QTUM/USD breakout destroyed several daily resistance levels. Qtum managed to climb above $2 and hit $2.1 on Binance. Qtum was relatively flat as most of the market until July 8. The breakout put QTUM above $2 and broke the resistance level at $1.84 and $1.94, as well as, 2$ psychological level. This recent bull move only puts QTUM at the level it was before the crash on March 12. QTUM/USD daily chart The 12-EMA and the 26-EMA have crossed bullishly on July 6 and the MACD on July 5. The daily RSI is on the verge of being overextended and could indicate a short-term pullback after such a significant bull break. The next resistance level is all the way up at $2.33 and $2.62. The overall trading volume is a monthly high. QTUM/USD 4-hour chart The RSI is extremely overextended and QTUM is already under some consolidation. Bulls can use $2 as a support level followed by the 12-EMA, currently located at $1.87. The critical support level to hold is $1.74, the last low of the 4-hour uptrend. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CAD Price Analysis: The pair is about to test the key support zone of 1.3485 FX Street 3 years QTUM/USD breakout destroyed several daily resistance levels. Qtum managed to climb above $2 and hit $2.1 on Binance. Qtum was relatively flat as most of the market until July 8. The breakout put QTUM above $2 and broke the resistance level at $1.84 and $1.94, as well as, 2$ psychological level. This recent bull move only puts QTUM at the level it was before the crash on March 12. QTUM/USD daily chart The 12-EMA and the 26-EMA have crossed bullishly on July 6 and the MACD on July 5. The daily RSI is on the verge of being overextended and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
