Cosmos (ATOM), a revolutionary cryptocurrency that powers a blockchain ecosystem designed to scale and interoperate. In 2014, Jae Kwon and Ethan Buchman founded Cosmos with the support of Inter Chain Foundation (ICF).
Its goal is to develop an Internet of Blockchains, a network of blockchains that can communicate with one another in a decentralized manner. The Cosmo blockchain uses ATOM as its native token.
The circulating supply of Cosmos (ATOM) is 286,370,297 ATOM with the maximum supply at unknown as per CoinMarketCap. ATOM can be traded on top cryptocurrency exchanges including Binance, Huobi Global, Kucoin, FTX, Gate.io, etc.
COSMOS (ATOM) Price Prediction 2022
During the past few weeks, Cosmos coin (ATOM) price ranged between $26.362 at the resistance4 level and $21.908 at the resistance2 level, and then touched the $5.512 support2 level and $8.734 support1 level.
We can deduce the following despite ATOM's sideways movement:
1. Based on the previous price history, Cosmos coin (ATOM) is expected to increase at the $21.908 resistance2 level. ATOM could rise if investors have their way, reaching the $21.908 resistance4 level before reversing, due to the formation of a double top.
2. A reversal at the resistance 1 level could result in further declines in price of ATOM upto the support2 level at $5.512 until a triple bottom is formed. This could lead to a bullish reversal.
We anticipate a bullish long-term ATOM coin price prediction for 2022. We can expect ATOM to reach $40 this year.
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