- QTUM coin price is currently seeing a strong upside momentum and can soon a major breakout. It is currently up by more than 6.5% in the intraday session.
- Technical indicators of QTUM price suggests a strong upside momentum for the future. In contrast, QTUM/BTC pair is up by more than 4.33% in the intraday session.
QTUM coin price is currently observing a strong upside momentum and can soon see a major breakout in the future. QTUM price is currently up by more than 6.5% and is trading near the value of $9.7. The asset has an ROI of more than 77% and can soon see an increase in the future. It is currently down by more than 50% from its all time high. It is currently looking to breakout for the new high in the future. One can forecast a strong upside momentum in price in future.
QTUM token market dominance along with the market cap is seeing a recovery and can soon reach the previous levels. The volume of the coin has also seen a surge in the recent trading session. Volume to market cap ratio of the QTUM suggests a strong upside momentum in price. One can invest in the coin as per their needs and risk capacity.
Technical Indicators Of QTUM Coin Price Suggests A Strong Upside Momentum
The weekly technical chart of the QTUM suggests a consolidated momentum in price for the future. On coming to the daily chart, it is seeing a consolidated momentum. Resistance of QTUM while going upwards can be seen near $12. Meanwhile, the support of the coin can be seen near $7. The asset price is currently trading above the 100 and below 50 Daily moving average. The 100MA line is near $9.5 making it a temporary support for the price. If the coin jumps 15 to 20% above the current level then a strong upside momentum can be seen. QTUM/BTC pair can also see a strong upside momentum in price.
Conclusion
QTUM coin price is currently seeing an upside correction and can soon see a new high in the future. The QTUM/BTC pair is also seeing a strong upside momentum and can soon see a new high. One should do their due diligence before investing in the coin.
Technical Levels
Major Resistance: $12
Major Support: $7