Qtum [QTUM] technical analysis and price prediction 2018, 2020 22595
Analysis
Priyanka Babu
Sep 7, 2018 at 9:58 PM

The crypto market is sporting a revival from the recent crash and most coins are on the road to recovery. Cryptocurrencies have started to shrug off losses and many have resumed trading in the bullish trendline.  Qtum [QTUM] has shown a reversal in trends, however, is still trading in the bearish zone.

QTUM/USD

The coin prices have broken out from the current resistance level of $3.884 and are moving closer towards the 100 EMA line trading at $4.20. It is currently trading at $3.925 and is losing against USD by 1.2%. Qtum prices were falling at the beginning of the day due to mounting seller pressure. The buyers took over and the prices found support at $3.787. The prices are trying to break out from the $4 mark.

Qtum [QTUM] technical analysis and price prediction 2018, 2020-BCFocus

QTUM/BTC

Currently, one QTUM is equal to 0.00060863 BTC and is gaining against BTC by 2.11%.

QTUM Price Prediction 2018, 2020

According to Tradingbeasts, "The Qtum price is forecasted to reach $18.78 by the beginning of December 2018. The expected maximum price is $23.68, minimum price $16.10. The coin price prediction for the end of the month $18.95." By the end of the year 2020, the coin prices are expected to reach $22.90.

QTUM Latest Updates

  • Poloniex exchange has added QTUM to its list of cryptocurrencies. QTUM/USDT, QTUM/BTC, and QTUM/ETH are the pairs that are being currently offered by the exchange. It is already trading live for deposits and withdrawals of the token.

See Also: Cryptocurrency market crash; speculations suspect market manipulation

                  Making sense of crypto market crash: Bitcoin [BTC] tumbles, other coins follow suit

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