{"id":77212,"date":"2026-02-23T13:11:21","date_gmt":"2026-02-23T13:11:21","guid":{"rendered":"https:\/\/coinjournal.net\/?p=361863"},"modified":"2026-02-23T13:11:21","modified_gmt":"2026-02-23T13:11:21","slug":"cosmos-atom-forecast-as-2-flips-into-key-support","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/cosmos-atom-forecast-as-2-flips-into-key-support\/","title":{"rendered":"Cosmos (ATOM) forecast as $2 flips into key support"},"content":{"rendered":"\n<ul>\n<li>Cosmos price traded around $2.23 on Monday,<\/li>\n<li>Bulls eye a rebound to above $3 despite broader crypto market losses.<\/li>\n<li>A key bullish pattern signals the potential for an upside continuation.<\/li>\n<\/ul>\n<p>Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins.<\/p>\n<p>This is due to seller dominance as Bitcoin retests $65,000 amid macroeconomic pressures.<\/p>\n<p>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<h2>ATOM price today<\/h2>\n<p>As of February 23, 2026, <strong>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<p>However, broader losses across the cryptocurrency market over the past day have allowed sellers to regain some ground following ATOM&#8217;s spike to $2.50 on February 18.<\/p>\n<p>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<p>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<h2>Cosmos price forecast<\/h2>\n<p>The Cosmos price shows recovery potential amid a decent bounce from year-to-date lows near $1.70.<\/p>\n<p>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<p>The area around $2.50 and $3.00 portends a potential supply&#8209;wall risk.<\/p>\n<p>However, with prices bouncing off recent lows, analysts point to a key technical pattern emerging.<\/p>\n<p>A double bottom is a bullish reversal chart pattern formation that outlines two key support levels in a downtrend.<\/p>\n<p>Typically, this pattern forms after a sharp sell-off to a certain low, with prices rebounding before revisiting the zone.<\/p>\n<p>A neckline formation acts as resistance, and in the case of ATOM, this crucial supply zone lies around $2.70.<\/p>\n<figure id=\"attachment_361865\" aria-describedby=\"caption-attachment-361865\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361865\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/atom-chart.png\" alt=\"Cosmos Price Chart\" width=\"1057\" height=\"609\"><figcaption id=\"caption-attachment-361865\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/ATOMUSD\/\">Cosmos price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>In the short&#8209;term, Cosmos could test resistance at the neckline and the $3.13&ndash;$3.25 zone.<\/p>\n<p>Should bullish momentum hold amid a broader market upturn, the next major resistance levels would be around $4.50-$6.00.<\/p>\n<p>If ATOM continues to struggle alongside Bitcoin and other altcoins, failure to hold above $2.00 could spell danger for buyers.<\/p>\n<p>The next demand reload area below the Feb. 6 lows lies around $1.20.<\/p>\n<p>This outlook could gain momentum if the RSI flips below the 50 mark and the daily MACD turns bearish.<\/p>\n<p>Prices falling below the Bollinger Bands middle line could also signal fresh weakness.<\/p>\n<p>As noted, the opposite, with the double-bottom pattern, confirms that bulls have the upper hand.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/cosmos-atom-forecast-as-2-flips-into-key-support\/\">Cosmos (ATOM) forecast as $2 flips into key support<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>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 [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/cosmos-atom-forecast-as-2-flips-into-key-support\/\">Cosmos (ATOM) forecast as $2 flips into key support<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":77213,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-77212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cosmos (ATOM) forecast as $2 flips into key support - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/cosmos-atom-forecast-as-2-flips-into-key-support\/\" \/>\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 - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"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. 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