Qtum is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoin and Ethereum in one chain. QTUM, at the time of writing is still around 84% off it's all time high of January 2018. It's had a couple of nice breakouts, and hasn't revisited the the lows of 2020. The chart...
We can see in the previous idea QRL/USD that it is obvious what is going on...
Accumulation is still in progress but as the BTC slicing down we see that QRL community is defeating the market for more losses, Price is settled at 0.15$ per QRL, but as the BTC traveling to at least 6800$ we can see more rising of QRL compared to BTC.
Quantum was trading in a range. It broke out and has a good potential. It is now testing the upper part of the previous trading range. A few scenarios now are moon or dump. If it closes below the yellow line it could go back to the lower end of the previous trading range. If the upper end of the trading range supports it, then quantum could go to the following...
