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QTUM worth looking into (Alternative Investment)

QTUM has greatly suffered during the past 2 weeks but seems in track to break the 52 USD price even though he doesn't have an increasing volume.
The longer trend since mid-december will be crossing the rebound from end-december soon if we follow both trends, which makes it the first target in the days to come. The second beeing the all time high that was reached two weeks ago.
Furthermore, the QTUM has benefited from rise due to short extreme buy volume and very low sell volume. Which comfort me in the thought that people investing in QTUM hodl in a more longer term and a faith in this currency. Another spike might happend again very soon if we follow a Fibonacci time retracement that almost perfectly applied to the previous spikes. Even if we don't follow that theory, the current trend might attract investors who will search for new opportunity in the beginning of this year.
Last but not least, QTUM is build with a bitcoin core (if you allowed me to say so) which means he can benefit from a BTC rebound that might come.

Analysis done by The Foil
03.01.2018 20:58

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