Quantstamp is currently ranked 105 th on CMC with a Market Cap of $143m.

on CMC with a Market Cap of $143m. They provide a Smart Contract Auditing service.

Later this month they aim to share a demo of an automated auditing tool (March 19 th ).

). Price currently sits at 0.00027030 paired with Ethereum.

It has revisited the 0.236 Fibonacci which is proving to be a clear channel of Support and Resistance.

QSP appears stuck below the Bearish Trendline that has developed and has bounced a number of times since its ATH back on 8 th January 2018.

January 2018. The most disappointing Oscillator for me is the RSI.

RSI has fallen below its low back on 2 nd February 2018 when overall negative market sentiment reached its peak post the ‘mania’ of Dec/Jan.

February 2018 when overall negative market sentiment reached its peak post the ‘mania’ of Dec/Jan. In addition QSP is trading below all three of its (scaled back) Moving Averages and the MACD has fallen below the Signal. Both Bearish indicators.

Commentary/Thoughts:

For me, Quantstamp is still one of the gems in the Crypto Space. I absolutely love the project and team. The problem they are aiming to help prevent from occurring is one correlated with the size of the market. The larger Crypto grows, the more Smart Contracts are created, the more potential errors/weakness develop with those contracts, the more QSP will be needed.

Overall I remain Bullish longer term

I suspect that price action will remain within this band and follow overall Market Sentiment until Demo Day and interest increases in QSP again. Fingers crossed its impressive enough to see an increase in price for all the devout QSP Hodlers!