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Cosmos In A Downtrend Since Last 2 Months – Investors Shying Away From ATOM?

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Cosmos (ATOM) started this year with a bang by attaining its all-time high (ATH) on January 17 when it traded for $44.45. But just like other cryptocurrencies, it failed to sustain that level and was relentlessly pummeled by the volatile crypto market. Cosmos has been down by 16.8% over the last month ATOM is forecasted to fall below $7 a month from now Cosmos remains in extended bearish momentum nine months after attaining its ATH Nine months later, Cosmos lost more than 70% of its ATH and is currently trading at $11.86 according to tracking from Coingecko at the time of this writing. In ju ...

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