Qtum Price Watch

As the Crypto sell off continues, QTUM managed to find eye catching support around the 445 Satoshi level. We saw a double bottom unfold before a telling move to the upside. The move was backed up by a sharp increase in volume, which would suggest a rally is on the cards. Looking ahead, we expect to find strong resistance around the 584, 616, 665 levels. We'll have to see how Bitcoin fairs going into next week, but for now QTUM looks to have found a temporary bottom.