The post Cosmos (ATOM) Price Prediction: Will The Price Hit $100 In 2022? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Vivid evolution across the blockchain arena has quickly gained the attention of the mainstream with a plethora of benefits. In contrast, their attention is concurrently yielded to various bottlenecks and glitches, that are preventing it from vast adoption. Cosmos had emerged to resolve the hardest problems existing in the blockchain industry.

Cosmo’s (ATOM) price in the recent past had boomed and surprised many including many big hands. Record-breaking volumes were registered that were missing since inception, which rallied the price to new highs.

Do you wish to hold ATOM or holding some already? Wondering about the prospects of the digital asset? Look no further as this writing will get your queries sorted. As we have decoded the plausible price prediction of ATOM for 2022 and beyond.

Overview

Cryptocurrency	Cosmos
Token	ATOM
Price	$ 24.1400
Market cap	$ 0.0000
Circulating Supply	0.0000
Trading Volume	$ 0.0000
All time high	$ 0.0000     January 1, 1970
All time low	$ 0.0000     January 1, 1970

Cosmos (ATOM) Price Prediction For 2022

Potential Low	Average Price	Potential High
$43.371	$56.81	$68.527

 Cosmos had made its entry to 2022, continuing its uptrend from the previous year. The price of ATOM at the beginning of the year was recorded at $32.521. Which escalated briskly to $44.677 over the week. After a pullback to $32.806 on the 10th of January, ATOM’s price posed an uptrend again, reclaiming its $44.582 mark.

The spike was short-lived as it faced south again, starting from the 18th of January. The downtrend took the price to $31.78 by the 22nd of January. While the price did pose a quick rebound to $37.174 by the 24th of January. The price took another downswing to $25.77, by the 31st of January. 

The altcoin had gathered steam towards the $33.281 mark by the 7th of February. But turmoil in the industry pushed the price below its support levels at $24.25. Wherefore, the price hit $23.215, by the 22nd of February. Thereafter, the digital asset had showcased a 49.7% rally to $34.895, on the 4th of May. Post which a downswing, followed by a leg-up closed the quarter’s trade at $30.147. 

Cosmos’s (ATOM) Price Prediction For Q2

  A spike in volume could push the numbers to the immediate major resistance at $29.957. Surpassing the barriers at $34.041 would validate the move towards its quarterly high of $38.979. To which the altcoin would seek impetus from the recent Theta upgrade. Whilst regular trade practices could settle the price at $34.23. Depleting volumes and negative criticism could drag the price down to $27.868. 

ATOM’s Forecast For Q3 

The Cosmos network is expected to release a couple of updates such as the Rho upgrade, and the v9-Lambda upgrade. While the Rho upgrade would enable Meta Transactions, Tendermint v0.35, liquid staking, etc… The Lambda upgrade would bring in interchain security, amongst other features. The updates would be imperative in the propulsion of the price of ATOM. 

Wherefore, the ATOM price could surge to a maximum of $50.010. Conversely, the upgrades failing to materialize, according to the expectations, could strike down the price to $37.614. That said, a linear momentum could settle the price at $44.662. 

ATOM Prediction For Q4 

With a rise in positive social sentiments towards the end of the year, carried forward by growing volumes. And the rollout of the Epilson upgrade would turn imperative in the propulsion of the price. Which could soar to its potential high of $68.527. On the other hand, negative criticism and a possible downtrend could take the price down to $43.371. Factoring in the bullish and bearish targets, the average price could land at $56.81.

Cosmos’s Price Forecast For 2023 

The Cosmos network could spread its wings to a wider userbase, provided the updates materialize as per the expectations. With the rollout of V11-Gamma, NFT modules, and smart contracts, amongst others. The price of ATOM could rally to $98.771, by the end of 2023.

On the flip side, if we see modulations in regulatory norms, and if the price holds onto its 100SMA. The digital asset could spectate a spike in liquidations, resulting in a price tag of $79.934.   

Price Prediction For The Next 5 Years 

Over the next 5 years, the developmental initiatives will help thrive scalability and transaction speeds. Which will in turn push the userbase of the network. Wherefore, by the end of the next 5 years, the price could rise to $207.887. In contrast, the network losing out on steam, amidst emerging rivals and lack of interest could drag the price down to $138.86. 

Year	Potential Low	Potential High
2023	$79.934	$98.771
Next 5 Years	$138.86	$207.887

What Does the Market Say?

Digital Coin Price:

As per the forecast of Digital Coin Price. ATOM’s price is expected to hit a maximum of $34.08 by the end of 2022. The firm has pinned minimum and average price targets for the year at $29.69 and $31.57 respectively. The analysts, expect the price to claim a maximum of $39.45 by 2023, and $42.61 by 2025. 

Wallet Investor:

 According to Wallet Investor, the digital asset could claim its potential high of $45.139 by the end of 2022. The forecast has set the minimum and average year-end targets at $33.82 and $39.34. That said, the maximum price targets for 2023 and 2025 are set at $65.25 and $112.52.

Gov.Capital: 

Gov.Capital anticipates ATOM price to hit a maximum of $49.46, by the annual closure of 2022. The firm expects the minimum and average price targets for 2022 to fall to $36.56 and $43.01. That said, Gov. Capital foresees a bullish projection for the long term. It expects the price to claim a maximum of $96.03 by 2023 and $158.61 by 2025.

Click here to read our price prediction of Theta!

What is Cosmos (ATOM)?

The Cosmos network is heralded as an “Internet of blockchains” which intends to build a grid of crypto networks bridged by open-source tools for streamlining trades between them. The central focus of the platform is to achieve customizability and interoperability. 

Further, the ecosystem has its own native currency called ATOM. However, the Cosmos network, a Proof-of-Stake blockchain, is empowered by its native token ATOM. The main motive is to nurture a platform of networks that could share tokens and data algorithmically. With no central party intervening in the activity.

Fundamental Analysis

Cosmos is one such project that aims to address the issues related to ‘Proof-of-Work’. Applied by many major projects within the blockchain industry. The main goal of the project is to simplify the blockchain system with less complexity.

The project was first outlined back in 2014 by founding Tendermint by Jae Kwon, Zarko Milosevic, and Ethan Buchman. Further, in 2016, the whitepaper was released and the native token of the project ‘ATOM’ was also launched by holding a sale. 

Cosmos is one of the veteran projects that has been existing for quite a long time. And hence the asset is available for trade on many platforms. Currently, it is traded on Binance, Bittrex, Kraken, Gate.io, Huobi, Poloniex, and other popular exchanges.

Our Prediction

The ATOM price may smash new milestones in the upcoming days, as it intends to enable fast, secure, and scalable blockchain solutions. Howbeit, Cosmos appears to be a valuable project as its goal is to make blockchain technology less difficult for builders.

According to Coinpedia’s formulated Cosmos price prediction. If the network launches upgrades in order to boost staking and other features to benefit the traders. The price may easily surpass the $68 mark this year.

If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $43. Considering everyday trade pressure and considering the above factors. The average price by the end of 2022 would be around $56.

Historical Market Sentiments

2019

The Cryptocurrency, Cosmos (ATOM) got listed on Coinmarketcap on March 14, 2019 trading at $6.64 without any market capitalization. The price showed a gradual increase to $7.36 on March 17, 2019, which again fell down to $4.83 the very next day. According to the sources, the price decreased after the Binance listing. The coin continues to trade in the range of $3 – $5 till the end of 2019.

2020

The Cosmos price maintained a similar price movement as in 2019, throughout the year 2020. The price which started the trade at the beginning of the year at close to $5, plunged notably close to $1 by mid of March. Further, the price surged steadily to hit the yearly highs above $8 by the end of August 2020. However, the price despite certain pullbacks closed the yearly trade above $5 showcasing less volatility.

2021

Similar to 2020, the yearly trade initiated above $5, which spike remarkably to $23.85 by the end of February. The price, however, dipped to some extent, yet maintained the range close to $20. The rally again gained strong bullish momentum in the first week of April. That propelled the price to hit ATH at $28.49 on April 15.

Following this, the price took a slip to $17.91 on the 18th of April. After moving sideways until the 26th of April, a leg-up pushed the price to $32.050 by the 7thof May. The spike was short-lived, as bearish trends took the price down to $9.77 by the 19th  of May. Post a sideways momentum until the 21st of July, a steady uptrend took the price to $44.32 by the 20thof September. 

The fourth quarter was initiated with a downtrend, although the price spiked to $43.32 for the short term. The downswing took the price to $21.628 by the 21st of December. Cosmos showcased a leg-up on the 22nd of December, which led to a breakout of the resistance at $24.198. Following this, the annual trade was closed at $33.906.

To read our price prediction of Monero (XMR) click here! 

FAQ