The cryptocurrency market has proven nice indicators of restoration throughout the previous 24 hours. With Bitcoin retesting the $45K resistance stage, many altcoins have adopted this pattern and are displaying nice restoration indicators. QTUM is among the many best-performing cash prior to now 24 hours after having made double-digit features.
QTUM is buying and selling at $11.57 at the time of writing after a 19.2% achieve.
QTUM Price Analysis
Since the tip of September, the coin has been on a significant upswing that is inching the coin nearer in the direction of recovering its month-to-month highs. While some features have been attributed to broader market assist, consumers have performed a key function on this upswing.
QTUM is at the moment inching in the direction of the next resistance of $12. This stage is achievable if the broader market continues with the upward trajectory. If this assist is maintained for the rest of the month, we might see the token heading in the direction of the upper ranges of $13 and past, which might pave the best way for the coin to obtain new month-to-month highs.
On the opposite hand, assist from the broader market might fail at any time, provided that volatility is nonetheless excessive. Considering this issue, we might see QTUM retesting the decrease assist ranges of $9. The coin was buying and selling at round these ranges earlier than the market began rallying.
The buzz surrounding the coin is growing, provided that the platform has introduced the QTUM neighborhood occasion. This event can be hosted by Binance, and it’ll permit the QTUM neighborhood members to share within the rewards. The occasion will begin on October 1 and finish on October 8, with a $100,000 reward being up for grabs.
Where to Buy QTUM
To purchase QTUM throughout the present upswing, open an account on the next dependable exchanges:
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You can purchase QTUM from Binance, the biggest alternate platform. Binance is not solely one of many best alternate platforms to use, nevertheless it additionally fees among the lowest buying and selling charges. Binance additionally helps a broad vary of cryptocurrencies and buying and selling pairs.
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