QTUM +49.11% in 24 Hours Amid Strong Short-Term Momentum

On OCT 1 2025, QTUM rose by 49.11% within 24 hours to reach $2.245, QTUM rose by 255.13% within 7 days, rose by 602.92% within 1 month, and dropped by 1463.78% within 1 year.

The recent price surge has drawn attention from the digital asset market, with QTUM exhibiting robust momentum across short and medium timeframes. While the broader market has seen mixed performance over the past year, QTUM’s 602.92% rise in the last month highlights a strong and sustained recovery. This uptrend has been fueled by a series of bullish price patterns that have unfolded consistently over the past weeks.

Technical indicators reflect the growing strength of the asset’s momentum. The Relative Strength Index (RSI) has moved into overbought territory, suggesting continued buying pressure. Similarly, the Moving Average Convergence Divergence (MACD) remains positive, indicating that the bullish trend is likely to persist in the near term. These signals suggest that QTUM is in a phase of strong upward momentum, driven by both algorithmic and retail buying activity.

The recent price action is consistent with a breakout pattern, in which QTUM has successfully moved beyond key resistance levels. Traders and analysts have noted the formation of a bullish flag pattern, a technical formation that typically precedes a continuation of the prevailing trend. The pattern suggests that QTUM is likely to test higher levels in the coming weeks, assuming the current volume and volatility remain consistent.

Technical analysts have emphasized the importance of maintaining a bullish outlook for the near term, while acknowledging that the long-term chart remains bearish. The sharp 1463.78% drop over the past year indicates that QTUM has a long way to recover in the grand scheme of its historical performance. However, the recent rally underscores the asset's potential to regain market confidence and reestablish itself as a viable long-term investment.

Backtest Hypothesis

A proposed trading strategy based on QTUM’s recent technical setup involves entering a long position at key breakout levels, with stop-loss orders placed just below key support levels. The strategy aims to capitalize on the continuation of the bullish flag pattern and the strong RSI and MACD signals. The expected profit target aligns with the measured move of the flag pattern, providing a clear risk-to-reward ratio.

This approach is designed to test the reliability of the technical indicators and the pattern’s predictive power in a controlled environment. Historical data will be used to simulate trades over a defined time period, assessing the strategy's effectiveness and potential for profit. If the backtest confirms a high win rate and acceptable drawdown, the strategy could serve as a robust model for traders seeking to profit from QTUM’s momentum.