Cosmos Takes a Steep Downturn; Trades Around $3.0

Cosmos (ATOM) Cosmos (ATOM)

ATOM exhibits a strong bearish movement when looked closely and compared with the price over the past 5 days. Cosmos was trading at $3.21 as on September 14, 2019, and post the said date, the coin has shown a healthy growth and even continued with the same. The highest trading price of the said time frame was $3.55 which was manifested on September 16, 2019. However, unable to maintain its efficiency it started to recede and reached as low as $3.15, on the next day. Over the past several days, the coin been moving with moderate volatility in hand.

ATOM to USD Price Analysis:

Cosmos (ATOM) Price
Cosmos (ATOM) Chart By TradingView

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Cosmos at present indicates a bearish trend by 13% when compared to the trading price of $3.55 as on September 16, 2019.

However, we anticipate that the coin will manage to rise marginally in the upcoming days if the market gives the opportunity to do so.

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As per Cosmos coin price prediction and the present movement of the coin, it is advisable to purchase the new coins and retain it for a long-term. Today, ATOM is expected to be traded in the range of $3.044 and $3.270.