- Bullish QTUM price prediction is $3.602 to $9.285.
- Qtum (QTUM) price might also reach $10 soon.
- Bearish QTUM price prediction for 2022 is $2.476.
In Qtum (QTUM) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about QTUM to analyze the future movement of the cryptocurrency.
Qtum (QTUM) Current Market Status
According to CoinGecko, the price of Qtum (QTUM) is $3.39 with a 24-hour trading volume of $137,930,359 at the time of writing. However, QTUM has decreased by nearly 3.2% in the last 24 hours.
Moreover, Qtum (QTUM) has a circulating supply of 104,261,736 QTUM. Currently, Qtum (QTUM) trades in cryptocurrency exchanges such as Binance, P2PB2B, Upbit, DigiFinex, OKX.
What is Qtum (QTUM)?
Qtum (QTUM) is the native cryptocurrency of the Qtum blockchain. Qtum is a blockchain network founded in 2016. QTUM coin was launched in March 2017. QTUM is utilized for governance, staking and transaction fees within the network.
Qtum is hybrid blockchain that combines the smart contract functionality of Ethereum with the UTXO accounting system of Bitcoin. Qtum does this bridging Bitcoin and Ethereum via its unique system known as Account Abstraction Layer. It deploys a mutualized proof of stake consensus mechanism.
Qtum (QTUM) Price Prediction 2022
Qtum (QTUM) holds the 107th position on CoinGecko right now. QTUM price prediction 2022 is explained below with a daily time frame.
The above chart of Qtum (QTUM) laid out the descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Qtum (QTUM) is in the range of $3.196 If the pattern continues, the price of QTUM might reach the resistance levels of $3.564, and $4.857. If the trend reverses, then the price of QTUM may fall to $3.099and & $2.469.
Qtum (QTUM) Support and Resistance Levels
The chart below shows the support and resistance levels of Qtum (QTUM).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Qtum (QTUM).
| Resistance Level 1 | $3.602 |
| Resistance Level 2 | $4.592 |
| Resistance Level 3 | $6.729 |
| Resistance Level 4 | $9.285 |
| Support Level | $2.476 |
The charts show that Qtum (QTUM) has performed a bullish trend over the past month. If this trend continues, QTUM might run along with the bulls overtaking its resistance level at $9.285.
Accordingly, if the investors turn against crypto, the price of Qtum (QTUM) might plummet to almost $2.476 a bearish signal.
Qtum (QTUM) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Qtum (QTUM) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of QTUM lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Qtum (QTUM) is shown in the chart above. Notably, Qtum (QTUM) price lies above 50 MA (short-term), so it is in an uptrend. Currently, QTUM has entered a bullish state. Therefore, there is a possibility of a reversal trend of QTUM at any time.
Meanwhile, the relative strength index (RSI) of the QTUM is 54.73. This means that Qtum (QTUM) is in an overbought state. However, this means a major price reversal of QTUM may occur in the upcoming days. So, traders need to trade carefully.
Qtum (QTUM) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Qtum (QTUM). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Qtum (QTUM). Currently, the ADX of QTUM lies in the range of 23.779 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of Qtum (QTUM). RVI measures the constant deviation of price changes over a period of time. The RVI of QTUM lies above 50, indicating high volatility. In fact, the RSI of Qtum (QTUM) is at 54.73 thus confirming a potential sell signal.
Comparison of QTUM with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Qtum (QTUM).
From the above chart, we can interpret the price changes of ETH and QTUM are moving in a similar trend. This indicates that when the price of ETH increases or decreases, the price of QTUM also increases or decreases respectively.
Qtum (QTUM) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Qtum (QTUM) might probably attain $13 by 2023.
Qtum (QTUM) Price Prediction 2024
With several upgrades in the network, Qtum (QTUM) might enter a bullish trajectory. If the coin grabs the attention of major investors, QTUM might rally to hit $15 by 2024.
Qtum (QTUM) Price Prediction 2025
If Qtum (QTUM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, QTUM would rally to hit $18.
Qtum (QTUM) Price Prediction 2026
If Qtum (QTUM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, QTUM would rally to hit $21.
Qtum (QTUM) Price Prediction 2027
If Qtum (QTUM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, QTUM would rally to hit $24.
Qtum (QTUM) Price Prediction 2028
If Qtum (QTUM) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, QTUM would hit $27 in 2028.
Qtum (QTUM) Price Prediction 2029
If investors flock in and continue to place their bets on Qtum (QTUM), it would witness major spikes. QTUM might hit $30 by 2029.
Qtum (QTUM) Price Prediction 2030
With greater advancements in the Qtum ecosystem, the crypto community might continue to invest in QTUM for the next 8 years and drive significant price rallies for the token. Hence, Qtum (QTUM) might hit $33 by 2030.
Conclusion
With continuous improvements in the Qtum network, we can say that 2022 is a good year for QTUM. For this reason, the bullish price prediction of Qtum (QTUM) in 2022 is $9.285. On the other hand, the bearish price prediction of Qtum (QTUM) price prediction for 2022 is $2.472.
Furthermore, with the advancements and upgrades to the Qtum ecosystem, the performance of QTUM would help to reach above its current all-time high (ATH) of $100.22 very soon. But, it might also reach $10 if the investors believe that QTUM is a good investment in 2022.
FAQ
Qtum is a blockchain network founded in 2016. The QTUM token is the network’s native token, used for transaction fees, staking, and governance.
Qtum (QTUM) has been listed on many crypto exchanges which include Binance, P2PB2B, Upbit, DigiFinex, OKX.
With the ongoing developments and upgrades within the Qtum platform, QTUM has a high possibility of reaching its ATH soon.
On January 06,2018 Qtum (QTUM) reached its new all-time high (ATH) of $100.22.
Qtum (QTUM) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Qtum in the past few months, QTUM is considered a good investment in 2022.
Qtum (QTUM) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Qtum (QTUM) will hit $10soon..
Qtum (QTUM) price is expected to reach $13 by 2023.
Qtum (QTUM) price is expected to reach $15 by 2024.
Qtum (QTUM) price is expected to reach $18 by 2025.
Qtum (QTUM) price is expected to reach $21 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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Source: https://thenewscrypto.com/qtum-qtum-price-prediction/