COSMOS Price Prediction Today: Daily (ATOM) Value Forecast – July 29

  • The short and medium-term outlook is in a bearish trend.
  • Responsible selling after retest may be considered.

ATOM/USD Medium-term Trend: Bearish

Supply zone: $10.00, $12.00, $14.00
Demand zone: $3.00, $2.00, $1.00

ATOM continues a bearish trend in the medium-term outlook. The rally was cut short during the weekend at $4.00 in the supply area. Rejection and subsequent drop in price by the bears was due to the resistance by the trendline.

A bounce is most expected at this point as price fell initially to $3.44 and later to $3.48 in the demand area before the close of yesterday session as exhaustion sets in denoted by the wick in the candle indicating brief bullish activities as the candle market closed at $3.63.

The bear sustained the momentum as today session opened at $3.63 with downward price movement to $3.55 in the demand area. The exhaustion at the trendline suggests the bears' gradual return with a drop to $3.89. The pressure on the coin by the bears is strong hence the break of the support the 10-EMA.

The signal of the stochastic oscillator is pointing down at 20% and price is below the two EMAs, $3.40 in the demand area may be rested in the medium-term

ATOM/USD Short-term Trend: Bearish

ATOM continues in a bearish trend in the short-term outlook. the double top formation after the rally to $4.00 in the supply area on 27th July return the bears. Price drops to $3.54with the break at $3.66 a key demand area.

Today’s session opened bullish at $3.53 with a second retest at the broken key demand are now a support area. This confirmed the downward price continuation in the short-term.
$3.45 in the demand area is the bears' next target as the momentum increases and more candles opened and closed below the two EMAs.

Live Cosmos (ATOM) Price:

1 ATOM/USD =$29.1313 change ~ 4.31%

Coin Market Cap

$7.24 Billion

24 Hour Volume

$423.36 Million

24 Hour VWAP


24 Hour Change



The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide