Qtum (QTUMUSDT) Market Overview: Consolidation Amid Rising Volatility

• Qtum consolidated within a 2.516–2.686 range, with a bearish 15-minute close near key support at 2.576.
• Strong volume spikes were observed during the 17:30–18:00 ET window, coinciding with a failed bullish breakout.
• RSI remains in neutral territory (45–55), suggesting no immediate overbought or oversold signals.
• Bollinger Bands show mild contraction, indicating potential for increased volatility ahead.
• A bullish 61.8% Fibonacci retracement level at 2.635 appears to have capped recent buying pressure.

Qtum (QTUMUSDT) opened at 2.556 on 2025-07-20 12:00 ET, reached a high of 2.686, and closed at 2.576 by 2025-07-21 12:00 ET. Total 24-hour volume was approximately 1,652,438.6 units, with a notional turnover of $4,273,850.

Structure & Formations

Qtum’s 24-hour price action reveals a tight consolidation pattern between 2.516 and 2.686. A bearish engulfing pattern formed during the 18:15–18:30 ET window, confirming a short-term reversal. A long lower shadow at 2.54–2.56 suggests strong support in that range, which may hold in the near term.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a slight bearish crossover, with price trading below both. On the daily timeframe, the 50- and 100-period lines are closely aligned, indicating a potential trend pause.

MACD & RSI

MACD remains in a neutral zone with no strong divergence, suggesting a balanced bear-bull dynamic. RSI oscillated between 45 and 55, indicating a lack of extreme momentum. A potential overbought condition could form if the price retests the 2.686 level, but no immediate signs of exhaustion are evident.

Bollinger Bands

Bollinger Bands have shown a mild contraction over the last 6 hours, suggesting a potential breakout or breakdown. Price has remained within the bands for most of the period, with a brief touch of the upper band at 2.686 and a retest of the lower band at 2.516.

Volume & Turnover

Volume surged during the 17:30–18:30 ET window, coinciding with a failed bullish breakout from the 2.54–2.58 range. Notional turnover increased in line with volume, showing confirmation of price action. However, a divergence between volume and price during the 00:15–01:00 ET window suggests weakening conviction on the bearish side.

Fibonacci Retracements

A key 61.8% Fibonacci retracement level at 2.635 acted as a resistance during the 17:30–18:00 ET window. The 38.2% level at 2.607 appears to have provided temporary support. If the price breaks below 2.54, the next 61.8% level at 2.50 may come into play as a new psychological floor.

Qtum appears poised for a directional move, with support at 2.54 and resistance at 2.635 as key levels to watch. Traders may find opportunities in the coming 24 hours if the price tests these levels, but volatility and volume dynamics remain key risks to monitor.