QTUM Price Prediction Today: Daily (QTUM) Value Forecast – July 2

  • The short and medium-term outlook is in the downtrend.
  • Traders may consider selling at pullback areas.

QTUM/USD Medium-term Trend: Bearish

Supply zone: $4.00, $4.50, $5.00
Demand zone: $2.50, $2.00, $1.50

QTUM is in a bearish trend in the medium-term outlook. The journey down south began after the formation of the double top at $5.50 after a retest of the previous high by the bull. Increased bearish momentum pushed price down to $4.81 breaking the support at the 10-EMA.

The support at the 50-EMA was broken before the end of yesterday session as QTUMUSD fell to $4.37 in the demand area.

The bears remained dominant as the market open today on a bearish note at $4.90 as the 4-hour candle closed a bearish spinning top as price drops to $4.37 shortly after opening.

The signal of the stochastic oscillator points down at 22% with price below the two EMA an indication of downward momentum in price. $3.80 in the demand area remained as the bears' mounts pressure in the medium-term.

QTUM/USD Short-term Trend: Bearish

Qtum is in a downtrend in the short-term outlook. The bulls lost momentum shortly after today's’ opening at $6.06 in the supply area. The wick in the candle denotes exhaustion as the bears took control.

The 50-EMA and the trendline are strong resistance as price bounces off and dropped initially to $4.34 in the demand area.

Price is below the two EMAs and stochastic oscillator points down at 38% suggesting further downward movement in the short-term. $4.20 in the demand area is on the card as bears initial target as more sellers take positions in the short-term.

Live Qtum (QTUM) Price:

1 QTUM/USD =$23.9294 change ~ -14.07%

Coin Market Cap

$2.35 Billion

24 Hour Volume

$957.78 Million

24 Hour VWAP


24 Hour Change



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 Daily Headlines

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

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide