- QTUM coin price is currently seeing consolidated momentum and can soon see a new high. It is up by more than 4.5% in the past 24 hours
- Technical indicators of QTUM hints towards a bullish trend in the price for the future. In contrast, QTUM/BTC pair is up by more than 9.69% in the intraday session
QTUM coin price is currently seeing an upside momentum in price which can soon lead it to a new high. QTUM price is currently trading near the value of $13.262 and has seen a gain of more than 11.04%. The asset has an ROI of more than 77% which has benefitted various kinds of investors in the past. The asset price is looking to give a major breakout for the future. It can soon see a new high in the upcoming days. One can forecast that the QTUM price may soon see a new high in the future
QTUM token market dominance along with the market cap is seeing a weak recovery but can soon see a new high. The volume of the coin is currently seeing a weak surge but can soon see a buying volume. The volume to market cap ratio of the QTUM suggests a strong bull trend in the price for the upcoming days. One can invest in the asset as per their needs and price action
Technical Indicators Of QTUM Suggests A Strong Upside Momentum
The weekly technical chart of the QTUM hints towards a consolidated momentum in price On coming to the daily chart, the asset price is looking to give a major breakout to a new high. The hostile zone of the QTUM while going upwards can be seen near $17. Meanwhile, the support in the asset can be found near $8. The token price is currently trading above the 100 and 50 Daily moving average. The 50MA line is near $12.4 making it a temporary support zone 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 observe a new high in the future
Conclusion
QTUM coin price is currently seeing an upside momentum but can soon revert to a new high. The QTUM/BTC pair can also see a new high in the future. One should do their due diligence before investing in the coin.
Technical Levels
Major Resistance: $20
Major Support: $10