Upbit Halts QTUM and QI Deposits for Quantum Network Hard Fork
- Service Suspension: Upbit has announced a temporary halt of QTUM and QI deposits and withdrawals starting January 11, 2025, at 09:00 UTC to ensure user asset security during the upcoming Quantum network hard fork, reflecting the exchange's commitment to protecting user funds.
- Trading Continues: While deposit and withdrawal services are suspended, trading for QTUM and QI will continue on Upbit's spot markets, which not only allows users to trade during the fork but also mitigates potential losses from asset movement during this critical period.
- Technical Monitoring: Upbit's technical team will closely monitor the hard fork process to ensure block production and consensus stability on the new chain, thereby ensuring accurate mapping of user balances to the new chain upon service resumption, demonstrating the exchange's rigorous attention to technical details.
- Market Impact: Although the suspension may create temporary liquidity imbalances, planned hard forks typically have minimal long-term price impacts, and users are advised to complete transactions early to avoid potential delays before the cutoff time.
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Technical Analysis for QTUM
Technical Sentiment Analysis for Qtum (QTUM) As of , Qtum (QTUM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for QTUM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, QTUM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Qtum (QTUM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.372 | 0.571 | 0.784 | 0.983 | 1.196 | 1.395 | 1.608 |
| Fibonacci | 0.571 | 0.729 | 0.826 | 0.983 | 1.141 | 1.238 | 1.395 |
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