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Qtum Price Prediction 2023-2032: Will QTUM break its ATH Soon?

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

CryptocurrencyQtum
TokenQTUM
Price$2.3
Market Cap$248,382,372
Trading Volume$31,014,915
Circulating Supply105,293,015 QTUM
All-time High$106
All-time Low$0.7

Qtum Technical Analysis 

MetricValue
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.

Qtum price analysis 1-day chart

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.

Qtum/USDT 4-hour price chart

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.

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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) 

PeriodValueAction
SMA 3$ 2.38SELL
SMA 5$ 2.48SELL
SMA 10$ 2.45SELL
SMA 21$ 2.37BUY
SMA 50$ 2.44SELL
SMA 100$ 2.74SELL
SMA 200$ 3.36SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$ 2.41SELL
EMA 5$ 2.36BUY
EMA 10$ 2.31BUY
EMA 21$ 2.32BUY
EMA 50$ 2.46SELL
EMA 100$ 2.75SELL
EMA 200$ 3.02SELL

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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Qtum price analysis

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.

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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.

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Qtum Price PredictionPotential LowPotential AveragePotential 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 PredictionPotential LowPotential AveragePotential High
Qtum Price Prediction 20242.852.983.19

Qtum Price Prediction 2025-2030

YearMinimum Price ($)Average Price ($)Maximum Price ($)
20254.124.244.96
20265.956.167.11
20278.739.0410.32
202812.7713.1415.13
202918.4319.0921.82
203026.7827.7431.53

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 (QTUM) Price Prediction 2024 - 2030

Qtum Market Price Prediction: Analysts’ QTUM Price Forecast

Firm Name20242025
Coincodex3.193.71
DigitalCoinPrice5.196.13
Changelly2.923.92

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 History
  • 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. 

FAQs

Is Qtum (QTUM) a good investment?

QTUM is one of the active digital assets in the crypto market. In addition, QTUM is now one of the famous crypto platforms that also creates NFTs.

Is QTUM proof of work?

Unlike Bitcoin, which uses a Proof-of-Work (PoW) consensus model, Qtum uses a Proof-of-Stake (PoS) consensus mechanism.

Can QTUM be mined?

Qtum (QTUM) is based on the Proof of Stake (PoS) algorithm. Therefore, it cannot be mined like other traditional coins with GPUs, CPUs, or ASICs. The only way to obtain QTUM is through staking.

What is QTUM coin used for?

The QTUM cryptocurrency plays a key role in maintaining and operating the Qtum network and can be used for holding, spending, sending, or staking. QTUM's main use case is to pay fees for executing contracts on the Qtum blockchain.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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