By Hassan Mehmood (Saudi Arabia)
Cosmos price analysis: The ATOM has shocked the crypto markets with its remarkable rally with a 13.63% change in just 24-hours. However, the seven-day performance is also very satisfactory and the traders are very satisfied with the coin that has benefited them with great profit in a very short period of time.
Price of ATOM
The current price of Cosmos at the time of writing is $3.44 USD.
Coin Statistics
The total market capitalization of Cosmos is standing at $655,884,173 USD and 63,403 BTC. The total volume trading done in 24-hours is estimated to be $209,919,577 USD and 20,293 BTC. Almost 190,688,439 tokens are in circulation out of 237,928,231 total tokens.
Cosmos News and Events:
Cosmos meet up will take place in Toronto on 24 September:
The event will be targeted to a technical audience, developers and researchers, looking to discuss, engage in and learn more about the Cosmos and the open-source blockchain ecosystem.
Cosmos Price Prediction
The movement of the coin seems to be very profitable as it gradually entering in the bullish zone after a long term stays in the red zone by the pressure of sellers. The value is currently waving at $3.47 with the assistance of bulls.
Also read:This bullish trend is motivated by the support at 2.43 represented by the white trend line in the chart. It is expected that green candles will accumulate creating a greenish zone that will provide relief to the Cosmos traders and investors with a huge profit.
Price Rally in Past Seven Days
We have seen a great price rally on the part of ATOM and registered its name in the top 20 cryptocurrencies on CoinMarketCap. If we estimate the upward movement in the previous 7 days then it will be shocking news that it had jumped from 2.54 to the current mark of 3.47. The successful move besides the bitcoin dominance is considered as a great recovery.
Conclusion
On the basis of extensive technical analysis, there are chances that the coin may be successful in attaining the rank in the top 15 tokens on CoinMarketCap.
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