Is the QTUM Price Ready for a Short-Term Breakout to $4.60?

The QTUM price is currently trading at around $3.03 after surging by 15.09% over the last 24 hours, with a market cap of $321.35 million. Analysts predict further bullish movement for QTUM in the coming days and weeks. The recent price surge has been driven by factors such as expanding DeFi applications and growing institutional investments. 18.94% increase in the past week and a remarkable 38.83% increase over the last month, highlight the consistent resilience of QTUM amidst its historical low. With $330 million trading volume recorded in the last 24 hours, the coin demonstrates strong investor interest.