BTC$30 078.86


ETH$2 040.08




USD Coin


Binance Coin




Qtum: To buy or to sell, that is the question

December 2019

We are now at the tail end of 2019, so it is already safe to assess the yearly performance of all cryptocurrencies. There have been some magnificent gainers, like Synthetix (SNX), which has put a remarkable 2613% gains, and Matic Network (MATIC) with 699% increase. But, of course, there were many losers that had negative yearly performance.

The list of “losers” include Qtum (QTUM), a coin that has decreased in value by -21,96% over the course of the year. It can be viewed as a bad result, considering that most neighboring coins were in green this year. This could mean that Qtum can fall lower in the Coinmarketcap ranking (it presently holds the 34th spot) if the poor showings persist.

However, as every experienced trader knows, one shouldn’t rely only on bullish scenarios and build his trading strategy accordingly. The market always moves in waves; therefore, there is a high possibility that soon Qtum would reverse the bearish trend and enter the green territory. But that is unlikely to happen in the next couple of weeks. 

How Qtum behaved in 2019

Judging from the year-to-date chart below, Qtum took an active part in a bull rally, which took place throughout this spring and summer.

The green days of the crypto market ended abruptly at the beginning of August, so did the rapid rise of Qtum price, which had climbed to the height of $5.57, only to have a massive crash to the previous support level of $2,68. That fall marked the inception of a prolonged correction, which saw the price of Qtum sliding slowly but steadily to its current support zone at $1,6.

Interestingly, the price action of Qtum almost mimics the one of Ethereum, while having evident discrepancies with this year’s path of Bitcoin.

Bitcoin to Qtum comparison chart

Ethereum to Qtum comparison chart

Traders who specialize in ETH should take this fact into account and consider the possibility of adding Qtum to their crypto portfolios, because it could open the opportunity for mirror trading.

To summarize, in 2019, Qtum has failed the holders who missed out on the chance to sell the coin somewhere during the bull rally, and now have to suffer through the lingering correction. But those traders who got acquainted with this cryptocurrency only a couple of months ago must now wait for a deeper dip, which should happen sooner rather than later, given Qtum’s unimpressive performance lately.

Even though Qtum holds the promise of future gains, its present situation is close to being dire. The vast majority of technical indicators are pointing at a strong sell, as seen on this meter.

The 14-day Stoch RSI is screaming to sell, echoed by SMAs and EMAs on all time frames. The only indicator that suggests a buy is the 9-day Hull Moving Average - Stochastics and MACD remain neutral at this point.

All in all, the holders of Qtum should either sit tight or cut their losses, while the potential buyers could wait for another dip.

Author: Alex Paulson for


QTUM: The Consolidation is Looming
QTUM: The Consolidation is Looming
Qtum Offline Staking Could Protract the Uptrend
Qtum Offline Staking Could Protract the Uptrend
Qtum: A Step Away From the First Higher High
Qtum: A Step Away From the First Higher High
Qtum: Chugging Along to the Upside
Qtum: Chugging Along to the Upside
Qtum (QTUM) Price Prediction for February 2020
Qtum (QTUM) Price Prediction for February 2020

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.6% 68 $30 078.86 -3.11% -3.12% $572 752 759 821 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 64% 69 $2 040.08 -4.19% -10.99% $246 452 104 779 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $0.998945 -0.01% -0.10% $75 672 207 650 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $1.000508 -0.02% 0.03% $51 903 555 902 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 70% 67 $299.90 -2.87% -3.10% $48 967 465 897 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 68.8% 65 $0.427645 -3.01% -14.63% $20 673 702 175 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 67.2% 69 $0.566998 -2.61% -10.70% $19 137 629 395 ADA 7 days price change
8 Solana (SOL) SOL Solana predictions 59.6% 80 $54.88 -3.41% -17.86% $18 502 523 504 SOL 7 days price change
9 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.001917 0.16% 0.06% $18 021 373 696 BUSD 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 70 $0.088106 -3.91% -19.04% $11 689 066 228 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 62.4% 80 $10.80 -6.53% -3.83% $10 663 415 500 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 60% 82 $33.64 -7.03% -24.96% $9 052 857 409 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 68.8% 68 $30 052.34 -3.06% -3.49% $8 534 982 346 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 67.6% 65 $0.069883 -2.03% -7.52% $6 832 451 366 TRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 64.8% 79 $0.000012 -4.41% -19.78% $6 682 885 305 SHIB 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.