Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Qtum is up 16.93% today against the US Dollar
- QTUM/BTC increased by 16.84% today
- QTUM/ETH increased by 17.16% today
- Qtum is currently trading 14.13% below our prediction on Nov 02, 2023
- Qtum gained 35.15% in the last month and is up 4.89% since 1 year ago
| Qtum price | $ 2.94 |
| Qtum prediction | $ 3.42 (16.45%) |
| Sentiment | Neutral |
| Fear & Greed index | 65 (Greed) |
| Key support levels | $ 2.53, $ 2.31, $ 2.19 |
| Key resistance levels | $ 2.87, $ 2.98, $ 3.20 |
QTUM price is expected to rise by 16.45% in the next 5 days according to our Qtum price prediction
According to our Qtum price prediction, QTUM is expected to reach a price of $ 3.42 by Nov 02, 2023. This would represent a 16.45% price increase for QTUM in the next 5 days.
QTUM Price Prediction Chart
Buy/Sell Qtum
What has been going on with Qtum in the last 30 days
Qtum has been displaying a positive trend recently, as the coin gained 35.15% in the last 30-days. The medium-term trend for Qtum has been bullish, with QTUM increasing by 11.93% in the last 3 months. The long-term picture for Qtum has been positive, as QTUM is currently displaying a 4.89% 1-year price change. On this day last year, QTUM was trading at $ 2.80.
Qtum reached its all-time high price on Jan 06, 2018, when the price of QTUM peaked at $ 112.32. The current QTUM cycle high is $ 34.57, while the cycle low is at $ 0.749620. QTUM has been displaying low volatility recently – the 1-month volatility of the coin is at 5.04. Qtum recorded 18 green days in the last 30 days.
Qtum technical analysis for today – Oct 28, 2023
The sentiment in the Qtum markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 2.53, $ 2.31 and $ 2.19, while $ 2.87, $ 2.98 and $ 3.20 are the key resistance levels.
Neutral sentiment for Qtum
23 indicators are currently signaling a bullish prediction for Qtum, while 10 indicators are showing a bearish forecast. With 70% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Qtum.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 65 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Qtum moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Qtum is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 2.57 (BUY) | $ 2.75 (BUY) | – | – |
| MA5 | $ 2.53 (BUY) | $ 2.61 (BUY) | – | – |
| MA10 | $ 2.38 (BUY) | $ 2.47 (BUY) | – | – |
| MA21 | $ 2.27 (BUY) | $ 2.35 (BUY) | $ 2.39 (BUY) | $ 2.40 (BUY) |
| MA50 | $ 2.23 (BUY) | $ 2.28 (BUY) | $ 2.53 (BUY) | $ 2.78 (BUY) |
| MA100 | $ 2.32 (BUY) | $ 2.33 (BUY) | $ 3.86 (SELL) | $ 3.73 (SELL) |
| MA200 | $ 2.50 (BUY) | $ 2.46 (BUY) | $ 4.98 (SELL) | $ 4.84 (SELL) |
| Period | Value | Action |
| RSI (14) | 80.27 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 26.37 | SELL |
| Awesome Oscillator (5, 34) | 0.17 | NEUTRAL |
| Momentum (10) | 0.31 | NEUTRAL |
| MACD (12, 26) | 0.04 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 72.63 | SELL |
| VWMA (10) | 2.36 | BUY |
| Hull Moving Average (9) | 2.53 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.30 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Qtum is at 80.27, suggesting that QTUM is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Qtum over the last 50 days. Currently, Qtum is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the QTUM closing price for the last 200 days. QTUM is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Qtum prediction
After considering the above factors, we can conclude that the current forecast for Qtum price prediction is Neutral. QTUM would have to increase by 16.45% to hit our $ 3.42 target within the next five days. Moving forward, it will be important to monitor the QTUM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Qtum price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/33806/qtum-prediction-october-28-2023/