The altcoin market lit up at the start of this week, with QTUM and NEO posting double-digit gains. QTUM rallied more than 30% in a single day, while NEO climbed 15%, supported by trading volumes not seen in months. Both assets are flashing strong momentum signals but also approach overbought territory, raising questions about sustainability. So, should you buy some or wait for the right moment? Join me as I answer your queries in this analysis.
QTUM is trading across exchanges at $3.22, up 30.06% in 24 hours and 53.52% in seven days. With its market cap at $340.61M and 24-hour trading volume soaring 342.27% to $598.7M. The token has broken above its 200-day SMA at $2.31 and 23.6% Fibonacci retracement at $3.11, further confirming a decisive trend shift.
The RSI signals intense buying pressure, while the MACD histogram at +0.0838 supports sustained upward momentum. Such conditions often attract breakout traders, particularly when backed by high volume and a 1.75x turnover ratio. Talking about targets, a close above $3.47 could clear the path to $3.88.
NEO trades at $8.14, up 15.9% in 24 hours and 32.88% in seven days, with its market cap at $574.98M and trading volume exploding 594% to $340M. The token broke above the 50% Fibonacci retracement level at $6.98 and pushed through resistance at $7.32, sparking algorithmic buying.
The RSI and MACD histogram at 0.14015 indicate strong bullish momentum but also overbought conditions. If the rally continues, the price may target $9 before facing heavy resistance. However, its steep RSI reading suggests that short-term consolidation near $8 may occur before another push higher.
QTUM’s breakout is supported by volume and fundamentals such as the QTUM ETF, but its high RSI suggests a brief cooldown before further gains.
If bullish momentum persists, NEO could test $9, but resistance and overbought conditions may slow progress.
QTUM’s native stablecoin plans and NEO’s AI smart contract partnership are attracting fresh investor interest, fueling price surges.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Zcash (ZEC), the privacy-focused cryptocurrency, is making a stunning return to the spotlight after years…
In 2025, Thailand released a string of crypto developments, including– enhancing customer protection, transparency, innovation,…
In 2025, Brazil is shaping its regulatory landscape for cryptocurrencies as directed by the Brazilian…
The crypto market has rallied for most of 2025, but signs of exhaustion are starting…
The race for meme coin dominance in 2025 is heating up. Dogecoin, the pioneer, has…
XRP price is trading around $2.86 today, holding firm despite the broader crypto market turbulence.…
