Recent developments in the cryptocurrency world have also hit ATOM, one of the leading altcoins. ATOM has gained 1.7 percent in the last 24 hours, according to CoinGecko data.
Although ATOM is currently trading at $ 9.06, it made its ATH with $ 43 in 2022.
Cosmos (ATOM) Long Term Price Forecasts
Cosmos is known as a decentralized and independent parallel Blockchain network. In other words, Cosmos is a Blockchain ecosystem that can scale and work with each other.
Cosmos price prediction is based on expert opinions, technical analysis and previous movements.
If we look at the instant view of Cosmos, we can see that it has gone through a long decline period and then continues in a horizontal course. Cosmos has currently received a reaction from the $ 8.46 support and is in an upward trend from that region. The first rise on the ATOM side can also take us to the 10 dollar band.
Considering the current outlook, it does not make much sense for analysts and experts to make high valuations for ATOM at the end of the year. The inflationary situation in the world and the interest rate hikes by the countries have a negative impact on the price of ATOM.
The estimated maximum value for ATOM by the end of 2022 is $9.8, while the minimum value is estimated at $8.75. In 2023, this situation is 14.1 dollars, while the maximum is 16.1 dollars. When we look at 2024, we see a price prediction ranging from $20.2 to $24.2. When we look at when ATOM reaches its ATH, the estimates point to the year 2026. In 2030, ATOM’s estimated minimum value is $190.2, while its maximum value is $228.3. If we take a look at 2031, the last year of the analysis, we see that the highest estimated value of ATOM is in the band of $332.7.
Of course, it is also useful to note that these analyzes and estimates are made only by considering the current outlook. Of course, it is difficult to predict what will happen about crypto money and Blockchain in the future. These analyzes are based on opinions and past movements of cryptocurrencies to shed light on the current outlook.