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          Home Crypto Price Prediction

          Qtum Price Prediction – Will QTUM Price Hit $1000 in 2030?

          Coinz Press by Coinz Press
          August 10, 2022
          in Crypto Price Prediction
          Qtum Price Prediction

          This Qtum Price Prediction is based only on technical analysis. The important confluences we considered when developing our Qtum price analysis and prediction are listed below. People are becoming increasingly interested in cryptocurrencies. In reality, numerous cryptocurrencies reached new highs during the 2021 bull run. In contrast, specific cryptocurrencies saw a downturn. As a result, many traders and investors are unsure if it is time to sell or wait for a reasonable price.

          According to CoinMarketCap, the former may be the case for Qtum, which has been able to shatter the all-time high price of $106.88 reached on January 7th, 2018. QTUM’s price has risen by 7.5 percent in the last 30 days.

          The crypto market has been trending sideways, with most coins losing their prior profits. Is this case with the Qtum price? In this Qtum price prediction article, we’ll find out soon. Let’s go through what Qtum is.

          What is Qtum (QTUM)?

          Qtum is a platform for decentralized smart contracts. It employs the Proof-of-Stake (PoS) consensus and compensates node operators for validating transactions. It is also a DGP-governed blockchain. Furthermore, community members can vote to modify some network characteristics. Qtum is a Bitcoin Core fork. Still, the foundation has created its hybrid blockchain using several essential features.

          Qtum leverages Bitcoin’s chain due to its simplicity, which allows the foundation to expand atop it more readily. Qtum is based on the UTXO transaction architecture of Bitcoin and employs the Proof-of-Stake mechanism. Binance, Kucoin, Kraken, Coinone, Huobi Global, OKEx, BitZ, and HBTC are currently the leading crypto trading platforms for Qtum.

          Do you believe Qtum will be a viable cryptocurrency in 2022 now that we better understand it? Or are you simply curious? Let us look at the charts in this Qtum price analysis and Qtum price prediction.

          Current Market Situation for Qtum (QTUM)

          The QTUM price is $3.37, with a 24-hour trading volume of $169,465,161 at the time of writing, according to CoinMarketCap. QTUM is one of the cryptocurrency market’s most active and well-discussed digital assets. In the last 24 hours, the price of QTUM has risen by 2.04 percent. If this success continues, QTUM’s crypto rating may move closer to the top 80.

          This is achievable if the bullish market persists throughout the year. If it occurs, the crypto market capitalization may hit $400 billion. A quantity liked by investors and traders all around the world.

          Qtum (QTUM) Price Analysis 2022

          Qtum is currently ranked 92nd on CoinMarketCap. However, will the latest developments and growth in the blockchain help the bitcoin price rise? Let us now focus on the charts in this Qtum price prediction article. The Keltner channel is a technical analysis indicator that detects trend direction by monitoring volatility above and below the candlesticks. We may extrapolate from the Keltner Channel signs for QTUM/USDT that the price of Qtum may become bullish in the next few days because it is almost breaking out at the first half of the channel from the top.

          However, the price may rise in the long run because prominent cryptocurrencies such as Bitcoin and Ethereum have already turned negative after a recent bullish run. The Relative Strength Index (RSI) calculates oversold or overbought assets by measuring the relative momentum of recent price fluctuations. The 1Day chart’s RSI value is 59.34. This indicates that Qtum is on a solid trend since its RSI is between 50 and 70. If investors reposition themselves as buyers or sellers, this value might spark a bullish or bearish run.

          The 200-MA is above the 100-MA chart, indicating that long-term investors might benefit. However, because the distance between the two moving averages is extensive and both moving averages are above the freshly created candlesticks, the coin’s price may rise further.

          QTUM Price Prediction 2022

          The figure below demonstrates how well QTUM has done in recent days. If this trend continues, QTUM may run with the bulls, breaking over its $4.412 resistance level and surging to $16.538 at the resistance8 level, the 2022 bullish signal. If investors abandon the cryptocurrency, the bears may seize control and dethrone QTUM from its upward position. In layman’s words, the price of QTUM might fall to almost $2.373, indicating a negative indication.

          Meanwhile, our QTUM price forecast for 2022 is optimistic. Notably, it is unlikely to exceed its current all-time high (ATH) of around $106.88 this year. Furthermore, QTUM can only achieve new highs if it overcomes several past psychological barriers. If the current upward trend continues, QTUM will be worth $18.220 by the end of 2022.

          Furthermore, QTUM will expand rapidly, reaching $4.412 in July 2022. The growth will continue after moderate, but no significant drops are forecast. With planned collaborations and advances, going $30 is somewhat ambitious in terms of pricing, but it is undeniably doable shortly.

          QTUM Price Prediction 2023

          Suppose Qtum maintains the support level around the 200-MA (long-term moving average). In that case, purchasers will have QTUM time and stability to create the next attack mission on the critical level of around $50, causing it not to drop but to play persistently.

          QTUM Price Prediction 2024

          According to the platform’s most recent upgrades, improvements, QTUM price projection, and new project estimates, QTUM investors may expect more collaborations and integrations around 2024. Furthermore, this may increase the price of QTUM on the crypto market, and it will be the most acceptable investment as the price may rise to approximately $70.

          QTUM Price Prediction 2025

          QTUM prices might reach $100 in the next three years. However, hitting this level may not be as challenging for QTUM as another medium and short-term, and you may discover long-term price objectives for purchase or sell orders. According to the forecast, QTUM will likely attain a new ATH during the next three years.

          QTUM Price Prediction 2030

          QTUM prices might reach $1000 in the next eight years. However, hitting this level may not be as challenging for QTUM as other media, short-term, and you may discover long-term price objectives for purchase or sell orders. According to the forecast, QTUM will likely attain a new ATH during the next eight years.

          Conclusion

          Qtum has a promising future from 2022 to 2030. With continued improvements inside the Qtum ecosystem and the broader crypto market, we may see Qtum reach unprecedented heights. The bullish Qtum price forecast for 2022 is $16.538.

          As previously said, it may even hit $30 if investors conclude that Qtum, along with popular cryptocurrencies such as Bitcoin and Ethereum, is a suitable investment in 2022.

          Also read: AMP Reaches To Year Lows; Will It Bounce Back to All-Time Highs?

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          CoinzPress is one of the leading cryptocurrency news services that cover the latest crypto-related news. The news includes a technical analysis of a wide range of digital currencies as well as forecasts for those electronic currencies. Here at CoinzPress , we aim to enlighten anyone having an interest in the world of cryptocurrency with significant information that could keep them informed.

          So, in short, we cover a range of announcements related to a variety of Alt-coins, digital coins, and any significant news that could create an impact on the trading world and economy.

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