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Cosmos Price Prediction 2022-Crypto

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BINANCE:ATOMUSDT   Cosmos / TetherUS
Cosmos Price Prediction 2022 Will ATOM Hit $22

Cosmos (ATOM) Current Market Status

According to CoinGecko, the price of Cosmos (ATOM) is $9.44 with a 24-hour trading volume of $474,251,677 at the time of writing. However, ATOM has decreased by nearly 0.2% in the last 24 hours.

Moreover, Cosmos (ATOM) has a circulating supply of 292,586,163 ATOM.. Currently, Cosmos (ATOM) trades in cryptocurrency exchanges such as Binance, Upbit, OKX, FMFW.io, Coinbase Exchange, WhiteBIT.

What is Cosmos (ATOM)?

The Cosmos is a decentralized network of independent parallel blockchains, each driven by BFT consensus algorithms such as the Tendermint consensus. In other words, the cosmos is an environment of blockchains that can measure and operate on each other.

Before the cosmos, the blockchains were silent and could not communicate with each other. They were hard to generate and could only handle a small number of transactions per second. Cosmos solves these problems with a new technological vision. To understand this vision, we need to go back to the basics of blockchain technology

Cosmos (ATOM) Price Prediction 2022

Cosmos (ATOM) holds the 28th position on CoinGecko right now. ATOM price prediction 2022 is explained below with a weekly time frame

The above chart of Cosmos (ATOM) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.

Currently, Cosmos (ATOM) is in the range of $9.137 If the pattern continues, the price of ATOM might reach the resistance levels of $11.308, and $22.284. If the trend reverses, then the price of ATOM may fall to $7.511and & $5.811.


Cosmos (ATOM) Support and Resistance Levels

The chart below shows the support and resistance levels of Cosmos (ATOM).


From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Cosmos (ATOM).
Resistance Level 1 $12.521
Resistance Level 2 $17.513
Resistance Level 3 $25.074
Support Level 1 $8.561
Support Level 2 $5.882

Comparison of ATOM with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Cosmos (ATOM).

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Disclaimer

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