Cosmos Price Spike 8% as Bulls Target $5.63 Mark – Analysts Eyes $28 in 2025

Highlights:

• Cosmos’s price spiked 8% to the $4.68 mark, and trading volume soared 32%.
• A crypto analyst highlights a potential rally to $28 in the Cosmos price in 2025.
• Technical indicators show mixed reactions as bulls target the $5.63 mark.

The Cosmos price boasts splendid bullish muscle, surging 8% to $4.68 at press time. Trading volume has spiked 32% to $208M, indicating heightened market activity. The bulls are now taking charge, with investors and analysts highlighting a potential further upside. Theodore, a well-known crypto analyst, has highlighted a potential upward trajectory for Cosmos’s price in 2025 to $12 and then $28. 

$ATOM is at support in a falling wedge, doing as expected.

I think we’ll see a bigger rally in 2025—targets $12, then $28!

What’s your $ATOM target#memecoin #BTFD #bull #crypto #cryptonews #LFG $BTC $ETH $BNB $SOL $LINK #Bitcoin #Crypto #Bull #HODL pic.twitter.com/a7KzXUNfiZ

— Theodore (@LEGIT_FIXEDS1) April 4, 2025

What Is Cosmos?

In a nutshell, Cosmos appeals as one project trying to solve some of the blockchain industry’s ‘hardest problems.’ By providing an ecosystem of connected blockchains, it seeks to provide an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work applications like Bitcoin.

The project’s other goals are to reduce complexity and difficulty when constructing and using decentralized apps on the blockchain. This is through a modular framework that describes blockchains and is clearer than ever. An inter-blockchain communication protocol will enable blockchain networks to communicate easily with each other and prevent fragmentation in the same industry.

Cosmos Price Outlook

The Cosmos price has shown immense strength, rallying 8% to $4.68 at press time. The ATOM token consolidates within a descending parallel channel, aiming to break out to the upside. The bulls are gaining strength, as they have flipped the $4.52 mark into support, indicating some bullish trend. If this support level holds, the bulls could continue upward toward the next resistance at $5.63, coinciding with the 200-day MA.

A quick look at the Cosmos price chart shows that the bulls attempt to gain stability as the bears battle for dominance. This is evident as the immediate resistance at $5.63 cushions the bulls against further upside. Bulls need to break through the resistance mark for a bullish outlook to be validated in the Cosmos market.

A quick look at the technical indicators shows mixed signals, indicating a tug-of-war between the bulls and the bears. The RSI sits at 53.54, slightly above the 50-mean level. This shows that the bulls are attempting to gain strength, and a close at 60 would validate the bullish sentiment. However, if the bears dominate the market, the RSI could plunge below the 50-mean level, tilting the odds toward the bears. 

The MACD indicator upholds a bearish signal, manifested by the Blue MACD line flipping below the orange signal line. This shows that selling activity could surge, which might prompt traders to sell their ATOM tokens. 

Meanwhile, the market’s confidence in Cosmos price is reflected in its steady price appreciation, with increasing demand propelling it forward. If this momentum holds, ATOM could reclaim the $5.63 resistance and flip it into support, setting the stage for an even more ambitious breakout.

Conversely, if the bears show strength and take the reins, a retrace to the $4.52 support zone would be evident. A deeper correction below the support level could invalidate the bullish outlook. In such a case, a drop toward the support levels at $3.96, $3.64, and $3.41 before the bulls regroup for a potential upside.