{"id":6888,"date":"2026-02-23T13:37:48","date_gmt":"2026-02-23T13:37:48","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6888"},"modified":"2026-02-23T13:37:48","modified_gmt":"2026-02-23T13:37:48","slug":"cosmos-atom-forecast-as-2-flips-into-key-support","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6888","title":{"rendered":"Cosmos (ATOM) forecast as $2 flips into key support"},"content":{"rendered":"

<\/p>\n

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\n\"A\n<\/picture> <\/div>\n<\/p><\/div>\n
    \n
  • Cosmos price traded around $2.23 on Monday,<\/li>\n
  • Bulls eye a rebound to above $3 despite broader crypto market losses.<\/li>\n
  • A key bullish pattern signals the potential for an upside continuation.<\/li>\n<\/ul>\n

    Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins.<\/p>\n

    This is due to seller dominance as Bitcoin retests $65,000 amid macroeconomic pressures.<\/p>\n

    However, while the latest downturn has seen bulls fail to decisively test sellers above $2.50, a potential double bottom formation suggests the altcoin could soon explode to a multi-month high.<\/p>\n

    ATOM price today<\/h2>\n

    As of February 23, 2026, Cosmos<\/strong> (ATOM) was trading near $2.23, with 24-hour trading volume of about $54 million, up 31%, signalling increased buying interest.<\/p>\n

    However, broader losses across the cryptocurrency market over the past day have allowed sellers to regain some ground following ATOM\u2019s spike to $2.50 on February 18.<\/p>\n

    While the token has recovered from lows near $1.70, the rebound remains modest compared with previous peaks near $12 in late 2024 and above $6.00 in mid-2025.<\/p>\n

    The prolonged downtrend across most altcoins in 2026 continues to pose downside risks, with further weakness likely unless buyers defend key support levels and establish new demand zones.<\/p>\n

    Cosmos price forecast<\/h2>\n

    The Cosmos price shows recovery potential amid a decent bounce from year-to-date lows near $1.70.<\/p>\n

    Although an overall negative trend in cryptocurrencies could see Cosmos descend into a deeper drawdown, the opposite suggests a rally past $3.00-$3.50 towards pre-October 2025 crash highs.<\/p>\n

    The area around $2.50 and $3.00 portends a potential supply\u2011wall risk.<\/p>\n

    However, with prices bouncing off recent lows, analysts point to a key technical pattern emerging.<\/p>\n

    A double bottom is a bullish reversal chart pattern formation that outlines two key support levels in a downtrend.<\/p>\n

    Typically, this pattern forms after a sharp sell-off to a certain low, with prices rebounding before revisiting the zone.<\/p>\n

    A neckline formation acts as resistance, and in the case of ATOM, this crucial supply zone lies around $2.70.<\/p>\n

    \"Cosmos
    Cosmos price chart by TradingView<\/figcaption><\/figure>\n

    In the short\u2011term, Cosmos could test resistance at the neckline and the $3.13\u2013$3.25 zone.<\/p>\n

    Should bullish momentum hold amid a broader market upturn, the next major resistance levels would be around $4.50-$6.00.<\/p>\n

    If ATOM continues to struggle alongside Bitcoin and other altcoins, failure to hold above $2.00 could spell danger for buyers.<\/p>\n

    The next demand reload area below the Feb. 6 lows lies around $1.20.<\/p>\n

    This outlook could gain momentum if the RSI flips below the 50 mark and the daily MACD turns bearish.<\/p>\n

    Prices falling below the Bollinger Bands middle line could also signal fresh weakness.<\/p>\n

    As noted, the opposite, with the double-bottom pattern, confirms that bulls have the upper hand.<\/p>\n

    \n
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    Markets,Altcoins#Cosmos #ATOM #forecast #flips #key #support1771853868<\/p>\n","protected":false},"excerpt":{"rendered":"

    Cosmos price traded around $2.23 on Monday, Bulls eye a rebound to above $3 despite broader crypto market losses. A key bullish pattern signals the potential for an upside continuation. Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins. This is due to seller dominance as Bitcoin retests $65,000<\/p>\n","protected":false},"author":1,"featured_media":6789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6888","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\nCosmos (ATOM) forecast as $2 flips into key support - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Cosmos (ATOM) price continues to hold above $2 despite latest downturn by Bitcoin, with a potential double-bottom pattern emerging\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6888\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cosmos (ATOM) forecast as $2 flips into key support\" \/>\n<meta property=\"og:description\" content=\"Cosmos (ATOM) price continues to hold above $2 despite latest downturn by Bitcoin, with a potential double-bottom pattern emerging\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6888\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-23T13:37:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trader-checks-crypto-price-chart-on-mobile.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6888\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6888\",\"name\":\"Cosmos (ATOM) forecast as $2 flips into key support - 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