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.
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.
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.
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.