Quantum Fusion (QF) has shown a notable surge, breaking free from a multi-month downtrend and increasing by 9.7%, leading to a price of $1.40.
Technical Analysis and Support Levels
QF has overcome a decline that started in February, achieving a support level at $0.79. As a result of a successful breakout and retest, key support levels are now established at $1.26 and $0.79.
Maintaining Bullish Structure
The QF/ETH chart shows that the price is strengthening on the back of a 5.6% increase against ETH and an 8.5% rise against BTC. Furthermore, the current range fluctuates between $1.51 and $1.26 over the last 24 hours, with proximity to the resistance level of $1.51.
Conclusion
With clearly defined support levels at $1.26 and $0.79, the QF structure remains bullish. In recent days, the price has demonstrated new strength, with each new close above $1.26 confirming the resilience of the current rally.
In conclusion, Quantum Fusion (QF) continues to demonstrate positive trends and potential opportunities in the cryptocurrency market.
