ATOM price is expected to rise by 14.22% in the next 5 days according to our Cosmos price prediction is trading at $6.40 after gaining 5.04%
ATOM price is trading at $6.40 after gaining 5.04% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.70% in the same time period. ATOM performed well against BTC today and recorded a 2.43% gain against the world’s largest cryptocurrency.
According to our Cosmos price prediction, ATOM is displaying a neutral price movement. The coin is displaying a neutral price movement against BTC and displaying a neutral price movement against ETH today.
In the last 30 days, the coin has experienced a downturn of -28.35%. However, over the last 3 months, the coin has increased by 46.45%. On this day last year, ATOM was trading at $10.39, which showcases a 38.43% decrease in the last year.
After considering the above factors, we can conclude that the current forecast for ATOM price prediction is bearish. ATOM would have to increase by 14.22% to hit our $7.30 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.
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