The post ATOM Price Prediction: Oversold Cosmos Targets $2.29 Recovery by March 2026 appeared on BitcoinEthereumNews.com.

Zach Anderson
Feb 02, 2026 14:43

Cosmos (ATOM) trades at $1.98 with RSI at 34.79 signaling oversold conditions. Technical analysis suggests potential recovery to $2.29 resistance within 4-6 weeks.

Cosmos (ATOM) is currently trading at $1.98, showing a modest 1.65% gain over the past 24 hours despite broader technical challenges. With the RSI indicating oversold conditions and the token trading near its lower Bollinger Band, this ATOM price prediction examines whether the interchain protocol is positioned for a technical rebound. ATOM Price Prediction Summary • Short-term target (1 week): $2.05 (strong resistance level) • Medium-term forecast (1 month): $2.29-$2.67 range • Bullish breakout level: $2.29 (20-day SMA) • Critical support: $1.83 (strong support zone) What Crypto Analysts Are Saying About Cosmos While specific analyst predictions are limited for the recent period, on-chain metrics suggest Cosmos is experiencing a technical consolidation phase. According to current market data, ATOM has maintained relatively stable trading volume at $4.08 million on Binance spot markets, indicating sustained interest despite price pressure. The lack of recent KOL commentary may actually be a contrarian indicator, as oversold conditions often precede technical rebounds when market attention is elsewhere. ATOM Technical Analysis Breakdown The current technical setup for Cosmos presents a mixed but potentially constructive picture. The RSI reading of 34.79 places ATOM in neutral territory but approaching oversold conditions, which historically has marked potential reversal zones for the token. The MACD configuration shows bearish momentum with both the MACD line and signal line at -0.0926, while the histogram sits at precisely zero, suggesting momentum may be stabilizing. This technical divergence often precedes trend changes. Most notably, ATOM’s Bollinger Band position at 0.0889 indicates the token is trading very close to the lower band support at $1.91. The middle band (20-day…

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Filed under: News - @ February 3, 2026 12:22 am