Cosmos EVM Launch Skyrockets ATOM:  $5 Price Target in Sight?

The Cosmos Network has taken a significant step with the Evmos open-sourcing which is its native Ethereum Virtual Machine (EVM) framework, now rebranded as “Cosmos EVM,” as part of its Interchain software stack. The given development is a major step in enhancing cross-chain compatibility between Cosmos and the broader Ethereum network with the potential to drive greater adoption and liquidity for ATOM.

Strategic Implications for Cosmos Coin (ATOM)

The integration of Cosmos EVM is a great level up for the Cosmos crypto network, as it enhances the integration of the Cosmos Hub and its homegrown token, ATOM. With EVM becoming the new standard for smart contracts, this event could attract more developers and projects to build on Cosmos, driving demand for ATOM. 

The Evolution of Cosmos EVM: Why It Matters for ATOM?

This shift also marks a leadership change for Evmos as the Co-founder Federico Kunze Küllmer will be stepping down as a core contributor but will stay on as an advisor to the ICF. His firm, Altiplanic, which was the driving force behind Evmos’ codebase, will no longer contribute to the project. Now, with EVM compatibility baked into the Cosmos framework, ATOM could see increased adoption as more developers and users flock to the ecosystem.

With Cosmos EVM becoming more connected to the wider crypto world, market sentiment around ATOM is looking strong. Let’s take a closer look at the charts and key technical indicators to see what’s next for ATOM’s price action.

Price Analysis and ATOM Price Prediction

The trading session opened with strong bullish sentiments prevailing in the ATOM market. At 00:45 UTC, a golden cross appeared supporting the bullish momentum and kicking off on an uptrend channel eyeing the resistance level. By 06:15 UTC, a death cross constructed on the MACD line coincided with the previous overbought signal from RSI pulling the prices in a downward path. 

Chart 1, Analyzed by Alokravantmedia published on March 19, 2025.

However, the overall bullish sentiments quickly overwhelmed the trend when a golden cross appeared at 07:25 UTC. Shortly after, the price reached the resistance level of $4.818. But the price rally could not hold long as by 09:40 UTC, a death cross formed corroborated by the previous overbought signal from RSI pointing towards a price correction ahead. By 15:20 UTC, a breakout happened on the support level of $4.60. 

The trend shortly after formed an ascending triangle by 19:15 UTC aligning with a golden cross on the MACD line signaling a bull run ahead in the making. By 22:15 UTC, the prices have entered the range above the key support level again. By the start of the new trading session on 19th March, the ATOM prices entered a trading range hovering between $4.62 and $4.75. The struggle between buyers and sellers is evident within the trading range, as both sides attempt to gain control over the price’s direction. 

What lies ahead of ATOM?

ATOM has seen significant swings in prices in the last 24 hours. The ATOM price analysis suggests that a sustained breakout above the key resistance of $4.818 would strengthen the bullish momentum and will enter a new support and resistance level. However, a fall below the $4.60 support level could also result in further consolidation of prices, reducing it to lower support levels. The ATOM price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.