Key Takeaways
- Qtum price faces bearish pressure around $2.4.
- Our Qtum price prediction expects the QTUM price to record a maximum level of $3.19 in 2024.
- In 2030, we expect the QTUM price to achieve $31.53.
Following the U.S. SEC’s approval of the Bitcoin Spot ETF and Ethereum ETF, altcoins have gained momentum.
Should the crypto market undergo a bullish reversal, the demand for Qtum (QTUM) could surge, potentially pushing its price beyond $5.
Qtum blends key elements from Bitcoin and Ethereum to offer a platform for secure, business-focused decentralized applications (dApps). It aims to transform online transactions and become vital in finance and social networking, using a token as its currency. Qtum adopts Bitcoin’s secure UTXO model for transaction receipts and integrates Ethereum’s irrevocable smart contracts. This price prediction for Qtum examines the project’s utility, tokenomics, and market trends, providing a forecast for its price from 2024 to 2030.
Overview
Cryptocurrency | Qtum |
Token | QTUM |
Price | $2.3 |
Market Cap | $248,382,372 |
Trading Volume | $31,014,915 |
Circulating Supply | 105,293,015 QTUM |
All-time High | $106 |
All-time Low | $0.7 |
Qtum Technical Analysis
Metric | Value |
Current Price | $ 2.38 |
Price Prediction | $ 2.61 (10.96%) |
Fear & Greed Index | 30 (Fear) |
Sentiment | Bearish |
Volatility | 8.71% |
Green Days | 13/30 (43%) |
50-Day SMA | $ 2.44 |
200-Day SMA | $ 3.36 |
14-Day RSI | 47.55 |
QTUM Price Analysis
Qtum price faces bearish pressure around $2.4
- QTUM price analysis shows a bearish pattern as it hovers around $2.4.
- Resistance for Qtum is present at $2.7
- Support for QTUM/USD is present at $1.7
The QTUM price analysis for 28 August confirms that Qtum witnessed bearish pressure as it faced increased selling activity. The price is currently aiming for a drop below $2.
Qtum price analysis 1-day chart: QTUM price attempts to meet buyers’ demand
Analyzing the daily price chart of QTUM tokens, Qtum’s price witnessed a bearish correction after bulls failed to defend immediate Fib lines. Over the last 24 hours, Qtum price has been on a minor bearish path as sellers pushed the price toward $2.4. The 24-hour volume declined to $966K, showing a decreased interest in trading activity today. Qtum price is currently trading at $2.33, decreasing by over 1.1% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and currently hovers around 46-level, showing that bulls are slowly gaining the momentum of the price. The SMA-14 level suggests upward volatility in the next few hours.
Qtum/USDT 4-hour price chart: Bearish dominance surges around EMA trendlines
The 4-hour Qtum price chart suggests QTUM continues to experience bearish activity near EMA lines, creating a negative sentiment on the price chart. As the price continues to hold below EMA lines, bulls are aiming for a break above the EMA20 trend line.
The BoP indicator is trading in a bearish region at 0.8, hinting that sellers are trying to build pressure near resistance levels and boost an upward correction.
Additionally, the MACD trend line has formed red candles below the signal line and the indicator aims for a negative momentum, strengthening bearish positions.
Qtum Price Predictions: Levels And Action
Daily Simple Moving Average (SMA)
Period | Value | Action |
SMA 3 | $ 2.38 | SELL |
SMA 5 | $ 2.48 | SELL |
SMA 10 | $ 2.45 | SELL |
SMA 21 | $ 2.37 | BUY |
SMA 50 | $ 2.44 | SELL |
SMA 100 | $ 2.74 | SELL |
SMA 200 | $ 3.36 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
EMA 3 | $ 2.41 | SELL |
EMA 5 | $ 2.36 | BUY |
EMA 10 | $ 2.31 | BUY |
EMA 21 | $ 2.32 | BUY |
EMA 50 | $ 2.46 | SELL |
EMA 100 | $ 2.75 | SELL |
EMA 200 | $ 3.02 | SELL |
What to expect from Qtum price analysis next?
The hourly price chart confirms bears are making efforts to prevent the Qtum price from an immediate surge. However, if the Qtum price successfully breaks above $2.73, it may surge higher and touch the resistance at $3.6.
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If bulls cannot initiate a surge, Qtum price may drop below the immediate support line at $1.7, resulting in a correction to $1.2.
Is Qtum a Good Investment?
The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and historical post-halving rallies. Some of the hottest sectors so far this summer were memes, RWA and AI projects.
As QTUM price is set to surge further, it can be a good investment option in the long run. As with any cryptocurrency investment, conducting thorough research is crucial before investing in QTUM.
Why is the QTUM Price Up Today?
QTUM price witnessed a bullish reversal following intense selloff over the last few days. The price successfully rebounded above $2.3 and is now aiming for $3.
Will QTUM Price Reach $10?
QTUM price might soon reach the $10 mark in 2027 if the buying demand continues to surge and Qtum attracts altcoin investors.
Will QTUM Price Reach $100?
Due to the effort of the community, Qtum Coin’s prices will continue to increase. However, there is currently no indication that the Qtum (QTUM) Coin will reach $100 in the near future, which is a long-term target.
Is QTUM a Good Long-Term Investment?
QTUM has gained popularity thanks to strong community support. However, it’s crucial to conduct thorough research into their long-term potential to determine if it represents a viable long-term investment.
Recent QTUM News/Opinions
The Qtum Foundation has deployed 10,000 GPUs to support its new blockchain AI ecosystem, signaling a shift from crypto mining to AI. COO Miguel Palencia emphasized the credibility this move adds to their AI efforts amid rising GPU demand across AI, gaming, and crypto mining sectors.
QTUM Price Prediction September 2024
Over the last few days, QTUM coin price has been on a downward trend and it aims to drop below crucial Fib levels. If the BTC price aims for a recovery above $65K this month, we might see a solid recovery in the QTUM price.
According to technical analysis, we might see the QTUM price to record the maximum level of $2.8 and minimum price of $1.8, with an expected average trading price of $2.5 throughout September.
See also Avalanche price prediction 2024-2030: Time to buy AVAX?
See also TON price prediction 2024-2030: Will TON reach $100?
Qtum Price Prediction | Potential Low | Potential Average | Potential High |
Qtum Price Prediction September 2024 | $1.8 | $2.5 | $2.8 |
Qtum Price Forecast 2024
The effects of Bitcoin Halving typically appear 12-18 months afterward, but 2024 might see a different trend due to heightened institutional interest and improved macroeconomic factors.
In 2024, the price of Qtum is anticipated to have a minimum value of $2.85. It could potentially climb to a maximum of $3.19, with an average price around $2.98 for the year.
Qtum Price Prediction | Potential Low | Potential Average | Potential High |
Qtum Price Prediction 2024 | 2.85 | 2.98 | 3.19 |
Qtum Price Prediction 2025-2030
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2025 | 4.12 | 4.24 | 4.96 |
2026 | 5.95 | 6.16 | 7.11 |
2027 | 8.73 | 9.04 | 10.32 |
2028 | 12.77 | 13.14 | 15.13 |
2029 | 18.43 | 19.09 | 21.82 |
2030 | 26.78 | 27.74 | 31.53 |
Qtum Price Prediction 2025
By 2025, Qtum is expected to reach a minimum value of $4.12. The price might go up to a maximum of $4.96, with an average trading price of $4.24 during the year.
QTUM Price Forecast for 2026
According to forecasts and technical analysis, the price of Qtum in 2026 is projected to have a minimum value of $5.95. It could potentially rise to a maximum of $7.11, with an average value around $6.16.
Qtum (QTUM) Price Prediction 2027
For 2027, the price of Qtum is estimated to reach a minimum of $8.73. It could increase to a maximum of $10.32, with an average trading price of $9.04 throughout the year.
Qtum Price Prediction 2028
In 2028, Qtum’s price is forecasted to have a lowest possible level of $12.77. Based on our analysis, the price could peak at $15.13, with an average forecast price of $13.14.
Qtum Price Prediction 2029
For 2029, the price of Qtum is expected to reach a minimum of $18.43. It might attain a maximum level of $21.82, with an average price of $19.09 throughout the year.
Qtum (QTUM) Price Prediction 2030
Looking ahead to 2030, Qtum’s price is forecasted to have a lowest possible level of $26.78. It could reach a maximum level of $31.53, with an average forecast price of $27.74.
Qtum Market Price Prediction: Analysts’ QTUM Price Forecast
Firm Name | 2024 | 2025 |
Coincodex | 3.19 | 3.71 |
DigitalCoinPrice | 5.19 | 6.13 |
Changelly | 2.92 | 3.92 |
Cryptopolitan’s Qtum Price Prediction
At Cryptopolitan, we are bullish on the Qtum price movements as the coin is expected to surge to new highs by the end of this year. In 2024, the price of Qtum is anticipated to have a minimum value of $2.85. It could potentially climb to a maximum of $3.19, with an average price around $2.98 for the year.
Qtum Historical Price Sentiment
- Qtum price started trading at a price of $10 in 2017.
- The price triggered a bull run in 2018 as it surged toward $86 in January.
- However, the price declined later as it continued to consolidate within the bearish region of $3 in the following years.
- The price surged toward $26 in 2021 as buyers dominated.
- The price later declined and is currently consolidating between $2-$3 in recent years.