Is QTUM Price Ready for a Short-Term Breakout to $4.60?
The QTUM price today trades at $3.03 and it is marking a 15.09% increase over the last 24 hours, with a market cap of $321.35 million. Analysts predict a bullish upside for QTUM price moving forward in the upcoming sessions.Recent Performance and Price IncreaseQTUM has been trending upwards, increasing by 18.94% in the last week, and 38.83% over the last month. The token’s 29.11% year-over-year performance further highlights the continued resilience of QTUM crypto still 97.16% lower than its all-time high of $106.88 set in 2018.Also the coinmarketcap data shows that nearly $330 million trading volume was present in 24-hour, reflecting demand for QTUM.Therefore, per the offchain data, the QTUM price today reflects strong investor interest. This shows renewed attention.QTUM Price Forecast: Bullish Momentum AheadLooking at the QTUM price chart, the analysts suggest that the token could see an upside movement toward the $17-$19 range by the end of the year, which would represent a potential 370% upside from current levels. Analyst believes a declining trendline is being retested on weekly charts. This projection takes into account the positive technical indicators and the growing market sentiment surrounding the project. about to breakout.Multi-year downtrend on the edge.Chart pointing to +370% upside.Targeting $17–19. Short-Term Outlook and Technical LevelsOn the shorter timeframes, such as the daily and 4-hour charts, technical analysis suggests $4.00, $4.20, and $4.60 could be the next key resistance levels for QTUM price USD. However, risk still remains, if Bitcoin or other major assets like ETH face a downturn, QTUM could experience short-term corrections. Conversely, continued bullish sentiment and volume could push the asset toward the higher targets suggested in the analysis. Big bullish breakout awaited on ! 📈I'm buying here! 4.00 – 4.200 – 4.600$ could be the next stop! 🎯