The price of ATOM continues to trade above 50 Exponential Moving Average (EMA) in the four-hourly timeframe.
The price movements of Bitcoin (BTC) have hurt most altcoins, with Cosmos (ATOM) finding its price at key support as bulls defend this region with blood and sweat. The recent Consumer Price Index news had a significant impact on the crypto market, as the price of BTC fell to a low of $18,200 before rebounding to $19,300, with many altcoins struggling to keep up, but Comos (ATOM) proved resilient. (Data from Binance)
Cosmos (ATOM) Price Analysis On The Weekly Chart. Despite experiencing some great price movement in recent weeks due to so many traders and investors becoming interested in the various projects built on the Cosmos ecosystem, this, in a way, serves as a huge catalyst for such price movement.
After the price of ATOM dropped to a weekly low of $6, the price rallied from this low to a high of $17, where the price faced resistance to breaking above this region to a height of $20.
The price of ATOM faced a rejection to a low of $11.5, where the price bounced and rallied to a high of $12, reclaiming this region as it has been a key support for ATOM prices.
ATOM's next weekly candle closed bearish, but the new week's candle opened with bullish signs as the p...
|Cosmos Detects Major System Weak Point – Will ATOM Price Be In Tro...
Cosmos is now making sure their system won’t share the same fate as the BNB Chain that was drained of $100 million worth of tokens in a hacker attack last week.
On October 13th, Ethan Buchman, co-founder of the Cosmos inter-blockchain communication (IBC) ecosystem, revealed a major security weak point that affects all Cosmos chains that utilize IBC, regardless of the version of IBC they employ.
The Inter-Blockchain Communication protocol allows users to seamlessly switch from one Cosmos blockchain to another.
42-IBC Connected Blockchains At Risk
Currently, there are 42 blockchains that are IBC-enabled. Among these are Cosmos Hub, Osmosis, Cronos and Evmos.
OKX Chain, Luna Classic and Thorchain are some of the major blockchains which have integrated IBC before. Luckily for them, the functionality was either already deactivated or was never fully enabled to begin with.
Buchman’s disclosure during the Cosmos Hub Forum is not to be taken lightly especially that all affected networks combine for a total market capitalization of $8.18 billion.
Meanwhile, the Cosmos co-founder said the problem has been dealt with through a patch that will be deployed on all blockchains currently at risk.
Developers and validators were given private access to the patch before the announcement of the security threat was made.
A third of a blockchain’s voting power must be patched in order for it to be safe from the said vulnerability.
ATOM Price Takes A Hit
The news about the p...
|Biggest Movers: XRP, ATOM Rebound From Recent Declines
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today's session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing.XRP
XRP was one of today's big gainers, as prices of the token rose by nearly 10% earlier in today's session.
Following a low of $0.4380 on Thursday, XRP/USD raced to an intraday peak of $0.5117 during the day.
Yesterday's drop saw the token slip to a ten-day low, which was marginally below a floor of $0.4460.
As of writing, XRP is now trading at its highest point since Monday, when prices were above a key resistance point of $0.5280.
Looking at the chart, today's surge comes as the 14-day relative strength index (RSI) rose beyond its own ceiling at 57.00.
Currently, the index is tracking at 58.07, with bulls seemingly targeting a higher resistance of 60.00.
Cosmos (ATOM) was another notable gainer on Friday, as the token rebounded from a four-day losing streak.
The world's twenty-second largest cryptocurrency climbed to a high of $12.24 earlier in the day.
Friday's peak saw ATOM/USD almost 12% higher than the low from the previous day of $10.80.
As a result of Thursday's drop, ATOM fell below its floor at the $11.90 point, however bulls reentered the market at this point, as this typically has happened at this mark.
The 10-day (red) moving average is now nearing its 25-day (bl...
|Cosmos Team Patches New Vulnerability Before Potential Exploit
The past couple of months have been rife with tales of exploited blockchain ecosystems, whether due to coding errors or disgruntled employees.
After the most high-profile attack in recent months saw Binance Smart Chain exploited for several million dollars worth of BNB, the cybersecurity team at Cosmos has been conducting extensive audits as a precautionary measure.
Vulnerability Affects All IBC Chains
The vulnerability was announced on the Cosmos Network’s forum by Ethan Buchman, the co-founder of the Inter-blockchain Communication (IBC) network Cosmos.
It was discovered by Cosmos and Osmosis devs during the audit that followed the exploit of BSC – however, it’s worth noting that the attack has not yet been confirmed to be related to BSC in any way.
In response to a forum member, Buchman confirmed that the uncovered exploit is also unrelated to the bug discovered by Verichain recently. He also stated that the bug discovered by Verichain does not actually affect IBC chains.
Patch to Be Applied by Tomorrow
According to the blog post, the team at Cosmos has already communicated with devs of major IBC projects to ensure a patch is applied before word gets out to the wrong people.
“Steps have already been taken to ensure that all major public IBC-enabled chains have been patched. Given the severity, we have been working tirelessly with core development teams and validators across the ecosystem to make the patch available privately and ensure chains are pat...
|Cosmos (ATOM) Invalidates Uptrend; Where Is The Next Area Of Interest Fo...
ATOM price struggles on high timeframes to trend higher despite showing bullish sentiment in recent times.
ATOM trades below uptrend support as the price looks bearish with the current market state. The price of ATOM eyes key support as price trades below 50 and 200-day EMA.
The price of Cosmos (ATOM) struggles to discover its bullish trend as the price breaks below uptrend support against tether (USDT). The previous weeks saw the crypto market cap looking good as prices of Bitcoin (BTC) and other crypto assets, including Cosmos (ATOM), showed so much strength as price rallied from a low of $6 to a high of $17. (Data from Binance)
Cosmos (ATOM) Price Analysis On The Weekly Chart. Despite showing some great price movement in recent weeks with so many traders and investors becoming interested in the different projects being built on the Cosmos ecosystem, this, in a way, is a huge catalyst for such price movement.
After the price of ATOM dropped to a weekly low of $6, the price rallied from this low to a high of $17, where the price faced resistance to breaking above this region to a height of $20.
The price of ATOM faced a rejection to a low of $12.5, where the price bounced and rallied to a high of $13.5 but could not move higher as the price continued to range.
ATOM's next weekly support is at $12.1, with the price eyeing a retest of that region; if ATOM fails to hold this region, we could see the price going lower as there is no strong weekly supp...
|Cosmos (ATOM) Leads Gains Among Top Coins
Despite being down 2.74% as of writing, Cosmos (ATOM) still leads gains among top coins in the past week. The internet of blockchains has had its fair share of roses and thorns during the week. However, data from CoinMarketCap shows that ATOM has enjoyed several peaks and is still trading in the green.
The blockchain has also experienced high trading volume within the past 24 hours, up 14.93%. Crucially, it established a short-term uptrend by breaking above the prior lower highs at $12.54 and $12.84. Higher time frame charts saw this as more of a bounce. Plus, it was met with strong resistance around the $13.4 level.
As the price approaches the white ascending trendline, it may find some support there. A session closing below $13 would once again render the lower-timeframe structure bearish. This may cause prices to fall back to the $12.35-$12.4 support area. However, if ATOM can break out over $13.4, it might signal a significant upward trend. Such a rise can potentially drive ATOM over the $14.8 resistance zone that has been in place since late September.
As of this writing, the RSI reading was 46. Even though it has dropped below the neutral 50 levels, there is no sign of bearish momentum. The OBV was flat as well. This indicated that neither the purchasers nor the vendors were in a position of power. It also suggested that a bullish breakthrough was less likely to occur.
ATOM's price is currently hovering below $13. | SourceL ATOMUSD price chart from TradingView.com...
|Cosmos Looks Promising As Price Rally, Can Price Breach $14?
ATOM price breaks downtrend as price gears up for a short-term recovery creating more bullish sentiment. ATOM looks strong on the low timeframe.
The price of ATOM breaks and holds above 8 and 20 EMA. Cosmos (ATOM) showed so much strength as price trends for days, with many becoming interested as to why Cosmos (ATOM) trends against tether (USDT) in such market conditions. With the price of Bitcoin (BTC) showing some great momentum, we could see the price of altcoins, including ATOM, move easily as it eyes a rally to $14. (Data from Binance)
Crypto Market Outlook
Crypto Market Outlook | Source: Coin360
The new month has been more of a relief for most crypto projects as altcoins, including the likes of ATOM, show bullish strength, with the price of BTC leading the market rallying from a low of $18,800 to $20,100. With the market looking more promising for crypto assets, we could see more recovery from cryptocurrencies as the previous month has prevented major altcoins from a rally.
Cosmos (ATOM) Price Analysis On The Weekly Chart
The price of ATOM in recent weeks showed so much strength as price rallied from a weekly low of $6 to a high of $17 with so many gains as the price topped the crypto chart for weeks showing no sign of weakness.
ATOM's price faced rejection as it was unable to break above $17.5, acting as resistance to the price of ATOM and the area of supply.
The price tried several times to flip this resistance area into support to rally higher to a ...
|Biggest Movers: QNT Hits 6-Month High, ATOM Falls to 20-Day Low
While crypto markets were mostly lower on Wednesday, quant rallied to a six-month high earlier in the day. Today's move came as the token broke out of a key resistance level, en route to its strongest point since March. Cosmos was another notable mover, dropping for a second straight session.Quant (QNT)
Quant (QNT) rose to a six-month high on Wednesday, despite crypto markets mostly hovering in the red.
Following a low of $122.08 on Tuesday, QNT/USD rallied to a hump-day high of $143.26 earlier in the day.
The move came as prices raced past a key resistance point of $133.00, hitting their highest point since March 29 in the process.
Shortly after the breakout, we saw bears reenter the market, likely as a result of uncertainty spurred by earlier bulls who opted to close positions.
As of writing, quant is currently trading below the aforementioned resistance point, with the 14-day relative strength index (RSI) also hitting a ceiling.
Currently, the index is deep in overbought territory, and tracking at 70.47. Should bulls aim to take price higher, the ceiling of 71.00 on the RSI will need to be broken.
On the other side of the spectrum, another notable mover on Wednesday was cosmos (ATOM), which fell by as much as 10%.
ATOM/USD slipped to a low of $12.69 earlier in today's session, breaking out of a key support point of $13.40 in the process.
This decline pushed cosmos to its lowest point since September 8, days after the token rallied from a support of $11.55
|Cosmos Struggles With $17 As Price Heads Into Distribution Phase
ATOM struggles to break $17 as the price gets rejected. The price of ATOM enters the distribution phase on a daily timeframe. ATOM's price needs to hold the key support at $12 to maintain a bullish structure. Hidden bearish divergence resurfaces in the 4H timeframe. Cosmos (ATOM) has been the major player of the current relief bounce, with price rallying from a region of $6 to $17, with many paying so much attention to its ecosystem as this could prove to be a major player also in the bull run. The price of Cosmos (ATOM) showed so much strength, holding pretty well against tether (USDT) as the market continued to decline in price.
Cosmos (ATOM) Price Analysis On The Weekly Chart
Despite a decline in its price from $45 to $6, over 70% decline from its all-time high, the price of ATOM showed great strength as price bounced from its weekly low of $6, rallying to a high of $17 before facing a rejection to break above that region to higher heights.
The price of ATOM on the weekly chart looks strong despite seeing more sell orders lately as the price continues to hold. For ATOM to resume, its bullish sentiment price needs to rally and break above $17, as this has proven to be a resistance to ATOM prices.
ATOM's price is trading at $14.3 below its resistance; the price of ATOM needs to hold above $12 to avoid the price from going lower due to the sell-off. If the price of ATOM holds this region, there could be more belief of a rally to its resistance at $17 and possibly break...
|Cosmos ATOM Also Loses Its Gains As Market Fluctuates Heavily
ATOM remained an exception to the general downtrend of the crypto market for a couple of days as it continued to gain despite heavy price fluctuations of other tokens.
The Ethereum Merge took place successfully on September 15th, marking a historic moment in the history of crypto. However, just as some analysts predicted, it did not result in a spike as optimists have forecasted. In fact, most cryptos, including ETH, and BTC, experienced a downturn at the same time. Despite the extreme market fluctuations, ATOM continued to glide upward, gaining up to 20% in 48hours. ATOM is trading around $17 dollars at the time of writing, close to 20% above its $14 price 48 hours before. The Cosmos native token has been experiencing its up and downs in an ever-ascending trendline, unlike the wider market.
ATOM Gains Were Due To IBC and Staking Opportunities
The recent gains lead back to the influx of protocols migrating to the Cosmos blockchain. After the crash of the Terra ecosystem, several projects rebuilt their operations on Cosmos Hub. Consequently, each project adds value to ATOM by participating in the inter-blockchain security system IBC.
Cosmos also offers staking opportunities with a lucrative APY of close to 18%. Furthermore, the network is introducing different utilities into its ecosystem, which will increase the value of ATOM going forward. One of these is the liquidity staking the protocol is ready to launch. Additionally, protocols on Cosmos are preparing to launch their ow...
|Cosmos (ATOM) In Green While Entire Market Bleeds
A day after the much-anticipated Merge, many cryptocurrencies have lost more than they gained. The entire market is red, and even the top performers are not showing signs of price gains. Many investors predicted a downtrend reversal after Ethereum's upgrade to a proof-of-stake mechanism.
But right now, the reverse is the case. For instance, the number one crypto has remained red in its 1 hour, 24 hours and 7 days price gains. ETH's price is currently at $1,451.49, showing a move away from the previous $1700+. The Merge hasn't resulted in the price push as many expected.
But while many cryptos are recording pullbacks in prices, Cosmos ATOM has continued its gains.
Cosmos ATOM Gains Amid Price Crash
Cosmos ATOM price currently stands at $16.16 after adding 11.49% in the last 24 hours. The coin ranks number 20 on the CoinMarketCap crypto ranking. ATOM has recorded some price growth in this period, even when others struggle.
Its price chart today, September 16, showed a continuous rise in green. There were some dips, but not to the red zone. For instance, ATOM's price stopped at $14.65 on September 15. This morning, it rose to $14.73 and continued climbing until its current price of $16.16 at press time.
Analysts studying the price movement have noted that ATOM highs and lows remained within the ascending channel trendlines. Also, the price recorded a bull break outside the channel and tapped a 200-day moving average before correcting to the m...
|Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday's session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session.Cosmos (ATOM)
Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high.
ATOM/USD rose to an intraday high of $16.25 in today's session, pushing prices above a key resistance level in the process.
The aforementioned ceiling is the $16.15 level. The move comes less than 24 hours after prices were trading at a low of $14.40.
Friday's surge takes the token closer to last Friday's peak of $17.20, which was the highest point for ATOM since May 9.
As seen from the chart above, the 14-day relative strength index (RSI) is tracking at the 65.00 mark, which has historically been a level of resistance.
If cosmos were to recapture, and surge past last week's high, then the likelihood of ATOM moving above $17.20 would exponentially increase.
Like ATOM, chainlink (LINK) also rose for a third consecutive session on Friday, as bulls continued to push prices toward a key resistance level.
Following a low of $7.07 on Thursday, LINK/USD raced to an intraday high of $7.77 earlier in the day.
This peak pushed the token closer to its long-term price ceiling of $8.05, which is the level LINK was trading at to start the week.
However, following disappointing inflat...
|Biggest Movers: LEO Hits 1-Week High, ATOM Rebounds From Recent Declines
UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today's session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing.UNUS SED LEO (LEO)
UNUS SED LEO (LEO) rebounded on Thursday, following three straight days of lower lows.
Following a bottom of $4.73 on Wednesday, LEO/USD rallied to an intraday peak of $5.23 in today's session.
However, Thursday's rally came as LEO bulls pushed prices higher, following the earlier breakout of a $4.80 support point.
Today's peak is the strongest point the token has hit in the last week, and comes as a ceiling was broken within the relative strength index (RSI).
As of writing, the 14-day RSI is tracking at 50.22, following a move past its resistance point of 48.11.
Should this momentum continue throughout the week, bulls will likely look at exiting around a price point of $5.40 which has historically acted as a ceiling.
After five straight days of declines, cosmos (ATOM) rose higher on Thursday, as the token also rebounded.
ATOM/USD hit a peak of $14.75 in today's session, as bulls rejected a breakout of a key support point.
Bearish sentiment had threatened ATOM, with prices at $13.30 on Wednesday, however traders saw this as an opportunity to buy the dip.
It was only last Friday, September 9, that cosmos was trading at a four-month high of $17.20, and it appears ...
|ATOM Maintains 'Market's Biggest Mover' Tag, Sustains 4-Month High
Cosmos’ native crypto continues its bullish run up to a 40% bullish gain while other cryptos ebb and flow; NEAR follows with a multi-week high.
The native coin of Cosmos protocol, ATOM continues to move upward, hitting new highs every day. At the time of writing, the crypto is trading at $14 after briefly hitting $16 earlier today. It had hit a 4-month high of $13.92 on Thursday amidst the broader crypto market bounce back.
That was after the Wednesday dip when ATOM price dropped to just below $12. Ever since the $6 dip in the middle of June, Cosmos token (ATOM) has been on an upward gliding triangle. Most of these sites opined that it would have to break its Relative Strength Index (RSI) barrier to achieve that. According to them, this hurdle would appear as a ceiling at 63.30.
However, ATOM cleared the barrier early this morning, trading at $16 before dropping to its current price, $14. This bullish run makes it a 40% gain ($10) within the space of 3 months.
Other Cryptos Rally in The Wake of Sell-odd On Wednesday
Additionally, this event comes alongside the wider market rallying from the ongoing massive crypto sell-off. The increasing strength of the dollar impacted crypto values negatively, causing a considerable market sell-off. This drove the price of tokens, like Ethereum Classic and Aave, to drop dangerously. ETC dipped by 12%, while Aave dropped by 7% on Tuesday. Another crypto Celsius fell by 11% as well.
However, by Wednesday afternoon, the affect...
|Cosmos (ATOM) struggles To Stay Bullish, Is $20 Still Possible?
Cosmos (ATOM) has maintained so much bullish sentiment topping the charts in the crypto space; despite pullbacks across the market, Cosmos (ATOM) would recover with good volume and rally higher. The price has been faced with resistance on the weekly chart and has shown weakness as much doubt sets in if the price can reclaim the price of $20. (Data from Binance)
Cosmos (ATOM) Token Price Analysis On The Weekly Chart
Weekly ATOM Price Chart | Source: ATOMUSDT On Tradingview.com
ATOM saw a decline in its price from $45 to around $6, with an over 70% drop from its all-time high despite having good fundamentals. The price of ATOM bounced off after touching a weekly low of $6, and the price rallied to $17, showing some great strength.
The price of ATOM on the weekly chart showed great strength rallying to $17 with strong volume, but the price was faced with major resistance at $17 on the weekly chart. ATOM failed to flip this weekly resistance into support as the price has maintained a decline but above its bullish trendline support.
For the price of ATOM to trend higher price needs to flip the weekly resistance into support and close above $17; if the price of ATOM fails to rally back to this region, we could see the price of ATOM retesting its support of $12.
The price of ATOM could retest its weekly support of $12, which is a healthy retracement. So far, the support of that region holds the price of ATOM from sell-off, and this would be a good zone for more buy orders, an...
|Cosmos Touches Highest Point Since May As ATOM Expands 25%
Cosmos (ATOM) has managed to soar by 25% which is considered its highest point since the coin traded at around $15.70 on May 8.
ATOM’s trading volume spikes by 89% in past 24 hours
Cosmos’ NFT volume surged to $778,000 as seen on September 7
Cosmos 2.0 triggers 40% price pump for ATOM
Even though the recent figures are far from ATOM’s ATH seen at $44.45, the latest developments seem to have revived investor trust and confidence.
ATOM’s trading volume has also increased by 89% in the past 24 hours. However, ATOM’s dilemma is how to rally by taking the lead from the crypto king, Bitcoin (BTC).
Based on ATOM’s on-chain metrics, it seems that there is no disparity between the negative and positive sentiments.
It shows a balance with only a little difference spotted at 0.188, with the positive sentiment being 9.531. The negative sentiment remains at 9.413. NFT volume for Cosmos has spiked to $778,000 as observed on September 7.
5 Unique Wallet Addresses Buy ATOM NFTs
The unique wallet addresses that purchased ATOM NFTs increased to five. On the other hand, both these metrics decreased while ATOM was in its glory in price hikes. More so, total NFT volume has nosedived to roughly $223,000 a few days ago, and at that time, the unique wallet addresses were limited to two.
Judging by the four-hour chart of ATOM/USDT, the coin may hover in the green lane for the short term. This assumption was validated by ATOM’s 20 EMA going ove...
|Biggest Movers: SHIB Hits 3-Week High, ATOM up by Over 20% Today
Shiba inu moved to a three-week high on Friday, as crypto markets surged during today's session. Markets were mainly in the green, as bullish sentiment returned to end the week. Cosmos was a notable mover once again, as the token rose by over 20% today.Shiba Inu (SHIB)
Shiba inu (SHIB) rebounded during Friday's session, as prices rallied following a recent spell of consolidation.
SHIB/USD rose to an intraday high of $0.00001379 on Friday, as prices broke out of two consecutive resistance points.
The first ceiling that SHIB rose past was the $0.00001290 level, which has been in place since late August.
Following this, bullish momentum intensified, with the token surging towards another resistance level of $0.00001380.
Overall, shiba inu is now trading at its highest point since August 26, when prices were above $0.00001400.
As of writing, some of today's earlier gains have eased, as the relative strength index (RSI), moved closer to an obstacle at the 54.00 mark.
Cosmos (ATOM) was higher for a third straight session, as prices rose to a fresh four-month high this afternoon.
Following a rally beyond its ceiling of $13.35 during yesterday's session, ATOM/USD hit a high of $16.23 earlier today.
Today's move sees ATOM climb to its highest point since May 7, and comes as the token has now risen by nearly 30% in the past two days.
Looking at the chart, the RSI is now tracking at 72.23, which is deep in overbought territory.
Overall, price strength is now at its stro...