QTUM Price Prediction: Long-term (QTUM) Value Forecast – June 15
- QTUM's price worth has been very tightly trading towards the north against the USD's market valuation.
- Traders need to exercise some degree of cautiousness in the joining of the bullish sentiment of this market.
QTUM/USD Long-term Trend – Bullish
- Distribution territories: $4.50, $5, $5.50
- Accumulation territories: $2.5, $2, $1.50
Taking a closer look at the QTUM/USD market’s trend in the long-term run outlook this week, there have been slow and steady price increases in the trade. Equally, the slight increases have not been far away from the last range zone of the crypto-market.
The slight appreciations have been kept in line with the major ranging spots that the market had in the week before the last. As depicted by the trading char currently, the price has continued to trade slowly over the two SMA indicators. The 14-day SMA is located above the 50-day SMA as $3 horizontal line is found between them. The Stochastic Oscillators have now bent towards range 60 to point north.
The QTUM/USD trade has now been found in a mote of mustering momentum most especially while price declines to find a stance for the bulls around the 50-day SMA trading indicator. Entering a position at the break of the 50-day SMA to the south might not be technically ideal to go short on this market.
Live Qtum (QTUM) Price:
1 QTUM/USD =$8.8278 change ~ -3.28%
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