ATOM holds range with bullish momentum supported by strong MACD and Bull/Bear Power signals: weekly outlook

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Cosmos rises 1.57% this week

Highlights

Cosmos is trading at $1.68, up 1.57% over seven days, with momentum strengthening above short-term moving averages.
Technical indicators such as Bull/Bear Power and MACD show strong buy conditions, backed by solid trend strength on the daily chart.
The expected range for the coming week is $1.5360711 to $1.8239288, with key support at $1.59185 and resistance at $1.71021.

New partner network boosts adoption hopes as banks eye tokenized deposits

According to GlobeNewswire, Cosmos launched a new Partner Network this week to connect 17 organizations and accelerate tokenization projects for banks in the digital asset sector. This strategic collaboration is designed to help move tokenized deposit products from pilot to production, with leading financial institutions as key participants. Coinpaprika noted only 3.4% of the top 290 banks globally had live tokenized deposits as of September 2026, but expectations for broader industry commitment are rising.

Bullish signals intensify as Cosmos sustains strong upward trend this week

The daily chart shows Cosmos gaining momentum, supported by a trending structure and a sustained move higher with a firm trend. Bull/Bear Power and MACD both point to strong buy signals, while the ADX value of 26.936563 highlights solid trend strength. Price action sits close to the upper part of the recent range, with volatility at 18.53%. The nearest support is at $1.59185, while resistance stands at $1.71021 and the Ichimoku Kijun at $1.7335.

Upside breakout risk rises as bullish momentum persists for next week

Over the coming week, the expected range is $1.5360711 to $1.8239288. There is a very high probability of an increase and a very low probability of a decrease. The base case is continued strength within the range, with bullish momentum likely to persist as long as the price remains above $1.59185. A move above $1.71021 or the Ichimoku Kijun at $1.7335 opens the way for upside extension, while a drop below $1.59185 would turn the outlook negative in the near term.

Parshwa Turakhiya, analyst, sees Cosmos holding its ground this week with growing institutional backing and price consolidating near $1.68. He notes that the launch of Cosmos’ new Partner Network signals rising industry intent to move tokenized deposits from pilot to production. Daily chart momentum remains sturdy, with Bull/Bear Power and MACD flashing strong buy signals. Trend strength is solid, and as long as price stays above support at $1.59185, the bullish setup should stay intact. "If Cosmos breaks above $1.71021 or challenges the Ichimoku Kijun at $1.7335, I expect buyers to drive an upside extension in the coming days."

Previously it was reported that Cosmos entered a period of consolidation following the launch of its Partner Network, with analysts highlighting tempered but renewed bullish momentum. The current analysis strengthens this outlook, as recent institutional initiatives and rising adoption expectations point to persistent bullish trends, with a move above $1.71021 or the Ichimoku Kijun at $1.7335 signaling potential for further upside extension.

Source of Data: ATOM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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