Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Cosmos is down -6.04% today against the US Dollar
- ATOM/BTC decreased by -3.61% today
- ATOM/ETH decreased by -2.41% today
- Cosmos is currently trading 13.76% above our prediction on Nov 12, 2022
- Cosmos gained 6.69% in the last month and is down -60.76% since 1 year ago
| Cosmos price | $ 14.17 |
| Cosmos prediction |
$ 12.45 (-12.10%) |
| Sentiment |
Bearish |
| Fear & Greed index |
33 (Fear) |
| Key support levels | $ 14.16, $ 13.85, $ 13.22 |
| Key resistance levels | $ 15.09, $ 15.71, $ 16.03 |
ATOM price is expected to drop by -12.10% in the next 5 days according to our Cosmos price prediction
According to our Cosmos price prediction, ATOM is expected to reach a price of $ 12.45 by Nov 12, 2022. This would represent a -12.10% price decrease for ATOM in the next 5 days.
ATOM Price Prediction Chart
What has been going on with Cosmos in the last 30 days
Cosmos has been displaying a positive trend recently, as the coin gained 6.69% in the last 30-days. The medium-term trend for Cosmos has been bullish, with ATOM increasing by 20.97% in the last 3 months. The long-term picture for Cosmos has been negative, as ATOM is currently displaying a -60.76% 1-year price change. On this day last year, ATOM was trading at $ 36.11.
Cosmos reached its all-time high price on Jan 07, 2022, when the price of ATOM peaked at $ 44.47. The current ATOM cycle high is $ 16.90, while the cycle low is at $ 5.60. ATOM has been displaying low volatility recently – the 1-month volatility of the coin is at 8.63. Cosmos recorded 18 green days in the last 30 days.
Cosmos technical analysis for today – Nov 07, 2022
The sentiment in the Cosmos markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 14.16, $ 13.85 and $ 13.22, while $ 15.09, $ 15.71 and $ 16.03 are the key resistance levels.
Bearish sentiment for Cosmos
14 indicators are currently signaling a bullish prediction for Cosmos, while 18 indicators are showing a bearish forecast. With 56% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Cosmos.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 33 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Cosmos moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Cosmos is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 14.97 (SELL) | $ 14.47 (SELL) | – | – |
| MA5 | $ 14.34 (SELL) | $ 14.66 (SELL) | – | – |
| MA10 | $ 14.11 (BUY) | $ 14.22 (SELL) | – | – |
| MA21 | $ 13.02 (BUY) | $ 13.53 (BUY) | $ 11.43 (BUY) | $ 13.23 (BUY) |
| MA50 | $ 13.05 (BUY) | $ 13.06 (BUY) | $ 19.14 (SELL) | $ 16.20 (SELL) |
| MA100 | $ 12.67 (BUY) | $ 12.86 (BUY) | $ 19.46 (SELL) | $ 16.48 (SELL) |
| MA200 | $ 11.88 (BUY) | $ 14.28 (SELL) | $ 11.60 (BUY) | $ 13.19 (BUY) |
| Period | Value | Action |
| RSI (14) | 59.57 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 92.22 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 21.53 | NEUTRAL |
| Awesome Oscillator (5, 34) | 1.51 | NEUTRAL |
| Momentum (10) | 3.13 | NEUTRAL |
| MACD (12, 26) | 0.30 | NEUTRAL |
| Williams Percent Range (14) | -7.78 | SELL |
| Ultimate Oscillator (7, 14, 28) | 60.93 | NEUTRAL |
| VWMA (10) | 13.95 | BUY |
| Hull Moving Average (9) | 14.48 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 13.21 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Cosmos is at 59.57, suggesting that ATOM is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Cosmos over the last 50 days. Currently, Cosmos is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the ATOM closing price for the last 200 days. ATOM is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Cosmos prediction
After considering the above factors, we can conclude that the current forecast for Cosmos price prediction is Bearish. ATOM would have to decrease by -12.10% to hit our $ 12.45 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. For long-term Cosmos price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
