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    QTUM Price Prediction Today: Daily (QTUM) Value Forecast – June 28

    • The short and medium-term outlook is in the bullish trend.
    • Responsible buying may be considered.

    QTUM/USD Medium-term Trend: Bullish

    Supply zone: $8.00, $8.50, $9.00
    Demand zone: $2.50, $2.00, $1.50

    QTUM is in a bullish trend in the medium-term outlook. The bulls exercise strong pressure on the coin led to a rise in price to $6.30 in the supply area on 26th June. The wick in the candle implies exhaustion as the bears gradually took control of the market.

    The retracement was deep as the cryptocurrency fell to $3.98 in the demand area during yesterday session. This was the 78.6 fib level, a trend reversal area.

    The bulls gradually return with price initially up at $4.64 and later at $5.14 as the bulls confirm their hold of the market with a large candle.

    Price is above the two EMAs and the stochastic oscillator signal points up at 49%. These suggest an upward momentum in price in the medium-term. $6.40 in the supply area may be retested.

    QTUM/USD Short-term Trend: Bullish

    Qtum is in an uptrend in the short-term outlook. The market opened on a bullish note today at $4.27 and push the coin up to $4.75 in the supply area above the two EMAs.

    Increased momentum pushed the cryptocurrency further up to $5.14 in the supply area before exhaustion sets in.

    Price is above the two EMAs an indication of bullish pressure. $5.40 in the supply area is bulls initial target as more buyers take positions in the market in the short-term.

    Live Qtum (QTUM) Price:

    1 QTUM/USD =$1.2770 change ~ 1.72%

    Coin Market Cap

    $123.24 Million

    24 Hour Volume

    $58.81 Million

    24 Hour VWAP

    $1

    24 Hour Change

    $0.0220

     

    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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    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

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