ATOM price prediction and analysis signals that the crypto could cross $5.3 by the end of the year and take its price to $50 in the long term, i.e., 2030.
What is Cosmos (ATOM)?
ATOM is the native token of the Cosmos blockchain, which is a layer-zero solution. A layer-zero solution is the basic infrastructure provider on which several blockchains run.
Cosmos provides software development kits (SDKs) that other blockchains can use to build their own layer-1 chains like Osmosis, Celestia, Cosmos Hub, dYdX, and Injective protocol.
Fundamental Analysis
ATOM has a long-term investment potential due to multiple reasons such as it being a layer-0 project, a network of blockchains, providing SDK to build other chains, and the future demand for blockchain interoperability.
Being a basic infrastructure provider, Cosmos (ATOM) is expected to be in demand as long as blockchains rely on the modular approach of building chains.
Further, Cosmos Hub acts as a network of blockchains that can easily facilitate cross-chain transfers.
This feature is of great importance in the future as more and more dapps, defi protocols, and blockchains are now focusing on cross-chain interoperability.
Cosmos’s ability to provide cross-chain solutions could be critical to its growth.
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Technical Analysis
Cosmos (ATOM) has been in a clear downtrend since early May this year. However, it has lately stabilized by early September and by the press time has completely come out of the downtrend.
ATOM could show a weak price action in the near term but the crypto has a very strong long-term potential.
Both RSI and MACD show that the price may remain stuck between $4 and $5.3 for a while. RSI shows a downtrend in price and the negative crossover in MACD confirms this.
However, if it breaks down below $3.95, it could present us with an accumulation opportunity.
ATOM may show a bullish trend if its price breaks out above the upper ceiling of this neutral zone at $5.3.
Cosmos (ATOM) Price Prediction
ATOM price prediction and analysis signals that the crypto could cross $5.3 by the end of the year and take its price to $50 in the long term, i.e., 2030.
ATOM Price Prediction for 2024
The current correction prevailing in ATOM could end soon, sending the crypto towards $5.3 by the end of the year.
ATOM Price Prediction for 2025
A strong alt season could send ATOM above $12.5 which was its high during the Bitcoin pre-halving period.
ATOM Price Prediction for 2026
The alt season which could peak around early 2026 could take ATOM towards $20 by the peak of the alt season.
ATOM Price Prediction for 2027
ATOM is expected to correct till $17 by the end of the year 2027 as this year is expected to be a bearish one.
ATOM Price Prediction for 2028
We expect ATOM’s price could cross $30 by the middle of 2028 due to the pre-halving rally and it may cross $38 or $40 by the end of the year with a post-halving rally.
ATOM Price Prediction for 2029
The alt season in 2027 could take ATOM towards $50 or even higher depending on whether the crypto markets would see a better regulation in the coming years.
ATOM Price Prediction for 2030
By the year 2030, we expect significant adoption of both ATOM as a cryptocurrency as well as Cosmos as a layer-0 infra provider. A positive regulatory environment could place ATOM’s price between $50 to $65.
