{"id":453195,"date":"2023-10-31T17:10:16","date_gmt":"2023-10-31T17:10:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=453195"},"modified":"2023-10-31T17:30:04","modified_gmt":"2023-10-31T17:30:04","slug":"cosmos-price-forecast-atom-pumps-almost-9-but-consider-this-new-crypto-casino-for-100x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cosmos-price-forecast-atom-pumps-almost-9-but-consider-this-new-crypto-casino-for-100x-potential","title":{"rendered":"Cosmos Price Forecast: ATOM Pumps Almost 9%, But Consider This New Crypto Casino For 100X Potential"},"content":{"rendered":"

The Cosmos price has surged 9% in the past 24 hours, <\/span>reaching $7.96<\/span><\/a> as of 7:10 a.m. EST. <\/span><\/p>\n

As a result, the price has seen an 11.1% increase for the week, thanks to a significant boost in trading volume to $270 million, marking a remarkable 200% increase in just one day.<\/span><\/p>\n

Cosmos Price Bulls May Target $10.3 Price Level<\/span><\/h2>\n

The formation of a double-bottom pattern has sparked a bullish rally, attracting more buyers who have driven the price upward.<\/span><\/p>\n

\"Cosmos
ATOMUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

The price of ATOM rebounded from a support level of $6.3. This support level was crucial in forming a double-bottom pattern, indicating a shift towards a bullish trend<\/span><\/p>\n

It has also empowered the bulls to propel the price above the 50-day Simple Moving Average (SMA), which now serves as support, confirming the shift toward bullish sentiment.<\/span><\/p>\n

The bullish surge met with resistance at the significant price level of $8.21, situated above the descending channel, leading to a minor price adjustment. <\/span><\/p>\n

Should the bullish momentum wane, there is a chance of a bearish correction that might push the price down toward the $6.95 support zone, coinciding with the 50 simple moving average.<\/span><\/p>\n

Cosmos Price Prediction: ATOM Aims for New High<\/span><\/h2>\n

ATOM is experiencing a bullish trend, with support from the relative strength index (RSI), which has shifted from the oversold region at 30 to now being within the overbought zone at 72. <\/span><\/p>\n

If the bullish momentum continues beyond the overbought threshold, it can potentially result in a price breakthrough above the $8.21 resistance level and ultimately surpass the 200-day SMA.<\/span><\/p>\n

This situation could attract additional buyers, leading to further upward momentum and allowing the price to stabilize, potentially sparking a rally and the chance of reaching new highs at $9.2 and $10.3, respectively.<\/span><\/p>\n

Should bears take advantage of the $8.21 resistance level, there’s a possibility of a bearish decline. The price of ATOM could decrease to $6.94. A breach below this support level might force the price to drop to a $6.3 support zone.<\/span><\/p>\n

Investors who missed out on the ATOM surge have the opportunity to explore promising options with TG.Casino, which offers an enticing presale project and a rewarding staking program.<\/span><\/p>\n

Get TGC Token, 12 Hours Left, 100X Potential<\/span><\/h2>\n

Don’t miss out on the <\/span>TG.Casino presale,<\/span><\/a> which is just under 12 hours away from the end of Stage 2. Once this stage concludes, the price will see an increase.<\/span><\/p>\n

TG.Casino, an innovative platform, has already secured over $1.6 million in funding. Its objective is to achieve a pre-sale target of $2.5 million, and as they edge closer to this milestone, the possibility of price increases looms. At present, each token is valued at $0.1375.<\/span><\/p>\n

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