Qtum Holds at $2.20 Support as Price Targets $3.60 and $6 for A Breakout.
Current Trading Status: Qtum is currently trading at $2.36 after bouncing off a critical support level of $2.20, with potential upward targets of $3.60 and resistance at $6 if momentum continues.
Market Outlook: Traders are closely monitoring the $2.20 support; maintaining this level could lead to further gains, while a drop below may push the price down towards $1.80.
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Technical Analysis for QTUM
Technical Sentiment Analysis for Qtum (QTUM) As of , Qtum (QTUM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for QTUM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, QTUM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Qtum (QTUM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.372 | 0.571 | 0.784 | 0.983 | 1.196 | 1.395 | 1.608 |
| Fibonacci | 0.571 | 0.729 | 0.826 | 0.983 | 1.141 | 1.238 | 1.395 |
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