Cosmoverse conference news — Cosmos gains 9.27%

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Cosmos surges 9.27% to $2.382 today

Highlights

Cosmos Labs announced new partnerships with Fortune 500 companies at the fifth Cosmoverse conference held in Split, Croatia from October 30 to November 1, 2025.
Initiatives unveiled target banking, gaming, government-level CBDCs, and asset management using Cosmos-powered blockchain solutions, with further partnership details expected next year.
Cosmos is developing additional service offerings in asset issuance, infrastructure, and interoperability, highlighting its growing influence in bridging decentralized and traditional finance.

Partnership expansion as Cosmoverse signals push into traditional finance

The fifth Cosmoverse conference, held in Split, Croatia, from October 30 to November 1, 2025, featured Cosmos Labs presenting its ecosystem vision and new partnerships with Fortune 500 companies to develop Cosmos-powered blockchain solutions. Announcements focused on expanding into banking, gaming, government-level CBDCs, and asset management, with further details expected next year. Additional service offerings such as asset issuance, infrastructure, and interoperability solutions are in development. The event underscored Cosmos's growing influence in connecting decentralized and traditional finance.

Bearish momentum prevails as oversold indicators and weak support align

Momentum indicators on the daily chart show MACD and ADX confirming bearish momentum, while oscillators such as RSI (27.78), Stoch RSI (oversold), and CCI (oversold at –136.11) highlight a deeply oversold market. BBP is negative, indicating that sellers continue to dominate intraday action. The Awesome Oscillator remains neutral and does not provide confirmation for either direction. The nearest dynamic resistance is identified at the Ichimoku Kijun level of $2.6720, with no strong support seen above the recent lows.

Sideways trading outlook as sellers retain control and risk tilts lower

For the next five trading days, the expected price range for ATOM is $2.00 – $2.70, reflecting a volatility band relative to current levels. The probability of a further price increase is estimated at less than 20%, while indicators on the weekly chart continue to favor a decrease. The base scenario calls for sideways trading between $2.00 and $2.70 as oversold signals help limit downside risk. A clear move above $2.67 resistance could open the way to $2.70 or higher, while a drop below $2.00 may extend losses, with sellers still in control.

Viktoras Karapetjanc, expert at Traders Union, sees ongoing selling pressure in Cosmos (ATOM) but notes a strong intraday rebound and rising interest after major ecosystem announcements. The analyst believes institutional partnerships and new use cases in banking and CBDCs signal robust long-term potential. Momentum remains negative for now, yet oversold conditions and optimism from the latest Cosmoverse event could support a short-term stabilization. As markets digest developments, Karapetjanc expects sideways action within the $2.00 – $2.70 range. "Cosmos continues to strengthen its fundamental story, so I see growing upside as soon as sentiment and momentum align."

Previously it was reported that Cosmos (ATOM) remained under strong bearish momentum, with the price trading sharply below all major moving averages and technical indicators signaling continued downside and oversold conditions. The session also highlighted rising intraday volatility and sustained pressure since the open, with sellers maintaining control across all timeframes.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.