ATOM Price Analysis June 2022

Share IT

ATOM is a coin of platform Cosmos. Its current price is around $7.54 by the time of writing, with a low of $5.59 and a market cap of 2.1 billion dollars.

What is Cosmos?

Cosmos is a cryptocurrency that can power blockchains designed to scale and interoperate with each other. The Cosmos team aims to create an Internet of Blockchains, a network of blockchains able to talk with each other in a decentralized manner. Cosmos provides a solution to exchange data cross-blockchain by using the Inter-Block blockchain Communication protocol. This innovation enables you to access authentication and payments across different chains.

What is ATOM?

ATOM is the coin of the Cosmos platform, which is around $7.54 by the time of writing, with a low of $5.59. It reached a high of $44.70, and its current ranking is #27 according to CoinMarketCap, with a market cap of 2.1 billion dollars. It powers an ecosystem of block codes designed to scale and interoperate with each other.

ATOM Coin Market Analysis 

ATOM has a Circulating supply of 286,370,297.00 coins worth around $7.54 with a market volume of 314 million dollars, whereas the market capitalization is 2.1 billion dollars at writing. 

ATOM Price Prediction

Cosmos is set to cross the $30 price point in the near future and could make a good investment. On the 1D timeframe, the price action of $ATOM/USDT has broken the resistance trendline of the wedge. Price is testing out above the resistance. If it is tested successfully, we will gain a good ATOM gain.

Atom Price Prediction June 2022
ATOM Price Prediction June 2022

For on-demand analysis on any token or coin at any time, you can join our Telegram channel.

Closing Thoughts

Discipline and Patience are the most important components of a successful trade. According to the above analysis, the coins we just discussed about might make you decent gains if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do Your Own Research before investing.

Disclaimer: Our analysis is for educational purposes.

Share IT
Pratyaksh
Pratyaksh

Get Daily Updates

Crypto News, NFTs and Market Updates

Crypto Products

Can’t find what you’re looking for? Type below and hit enter!

Can’t find what you’re looking for? Type below and hit enter!