Qtum Price Prediction – Will QTUM Price Hit $30 in 2022?

This Qtum (QTUM) Price Forecast 2022 article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our Qtum price analysis and prediction.

Nowadays, people are showing huge interest in cryptocurrency. In fact, there are many cryptos that surged to a new all-time during this 2021 bull run. In contrast, some crypto also had a downtrend. Consequently, many traders and investors are confused about whether it is time to sell or hold out for a good price. For Qtum, the former may be the case since it has been able to break the all-time high price of $106.88 which it attained on January 7^th, 2018 according to CoinMarketCap. The price of QTUM has increased by 7.5% in the past 30 days.

Nevertheless, the crypto market is moving sideways lately, and most cryptos are losing their previous profits. Is the scenario the same with Qtum price? We’ll find out shortly in this Qtum price analysis 2022 article. But first, let’s have a look at what Qtum is.

What Is Qtum (QTUM)?

Qtum is a decentralized smart contracts platform. It uses the Proof-of-Stake (PoS) consensus, which means the node operators are rewarded for validating transactions. Moreover, it is a DGP governed blockchain.

In addition, community participants can vote to make changes to certain network parameters. Qtum is built on a Bitcoin Core fork, but the foundation has developed its own hybrid blockchain with the help of several key tools.

Qtum uses Bitcoin’s chain because of its simple nature, allowing the foundation to build upon it more easily. Qtum builds on Bitcoin’s UTXO transaction model and uses the Proof-of-Stake mechanism. Currently, the top crypto trading platforms for Qtum are Binance, Kucoin, Kraken, Coinone, Huobi Global, OKEx, BitZ, and HBTC.

Now that we have an idea about Qtum, do you think Qtum will be profitable crypto in 2022? Or, are you curious to find out? Join me and let us see the charts in this Qtum price analysis and Qtum price prediction.

Qtum (QTUM) Current Market Status

According to CoinMarketCap, the QTUM price is at $3.37 with a 24-hour trading volume of $169,465,161, at the time of writing. QTUM is one of the most active and most talked about digital assets in the crypto world. QTUM price has increased by 2.04% in the past 24 hours.

If this performance keeps going, QTUM might level up its crypto ranking closer to the top 80 cryptos. Indeed, this is possible if the bullish market remains with the crypto throughout the year. If it does, the market capitalization of the crypto may reach the bullish amount of $400 billion soon. Truly, an amount favored by investors and traders around the world.

Qtum (QTUM) Price Analysis 2022

Currently, Qtum holds 92nd place on CoinMarketCap. But will the recent changes and development in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this Qtum price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for QTUM/USDT, we can deduce that the price of Qtum might get bullish in some days since the price is almost breaking out at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 59.34.  This shows that Qtum is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlesticks, the price of the coin might continue to increase.

Qtum (QTUM) Price Prediction 2022

The chart below shows that QTUM has performed great over the past few days. If this trend continues, QTUM might run along with the bulls, overtaking its $4.412 resistance1 level and climb higher to $16.538 at the resistance8 level, the 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone QTUM from its uptrend position. In simpler terms, the price of QTUM might plummet to almost $2.373, a bearish signal.

Meanwhile, our long-term QTUM price prediction for 2022 is bullish. Notably, it is not much possible to surpass its current all-time-high (ATH) at about $106.88 this year. Moreover, QTUM can reach new highs only if it breaks many previous psychological resistances.

If this bullish trend continues, QTUM will reach $18.220 by the end of 2022. Moreover, in July 2022, QTUM is going to show fast growth, up to $4.412. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $30 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Qtum (QTUM) Price Prediction 2023

If Qtum holds the support level around 200-MA which is the long-term moving average, buyers will then have QTUM time and stability to forge the next attack mission on the vital level at $50, making it not plummet but play consistently.

Qtum (QTUM) Price Prediction 2024

As per the latest upgrades, developments, QTUM price prediction, and new project forecasts of the platform, QTUM investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of QTUM in the crypto market, and it will be the best investment as the price can spike and reach around $70.

Qtum (QTUM) Price Prediction 2025

In the next three years, QTUM prices could race up to $100. However, reaching this level could not be so difficult for QTUM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that QTUM has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

Qtum (QTUM) Price Prediction 2026

In the next four years, QTUM prices could race up to $200. However, reaching this level could not be so difficult for QTUM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that QTUM has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

Qtum (QTUM) Price Prediction 2027

As per the latest upgrades, developments, QTUM price prediction, and new project forecasts of the platform, QTUM investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of QTUM in the crypto market, and it will be the best investment as the price can spike and reach around $400.

Qtum (QTUM) Price Prediction 2028

In the next six years, QTUM prices could race up to $600. However, reaching this level could not be so difficult for QTUM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that QTUM has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

Qtum (QTUM) Price Prediction 2029

As per the latest upgrades, developments, QTUM price prediction, and new project forecasts of the platform, QTUM investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of QTUM in the crypto market, and it will be the best investment as the price can spike and reach around $800.

Qtum (QTUM) Price Prediction 2030

In the next eight years, QTUM prices could race up to $1000. However, reaching this level could not be so difficult for QTUM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that QTUM has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

Qtum has a bright future ahead of it from 2022 to 2030. With ongoing developments happening within the Qtum ecosystem, as well as in the overall crypto market, we may see Qtum reach new heights.

Bullish Qtum price prediction 2022 is $16.538. As said above, it may even reach $30 if investors have decided that Qtum is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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