Cosmos (ATOM) Forecast: Relief Rally Could Propel Price to $3.02 - Here’s Why
ATOM eyes a rebound as market sentiment shifts.
Technical indicators suggest the recent sell-off may have exhausted itself. The relief rally scenario hinges on key resistance levels holding—or breaking—as traders search for direction in a choppy market.
The $3.02 Target
That's the number flashing on traders' screens. It represents a significant technical hurdle, a level where previous buying momentum stalled. Reaching it would signal a potential trend reversal, or at least a pause in the downtrend—depending on which analyst's paid newsletter you subscribe to.
Market mechanics, not magic, are driving the forecast. It's about order book liquidity and short-term positioning flips, not divine blockchain intervention. The path upward is littered with stop-loss orders and the ghosts of over-leveraged longs.
Remember, in crypto, a 'relief rally' is often just a prettier name for a dead cat bounce—giving hopeful investors just enough time to check their portfolio balance before the next leg down.
ATOM Price Stuck in Weekly Bearish Channel
According to crypto analyst CryptoPulse, the technical structure for ATOM remains bearish despite short-term fluctuations. On the weekly timeframe, price action is confined within a descending channel, characterized by lower highs and lower lows. The analyst notes that an internal bearish flag pattern has already broken down and has yet to be retested, leaving room for a temporary relief rally before the prevailing downtrend resumes.
CryptoPulse outlined a speculative trade scenario, suggesting a short position on a potential retest NEAR the $4.5 zone, with a downside objective around $4.0 aligned with trendline support. While this view contrasts with current spot prices, it reflects expectations of volatility-driven rebounds within a broader bearish cycle.
Source: XCosmos (ATOM) Tests Critical Support: Is a Rally Toward $14.50 Next?
ATOM Price Prediction for 2025
According to DigitalCoinPrice, Cosmos could gradually recover through 2025. The platform indicates that ATOM may approach the $3.02 level by the end of the year, following a period of heightened volatility earlier in January when the token briefly dipped to historically low levels.
Market participants cited by the forecast believe that Cosmos could eventually reclaim higher valuation ranges, potentially surpassing its previous all-time high of $44.70 in the longer term. In the interim, price stabilization between $2.73 and $3.02 is viewed as a realistic milestone, provided broader market conditions improve.
Cosmos (ATOM) Price Soars: Powerful Breakout Signals $4 Target Ahead
