Qtum Price Analysis

• Qtum is losing strength and risks falling if the $1.88 support level is broken.
• Analysts indicate that falling below $1.88 could lead to a quick drop below $1.
• If buyers emerge, Qtum may rebound toward $3 again.

According to crypto analyst Ali (@ali_charts), Qtum is approaching a high-impact move, with its price action dangerously close to the $1.88 support level. The coin’s structure is weakening, currently priced at $2.18 following a brief bounce from $1.89. The weekly chart shows that Qtum has repeatedly tested the horizontal support, and each failure to break higher has intensified selling pressure. If it drops below $1.88, the price might plummet under $1, drastically shifting sentiment towards the coin.

> $QTUM could be on the verge of a breakout! Keep an eye on the $1.88 support level. pic.twitter.com/8fc4dpMyQE
> — Ali (@ali_charts) March 17, 2025

Qtum has been losing its bullish momentum, with numerous rejections at higher levels creating a long-term descending resistance trendline. The chart illustrates that every rejection has led back to support, forming a tightening wedge that is close to a breakdown. The last recorded price action saw the coin rise to about $2.26 before dropping back to $2.18, as buyer interest dwindled. As buyer engagement continues to wane, the likelihood of breaking below $1.88 increases daily.

Crucial Level to Determine Next Movement

Sentiment among traders is mixed; some see the price as a final opportunity to buy, while others anticipate a continuation of the bearish trend. A bounce, if $1.88 holds, could propel Qtum back to the $3.00 region and revive bullish control. Conversely, if this level is breached, sellers might push hard towards $1.00, a level not seen in years. The downward trend on the chart suggests significant price capitulation could occur with a breakdown.

Qtum faces a pivotal moment, with $1.88 acting as the last line of defense before what might be a steep decline. A defense of this level by buyers could yield short-term upside for the token, while a shift in momentum appears to favor downside risks. Traders will be monitoring developments closely in the coming days, as these will be critical in determining Qtum’s direction—whether it remains within its range or descends into a deeper bearish cycle.