Qtum Price Prediction – Will QTUM Price Hit $30 Soon?

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Qtum Price Prediction 2021

  • Bullish QTUM price prediction ranges from $8.207 to $18.220..
  • QTUM price might also reach $30 soon.
  • QTUM bearish market price prediction for 2022 is $4.845.

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 7th, 2018 according to CoinMarketCap.

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 GlobalOKEx, 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 Current Market Status

According to CoinMarketCap, the QTUM price is at $7.20 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 trades with a 12-month growth rate of 8.7%.



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 $1.858 trillion. Truly, an amount favored by investors and traders around the world.

Qtum Price Analysis

Currently, Qtum holds 97th 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.

QTUM/USDT 1Day Chart Showing Keltner Channel Indicator (Source: Tradingview)

From the Keltner Channel Indicator above, for the 1 Day chart of Qtum (QTUM), we can observe that the price is in the first half of the top curve and is consolidating. More market pressure from investors could drive the price higher since the last candlestick formed is bullish.

QTUM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The relative strength index (RSI) value of QTUM/USDT is 53.40, which indicates a strong trend since it lies between 50 and 70. However, the buyers might have their way since it is pointing upwards towards 70, which is a region of overbought.

QTUM/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the chart above, the price of Qtum is bullish in the long0term since the 200-MA is above the 100-MA.

QTUM Price Prediction

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 $8.207 resistance1 level and climb higher to $18.220, 2022 bullish signal.

QTUM/USDT 1Day Chart Showing Resistance and Support Levels (Source: Tradingview)

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 $4.845, 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.

QTUM Price Prediction 2022

If this bullish trend continues, QTUM will reach $18.220 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $8.207. 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 Price Prediction 2023

If this bullish trend continues, QTUM will reach $18.220 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $8.207. 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 Price Prediction 2024

As per the latest upgrades, developments, QTUM price prediction, and new project forecasts of the platform. 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 Price Prediction 2025

In the next four 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 five years as per the prediction.

QTUM Price Prediction 2026

In the next five 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 five years as per the prediction.

Conclusion

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

Meanwhile, our long-term Qtum price prediction for 2022 is bullish. It has a high possibility of surpassing its current ATH at about $106.88 this year. However, that will only happen if it breaks past a number of psychological resistances.

Bullish Qtum price prediction 2022 is $18.220. 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

What is QTUM?

Qtum (QTUM) is a decentralized, Proof-of-Stake (PoS) smart contract blockchain and value transfer protocol platform. It uses Bitcoin’s chain because of its simple nature, allowing the foundation to build upon it more easily.

How to Buy QTUM Tokens?

Qtum (QTUM) is a decentralized, Proof-of-Stake (PoS) smart contract blockchain and value transfer protocol platform. It uses Bitcoin’s chain because of its simple nature, allowing the foundation to build upon it more easily.

Is QTUM worth buying?

QTUM is considered one of the top-rising cryptocurrencies this year. It is a good investment in 2022. However, traders, and investors need to take extra care when trading in cryptocurrencies, as they are extremely volatile.

Will QTUM price reach $30?

QTUM price may reach $30 this year if the crypto keeps pumping its growth rate.

Is QTUM coin a good investment?

QTUM is one of the active digital assets in the crypto market. In addition, QTUM is now one of the famous crypto platforms that also creates NFT’s.

What will be the Qtum price by 2022?

Qtum (QTUM) price is expected to reach $18.220 by 2022.

What will be the Qtum price by 2023?

Qtum (QTUM) price is expected to reach $50 by 2023.

What will be the Qtum price by 2024?

Qtum (QTUM) price is expected to reach $70 by 2024.

What will be the Qtum price by 2025?

Qtum (QTUM) price is expected to reach $100 by 2025.

Qtum (QTUM) price is expected to reach $100 by 2025.

Qtum (QTUM) price is expected to reach $200 by 2026.

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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