QTUM Price Prediction: Long-term (QTUM) Value Forecast – July 20

  • QTUM/USD market has been featuring in a range around $3 point since July 15 until the now.
  • More range price movements around $4 and $3 price territories in the next trading sessions are imminent.

QTUM/USD Long-term Trend – Ranging

  • Distribution territories: $6, $7, $8
  • Accumulation territories: $2, $1.50, $0.50

Price movements of the QTUM/USD market have been featuring in a range around $3 point since July 15 until the now. Lately, the crypto’s trend was in a bearish outlook. As at now, the choppy moving mode settings have been forming under the trend-lines of the trading SMAs.

The 14-day SMA indicator has just briefly intercepted the 50-day SMA from the top. That signifies the extent at which the pair’s drop in value. The Stochastic Oscillators now feebly point to the north at range 20. That could still lead to seeing choppier price movements in the market.

The slow interception that has taken place between the two SMA trading indicators could cause the crypto-market to witness more range price movements around $4 and $3 price territories in the next trading sessions. The bears may lead in a consolidation movement by bringing the value down to around $2 immediate accumulation territory. The Bulls seem not coming back with full force soon into this crypto-market.

Qtum:

Live Qtum (QTUM) Price:

1 QTUM/USD =$2.6437 change ~ -4.90%

Coin Market Cap

$256.24 Million

24 Hour Volume

$62.43 Million

24 Hour VWAP

$3

24 Hour Change

$-0.1295

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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