Cosmos (ATOM) is currently trading at $3.23, reflecting a 3.08% daily decrease, while its 24-hour trading volume rose 7.7% to $122.84 million. Despite the increase in market activity, ATOM’s weekly performance remains weak, with a 19.88% decline over the last seven days.
The downward pressure follows a broader correction phase within the altcoin sector, as traders weigh macroeconomic uncertainty and market liquidity shifts. However, technical analysts suggest that ATOM may be approaching a critical reversal point.
Crypto analyst Crypto Patel stated that “ATOM bulls are waking up,” highlighting a potential long setup with an entry at $3.377, stop-loss at $3.113, and targets at $3.669 and $3.941. Patel explained that recent price action has “swept liquidity below,” forming a bullish order block, a common precursor to reversal movements in technical analysis.
The four-hour chart structure, according to Patel, points toward a possible short-term bounce as market participants accumulate positions in anticipation of an upside breakout. He added that “ATOM looks ready for a clean liquidity grab and an upside breakout,” indicating renewed optimism among bullish traders seeking confirmation signals before committing to long-term positions.
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According to DigitalCoinPrice, ATOM could experience a steady climb, with forecasts suggesting a potential rise toward the $7.23 mark by the end of 2025. Analysts from the platform expect the token to recover from its current lows, possibly challenging its previous all-time high of $44.70 in future cycles, although such targets remain speculative.
Conversely, Changelly’s 2025 prediction paints a more conservative outlook. Their technical analysis projects ATOM’s price fluctuating between $3.43 and $3.49, with an average trading range near $3.44 and a potential return on investment of just 0.88%.
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