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Cosmos Price Prediction 2021-2022

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Cosmos price prediction

The popularity of cryptocurrencies around the world is rising rapidly as the number of cryptocurrencies also increases. However, traders need to do some market research before investing in a cryptocurrency to determine the price prediction of an asset and if it is a profitable investment.  

Besides Bitcoin and Ethereum, which are the two most popular cryptocurrencies around the globe, some new entries like Cosmos (ATOM), among others, have also proved to offer good investment to investors and traders as well. 

In this cryptocurrency price prediction article, we shall look at Cosmos price prediction while also looking at its blockchain network to help investors understand how it works and its offers to the public.

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Cosmos Price Prediction 2021-2022 2
A support level shows the lowest price where the market is expected to bounce back upwards, while the resistance level shows the highest level where the market price is expected to bounce back downwards.
Cosmos Price Prediction 2021-2022 3Cosmos price technical analysis on charts by Tradingview
In the above 4-hour chart by Tradingview, we can see that the price of ATOM/USDT has been trading above the 50-day and 100-day Moving Averages and is currently cooling down after a price surge from 17USD to 25USD.
The price of the coin has broken from the upper end of the Bollinger Band and we can expect bullish growth in the longer term as the coin has a bright future ahead of it.
Cosmos price prediction 2021 and beyond
This section shall look at cosmos price forecast to help investors with ATOM prediction by shedding some light on the expected market cycles, price action, and future price so that they can make informed decisions on how to manage their current investment in case they already have ATOM coins or the cosmos value at which to sell their coins if they decide to hold on to them.
Wallet Investor
According to Wallet Investor cosmos forecast, the current bearish trend in Cosmos price is coming to an end, and investors should be prepared for a bull rally in the remaining part of 2021 and into 2022.
Cosmos Price Prediction 2021-2022 4Cosmos price prediction for the short term according to Walletinvestor website
Cosmos Price Prediction 2021-2022 5Cosmos price prediction for the long term according to Walletinvestor website
According to Wallet Investor’s cosmos forecast, the price of ATOM will have tested a maximum price above $81.3 by January 2026. The minimum price is set at 18.684 USD while the average price for January 2022 has been set at 18.684USD. This price prediction is made using USD predictions. 
According to Wallet Investor’s cosmos forecast, the price of ATOM will have tested a maximum price above $25.840 by December 2021. The minimum price is set at 17.463 USD while the average price for December 2021 has been set at 21.560 USD. This price prediction is made using USD predictions. 
Wallet Investor October cosmos price predictionWallet Investor October cosmos price prediction
DigitalCoinPrice
DigitalCoin has an optimistic price prediction for Cosmos. The price has been put at 37.74 USD in 2021 and 44.98 USD in 2022. The prediction for the future has put the price of Cosmos has been set at 55.07 USD for 2023, 61.7 USD for 2024, and 77.83 USD for 2025.
Cosmos Price Prediction 2021-2022 6Digitalcoin price prediction for Cosmos
The analysts have been bold to predict the prices of ATOM for 2026 at 88.1 USD, 101.41 USD for 2027, and 111.6 USD for 2028. The forecasts by DigitalCoin are pretty optimistic.
Cosmos Price Prediction 2021-2022 7Graphical representation by DigitalCoin for Cosmos price forecasts
Conclusion
Cosmos project is a force to reckon with within the blockchain industry, especially because it is solving one of the main challenges in the industry by enabling developers to launch blockchains in an ecosystem where they can share information and carry out transactions with each other.
The ATOM cryptocurrency is ranked 34 by market capitalization with a market cap of $5,686,289,010.48 and a trading volume of $1,500,739,752.84 in the last 24 hours. It is one among the few altcoins whose value is above $1. And going by the cosmos forecast done by analysts as shown in the above sections, the price of ATOM is expected to rise. Every cosmos prediction shows both a bullish trend in the short and long terms.
It is always important to do some thorough research of the cryptocurrency market before investing in any digital coin to understand what to expect especially owing to the high volatility nature of the crypto market. 
This price prediction is designed to assist investors in gaining knowledge of Cosmos and ATOM price prediction. If an investor is interested in similar coins, they should look for their respective price predictions.

Cosmos

Axie Infinity to Go 100X! LINK, COSMOS and DOT Price to Follow!

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It can be seen from the green candles in the crypto market that many altcoins are making good profits showing the very first moments of the altseason. The crypto space regained the lost momentum with the start of the new quarter. As Bitcoin price broke a major resistance of $44,100 reaching $47,700. This fueled up the altcoin rally, where-in the assets like Axie Infinity, Chainlink, Cosmos, and Polkadot showcase the strong potential of a massive rally in Q4. 

Axie Infinity Price Hits New ATH!

Followed by the announcement of its staking program, Axie Infinity became the first altcoin to initiate the bull run surged by 48.63% in the last 24 hours. Coinmarketcap chart shows that since retesting at a low of $52.2 on September 21, the AXS price surged by 140% higher to hit new ATH at $119.92 on 2nd October 2021. Axie Infinity’s trading volume increased from $421 million to $1.95 billion

As the altcoin season is on the horizon, the asset is expected to continue the bull rally further. The next support level for the asset lies between $65 to $75 if it fails to hold the present resistance.

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Additionally, According to Crypto analyst Elliot Wainman, Axie Infinity can further drive other gaming platforms such as UFO gamingYield Guild, and other Play-to-Earn tokens. He suggested choosing the altcoins with a low market cap to have more profits once they begin the bull run.

These Altcoins to Follow Axie Infinity in the Quarter 4!

Chainlink, Cosmos, and Polkadot also showcase strong potential to follow the path of Axie. According to the popular crypto analyst, Michael Van De Poppe the above three assets can reach  $100 in the present quarter. 

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Chainlink producing a decisive close at $23.34, seems to have confirmed the bullish momentum. As the Link price surged by 8.39% in the last 24-hours reaching $26.03 at the press time. The next resistance level for the asset lies near $31, breaking out could result in a massive price surge. 

ATOM price breaking at $33.67 recently surged to $38.19 with a 5.55% gain in the last 24 hours. The altcoin has an immediate resistance level near $42.79, breakout could result in forming a new ATH. In failing to hold the current support level, the asset may fall well below $30.

DOT price recently encountered a major resistance at $26.33. With a gain of 9.30% in the last 24 hours, the altcoin is trading at $32.06 at the press time. The next resistance level lies at $37.38 breaking out could result in a price surge up to $50. On the contrary, if it fails to do so it may sit at a support level of around $26.

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Terra (LUNA)

Terra completes network update, bridging LUNA with Cosmos, Solana, and Polkadot

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  • Terra’s upgrade to Columbus 5 is on, expected to bring more scalability and features for projects. 
  • Columbus 5 is Terra’s most significant one yet since it introduces a new “burn” policy. 
  • The wormhole, or the bridge between Terra to Solana projects, goes live with Columbus 5. 

The Terra ecosystem undergoes major changes with the arrival of Columbus 5. The upgrade brings a slew of developments and features to the protocol. 

Columbus 5 is here, Wormhole and Burn policy to be live soon

Terra’s most significant upgrade yet has been set in motion at 3:30 AM GMT on September 30, 2021. The upgrade is bringing three critical changes to Terra. There is a planned upgrade to Stargate, integration of IBC protocol, Ozone, Wormhole and a new burn policy. 

These changes are expected to influence the growth of the ecosystem positively. 

The most-awaited addition is the ‘Burn policy’. Traders and speculators have awaited the implementation of burn in LUNA.

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Proponents expect this new policy to have a similar impact on LUNA as it did on the Ethereum ecosystem, pulling tokens out of the circulating supply by burning them. Furthermore, it is expected to have a positive impact on LUNA price by creating scarcity across exchanges. 

LUNA has offered relatively higher risk-adjusted returns than most other cryptocurrencies over the past two weeks in anticipation of Columbus 5 launch. Analysts have compared the altcoin to Solana before its explosive rally. 

Mike Novogratz, CEO of Galaxy Investment partners, is enthusiastic on the arrival of Columbus,

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Stargate will enable integration with the Inter Blockchain Communication protocol to facilitate more interchain use cases. As of now, Terra has 8 live protocols, and the number is expected to multiply in the future with Stargate.

UST is expected to emerge as a preferred stablecoin for decentralized applications. 

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Ryan Watkins, a senior research analyst at Messari Crypto, believes that UST growth will accelerate beyond $2.5 billion in circulation. 

The introduction of Wormhole and Ozone provides insurance to projects built by Terraform Labs and bridges projects on Terra to Solana. When UST moves between both networks, analysts expect further integration and collaboration between projects on both blockchain networks. 

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The launch of the wormhole triggered an explosive rally in Solana. It is therefore considered as a key factor that is likely to drive LUNA demand and utility higher. 

The team behind Terra will share further updates once the upgrade is complete. Until then, they recommend no interaction with the Terra blockchain. 

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Jay Jaboneta, managing director of DLSL Nexus, expects over 50 protocols to go live on Terra in the following months. Jaboneta tweeted,

Jay Jaboneta, managing director of DLSL Nexus, expects over 50 protocols to go live on Terra in the following months. Jaboneta tweeted,

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Cosmos

Cosmos Price Analysis: ATOM slowly retraces from $42, prepares for another push higher?

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  • Cosmos price analysis is bearish today.
  • ATOM/USD retraces from $42 today.
  • Closest support at $36.

Cosmos price analysis is bearish today as a lower high was set yesterday as bulls failed to sustain momentum. Therefore, we expect ATOM/USD to retrace and retest $36 support next.

Cosmos Price Analysis: ATOM slowly retraces from $42, prepares for another push higher? 1
Cryptocurrency heat map. Source: Coin360

The overall market traded in the green over the last 24 hours. The market leader, Bitcoin is up by 0.84 percent, while Ethereum has declined by 2.62 percent. Meanwhile, Solana (SOL) continues to be among the best performers, with several other altcoins following close by.

Cosmos price movement in the last 24 hours: Cosmos tests $42 again

ATOM/USD traded in a range of $38.24 – $41.65, indicating strong volatility over the last 24 hours. Total trading volume has declined by 17.93 percent and totals $1.38 billion, while the total market cap trades around $8.56 billion, ranking the coin in 20th place overall.

ATOM/USD 4-hour chart: ATOM set to retrace today?

On the 4-hour chart, we see the Cosmos price action declining today as bears lacked the momentum to push above $42.

Cosmos Price Analysis: ATOM retraces from $42, prepares for another push higher?
ATOM/USD 4-hour chart. Source: TradingView

Cosmos price action has traded with a strong bullish momentum this month. After a quick spike lower on the 7th of September, support was found around $18, and the market has moved higher since.

On the 20th of September, a new swing high was set around $44.5 after several days of strong upwards pressure. However, bulls were exhausted, and a reversal of 35 percent followed to the $29 mark.

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Late last week, ATOM/USD rallied again and retested the previous major swing high. Any further upside was rejected again, resulting in a consolidation formed above $36 support, leading to the current failed test of $42 resistance and a minor retracement earlier today.

Cosmos Price Analysis: Conclusion 

Cosmos price analysis is bearish as the $42 mark rejected further upside overnight, and the market has declined so far today. Therefore, we expect further downside for ATOM/USD, with the $36 previous support likely to be retested again. 

While waiting for Cosmos to move further, read our guides on NFT Games, CoinJar, as well as Bitcoin Memes.

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