Cosmos (ATOM) Price Prediction 2022 - 2030. Will ATOM Hit $40 Soon?

Cosmos (ATOM) is a cryptocurrency that powers a network of blockchains that are designed to scale and interoperate. Ethan Buchman and Jae Kwon founded Cosmos in 2014 with the support of Inter Chain Foundation (ICF).

It aims to build an Internet of Blockchains, a network of blockchains that can communicate with each other in a decentralized way. ATOM is the native token of the Cosmo blockchain.

According to CoinMarketCap, Cosmos (ATOM) maximum supply is unknown while its circulating supply is 286,370,297 ATOM. The most popular cryptocurrency exchanges to trade Cosmos (ATOM) are Binance, Huobi Global, Kucoin, FTX, Gate.io, and others.

COSMOS (ATOM) Price Prediction 2022

Over the past few weeks, Cosmos (ATOM) price fluctuated 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.

In spite of this sideways movement in the price of ATOM, we can deduce the following:

1. Based on the history at May 2022, Cosmos (ATOM) price is expected to increase at the $21.908 resistance2 level. In the event that investors have their way, ATOM could surge higher to the $21.908 resistance4 level before reversing due to the formation of a double top.

2. In case of a reversal at the resistance 1 level, the price of ATOM could further decline up to the support2 level at $5.512 until a triple bottom is formed. This could lead to a bullish reversal.

In the meantime, our long-term ATOM price prediction for 2022 is bullish since it might break several psychological resistances. We can expect ATOM to reach $40 this year.