Cosmos Price Prediction 2024-2030: Will ATOM Recover ATH?

Key takeaways

• ATOM could reach $14.5 by December 2024.
• If the market is confirmed to enter a bull run, its price can reach $37 by the end of 2025.
• Other factors like use case, market sentiment, and updates can push its price above $100 by the end of 2030.

The Cosmos ecosystem was founded by Ethan Buchman and Jae Kwon in 2014 with the ICF’s support. The company launched its ICO in 2017, after which the network went live two years later. 

While it started strongly and reached its all-time high above $44 in January 2022, the price eventually plummeted under the market’s bearish sentiments. 

Since then, it has struggled to recover up to the same levels. However, quite recently, the coin has found strong support at the $6.6 level, so it is not likely to dip below that point.

 The bottom for this coin might be in, which means that investors looking to enter into Cosmos now can make good returns. Once the market’s structure becomes bullish, more eyes turn towards altcoins. 

As the crypto market is slowly improving, many crypto investors are asking, “Can Cosmos hit $100 in the short term and long-term?” and, “Will Cosmos price recover to its all-time high of $44?”

Let’s get into Cosmos technical analysis and price predictions.

Overview

Cryptocurrency	Cosmos
Token	ATOM
Price	$6.95
Market Cap	$2,716,887,959
Trading Volume	$102,436,559
Circulating Supply	390,930,671 ATOM
All-time High	$44.5
All-time Low	$1.16
24-hour High	$7.05
24-hour Low	$6.89

Cosmos Price Prediction: Technical Analysis

Metric	Value
Volatility	14%
50-Day SMA	$8.10
14-Day RSI	38
Sentiment	Bearish
Fear & Greed Index	30 (Fear)
Green Days	12/30 (40%)
200-Day SMA	$9.87

Cosmos Price Analysis

ATOM/USD rebounds from the support line at $6.2 and gears to form the next leg up

TL; DR Breakdown 

• ATOM/USD has dipped after continuously testing the resistance line, and currently moves in a range of $7.1 and $6.2.
• It retested the support line at $6.2 twice and rebounded both times.
• This can be a good time for swing traders to buy ATOM/USD

Our current Cosmos price analysis on 26th June 2024 shows that ATOM retested the support at $6.364 and bounced back twice. It first tested it on 18th June, and then once again on 24th June. It is a major support level, which was tested earlier in October 2023 before forming a leg up.

Cosmos price analysis 1-day chart: ATOM/USD retests $6.2 and bounces up

The Cosmos 1-day price chart shows that the coin dipped from the resistance line around $8.6 on 7th June and went all the way down to $6.2, from where it bounced up. It then retested $6.2 support again and successfully rebounded. It marks a significant recovery period for ATOM/USD.

Cosmos 1-day chart (Source: Tradingview)

The RSI levels are currently at 38, suggesting that the market is quite balanced. We do know from the past price action that Cosmos formed a leg up after testing this support level at the end of 2023. Significant buy pressure will likely force the market upwards, potentially breaking above the resistance at the $9 mark.

ATOM/USD 4-hour price chart: Cosmos gears to retest $9 resistance

The 4-hour Cosmos chart gives us a very similar price movement. However, it is far more spread out. As the price has rebounded from the support line, it is likely to form its leg up to test the resistance at $8.6. This time, strong buy pressure can potentially push it above.

The chart shows that this resistance level has already been tested several times before. However, ATOM/USD kept rejecting it before finally giving up to the bears.

What to expect from ATOM price analysis next?

Since Cosmos has already tested the support twice and rebounded both times, the support line has been confirmed. The chart is expected to respect that support, and hence, ATOM is not likely to dip below $6.2.

Overall, there is a good chance that ATOM will not fall a leg up and retest the resistance line. Hence, this might be a good chance for swing traders to load up.

Cosmos Technical Indicators: Levels and Action 

Daily Simple Moving Average (SMA)

Period	Value	Action
SMA 3	$7.25	SELL
SMA 5	$7.20	SELL
SMA 10	$7.01	SELL
SMA 21	$7.46	SELL
SMA 50	$8.10	SELL
SMA 100	$9.12	SELL
SMA 200	$9.87	SELL

Daily Exponential Moving Average (EMA) 

Period	Value	Action
EMA 3	$7.51	SELL
EMA 5	$7.79	SELL
EMA 10	$8.10	SELL
EMA 21	$8.34	SELL
EMA 50	$8.80	SELL
EMA 100	$9.36	SELL
EMA 200	$9.62	SELL

Cosmos price analysis conclusion

Overall, Cosmos currently has a positive outlook. Even though it is on a dip, this might be the perfect opportunity for swing traders to invest and wait for it to test the resistance line. This is based on the fact that ATOM formed a leg higher the last time it retested this support line at $6 in October, 2023. 

Recent News

• Cosmos is developing the ATOM decentralized VPN, which is currently in its early version and will allow users to pay for the service using $ATOM.

Cosmos Price Prediction June 2024

In June, Cosmos has been on a dip after consolidating sideways in the last month. Due to the rapid dip, Cosmos is expected to retrace back to the resistance line at $9.0, as the bottom floor as been established at the $6.2 support.

Cosmos Price Prediction	Potential Low	Potential Average	Potential High
Cosmos Price Prediction June 2024	$6.0	$7.25	$8.5

Earlier in April, ATOM’s price fell from $11.324 to $7.243 over the course of a single week. So, we have strong support at that lower bound. At the same time, it has struggled to break through the monthly resistance level of $9.507 and continues to consolidate sideways. We can expect it to continue its sideways movement until the overall crypto market becomes more bullish.

Cosmos Price Prediction 2024

After the recent ETH ETF approval, the overall market structure has become slightly bullish. Hence, over the next few months, we can expect more money to flow into the crypto market. Provided that the world’s economic state and geopolitical tensions don’t worsen, we can see improvement in Cosmos by Q4 of 2024. 

Cosmos Price Prediction	Potential Low	Potential Average	Potential High
Cosmos Price Prediction 2024	$9.8	$12.15	$14.5

The market can anticipate a recovery above $11.4 and retest of the $14.5 mark. There’s a good chance for the price to break above these values if a bull run is confirmed.

Cosmos Price Predictions 2025-2030

Year	Minimum Price	Average Price	Maximum Price
2025	$7.58	$22.25	$37.50
2026	$9.90	$31.85	$53.8
2027	$12.20	$16.75	$21.30
2028	$10.40	$14.42	$18.45
2029	$11.94	$43.17	$74.40
2030	$15.32	$59.76	$104.2

Cosmos Price Prediction 2025

Provided that the market’s structure keeps improving and the bull market starts by 2025, we can see more investments flowing into Cosmos. At that point, it would mark 6+ months since Bitcoin’s halving. Hence, Cosmos may reach a high of up to $37. However, in the worst-case scenario, we can see it plummeting to $7.58 before finding major support at that level. 

Cosmos Price Prediction 2026

The growth in Cosmos’s average price can continue later in 2026, with the yearly high expected to be at around $53 and the yearly low at $9.90. This can lead to an increase in the selling pressure, and early investors may want to trim their profits. Overall, the average price in 2026 will be about $31.9.

Cosmos Price Prediction 2027

With massive sell pressure in 2026, Cosmos may take a hit in 2027 and plummet down to a high of only $22.40 this year. During this time, its support levels may have slightly risen to about $10. If we look at its previous chart and assume that it will continue to follow market trends, it may stabilize between these two levels.

Cosmos Price Prediction 2028

The bearish structure of 2027 can continue to impact live average price of the market until 2028, and Cosmos can continue its rally down with the average price hovering in the range of $14 – $15 and a yearly high of around $19 resistance levels.

Cosmos Price Forecast 2029

Our Atom price forecast for 2029 is quite bullish. It may break its previous high of 2026 and form another all-time high at $73.20. However, this requires the market to respect its previous trends and bullish/bearish cycles from the past years.

Cosmos (ATOM) Price Prediction 2030

We can expect Cosmos to peak even further in 2023, at about $107.11 high and a low of $15.90. However, for this to happen, the platform must undergo some key developments with increased adoption. Overall, its utility and usage determine its price so far down the road. 

Cosmos Market Price Prediction: Analysts’ ATOM Price Forecast

Firm Name	2024	2025
Coincodex	$8.76	$22.25
DigitalCoinPrice	$18.01	$20.10
Changelly	$10.02	$15.35

Cryptopolitan’s Cosmos (ATOM) Price Prediction

At Cryptopolitan, we are bullish on the future price of Cosmos as it has previously marked an all-time high of $44 and there is no reason why it cannot retrace back to those levels in the long-time. However, this would predominantly depend on its buying demand and the sentiments of investors over the next few years. 

We are expecting Cosmos to potentially recover to $37 by the end of this year.

Cosmos Historic Price Sentiment 

• Cosmos ICO was released in 2017, and the network became ready to use after two years in 2019. It was founded by Ethan Buchman and Jae Kwon. 
• Cosmos price peaked during the bullish cycle of 2021, when it reached above $44.
• After 3rd April 2022, Cosmos’s price plummeted to $6.39, and since then, it has consolidated between this level and $16.
• Recently, at around $13 on 8th March 2024, Cosmos faced significant resistance. 
• At the current moment, it has very strong support above $6.6.
• The overall sentiment of Cosmos has been bearish in the recent past, but its future outlook is bullish.