Cosmos Price Prediction – ATOM Price Estimated to Reach $11.75 By Apr 17, 2024

Finance

Cosmos Price Prediction – ATOM Price Estimated to Reach $11.75 By Apr 17, 2024

Cosmos is down -16.62% today against the US Dollar

• ATOM/BTC decreased by -11.29% today

• ATOM/ETH decreased by -7.71% today

• Cosmos is currently trading 23.28% below our prediction on Apr 17, 2024

• Cosmos dropped -35.70% in the last month and is down -24.02% since 1 year ago

Cosmos price	$ 9.01
Cosmos prediction	$ 11.75
Sentiment
Fear & Greed index
Key support levels	$ 10.60, $ 10.44, $ 10.27
Key resistance levels	$ 10.94, $ 11.11, $ 11.28

ATOM price is expected to rise by 13.03% in the next 5 days according to our Cosmos price prediction

is trading at $ 9.01 after losing -16.62% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -13.19% in the same time period. ATOM performed poorly against BTC today and recorded a -11.29% loss against the worlds largest cryptocurrency.

According to our Cosmos price prediction, ATOM is expected to reach a price of $ 11.75 by Apr 17, 2024. This would represent a 13.03% price increase for ATOM in the next 5 days.

ATOM Price Prediction Chart

Buy/Sell Cosmos

What has been going on with Cosmos in the last 30 days

Cosmos has been displaying a negative trend recently, as the coin lost -35.70% in the last 30-days. The medium-term trend for Cosmos has been bearish, with ATOM dropping by -11.55% in the last 3 months. The long-term picture for Cosmos has been negative, as ATOM is currently displaying a -24.02% 1-year price change. On this day last year, ATOM was trading at $ 11.86.

Cosmos reached its all-time high price on Jan 07, 2022, when the price of ATOM peaked at $ 44.47. The current ATOM cycle high is $ 16.90, while the cycle low is at $ 5.60. ATOM has been displaying low volatility recently – the 1-month volatility of the coin is at 6.84. Cosmos recorded 12 green days in the last 30 days.

Cosmos technical analysis for today – Apr 13, 2024

The sentiment in the Cosmos markets is currently Bearish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 10.60, $ 10.44 and $ 10.27, while $ 10.94, $ 11.11 and $ 11.28 are the key resistance levels.

Bearish sentiment for Cosmos

4 indicators are currently signaling a bullish prediction for Cosmos, while 28 indicators are showing a bearish forecast. With 87% of indicators favoring a negative prediction. This results in an overall sentiment for Cosmos.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at , which signals that investors have a positive outlook on the market.

Cosmos moving averages & oscillators

Let‘s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Cosmos is positioned in the market right now.

Period	Daily Simple	Daily Exponential	Weekly Simple	Weekly Exponential
MA3	$ 10.92	$ 11.10	–	–
MA5	$ 11.41	$ 11.28	–	–
MA10	$ 11.26	$ 11.57	–	–
MA21	$ 11.67	$ 11.81	$ 11.63	$ 10.61
MA50	$ 11.84	$ 11.62	$ 9.43	$ 10.38
MA100	$ 10.85	$ 11.03	$ 10.34	$ 11.47
MA200	$ 9.72	$ 10.37	$ 12.19	$ 10.94

Period	Value	Action
RSI (14)	42.27
Stoch RSI (14)	6.81
Stochastic Fast (14)	14.49
Commodity Channel Index (20)	-66.67
Average Directional Index (14)	16.56
Awesome Oscillator (5, 34)	-1.01
Momentum (10)	-0.89
MACD (12, 26)	-0.09
Williams Percent Range (14)	-85.51
Ultimate Oscillator (7, 14, 28)	52.46
VWMA (10)	10.95
Hull Moving Average (9)	10.98
Ichimoku Cloud B/L (9, 26, 52, 26)	11.71

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Cosmos is at 42.27, suggesting that ATOM is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Cosmos over the last 50 days. Currently, Cosmos is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline thats calculated by taking an average of the ATOM closing price for the last 200 days. ATOM is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Cosmos prediction

After considering the above factors, we can conclude that the current forecast for Cosmos price prediction is . ATOM would have to increase by 13.03% to hit our $ 11.75 target within the next five days. Moving forward, it will be important to monitor the ATOM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility.