QTUM Price Prediction: Long-term (QTUM) Value Forecast – July 6

  • QTUM/USD market has been hovering around $5 mark.
  • The QTUM/USD bulls may not be able to push past $7 and $6 territories afterward.

QTUM/USD Long-term Trend – Ranging

  • Distribution territories: $7, $8, $9
  • Accumulation territories: $3, $2, $1

The worth of QTUM/USD market has been slightly falling in upper range spots now found between $6 and $4 price territories in the last couple of days. The market has been significantly hovering around the median range point at $5.

The 14-day SMA trend-line has moved northwards from below to near the median choppy point. The 50-day SMA indicator is located underneath the $4 lower range line of the market. The Stochastic Oscillators have taken to a long consolidation moving mode around range 40 overtime to attest to the current choppy conditions of the market.

Indications have now shown that there are possibilities of seeing this crypto-trade succumbing to probable downward pressure between $7 and $6 territories as it appears that the bulls may not be able to sustainably push past them. As a result, the bears may find a decent entry around those trading zones in the long run.

Qtum:

Live Qtum (QTUM) Price:

1 QTUM/USD =$2.6385 change ~ -5.03%

Coin Market Cap

$255.74 Million

24 Hour Volume

$62.47 Million

24 Hour VWAP

$3

24 Hour Change

$-0.1328

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

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,469FansLike
2,795FollowersFollow
4,234FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange

DeFi lending platform, Aave completes its first-ever ‘credit delegation’ as DeversiFi borrows over $230,000 without posting collateral. The service agreement was signed on...

Bitcoin Futures Trading at a High Premium; Already Hitting $12,000 on CME

Bitcoin has yet again gained momentum, with people expecting for $12k to hit soon. According to analyst Mati Greenspan, for a sustainable rally, a...

Polkadot (DOT) Launches The First Parachain Implementation Testnet, Rococo

Polkadot introduces parachain functionality with Rococo testnet, a Proof of Authority (PoA) network, allowing users to send direct messages to the Relay Chain and...

Bitcoin Self-Custody Provider Casa Now Allows Users to Buy BTC via Apple Pay

Bitcoin self custody service provider, Casa now allows its customers to buy and hold their own bitcoin. Selling BTC is not supported yet. According...

Four Top Chinese State-Owned Banks Are Testing The Chinese Digital Yuan Project (DCEP)

In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today