Quant Priis Forecast: QNTUSD bliuwt op in Bullish Aginda lâns in trendline

Azeez Mustapha

Updated:

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Quant Priis Forecast: 24 novimber

De Quant price forecast is for the market to complete its agenda of moving the price from its current level to a higher price level.

Quant Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Sônes fan oanbod: $ 155.70, $ 222.70
Sônes fan fraach: $42.40, $88.70

Quant Price Forecast: QNTUSD remains on a bullish agenda along a trendline

QNT yn Amerikaanske dollar is expected to complete its bullish agenda by moving the price to a higher level. The bullish agenda was set off as soon as the buyers were able to get a hold of the market on the 14th of June at $42.40. Since then, the price has been running along an ascending trendline. The trend of things is predicted to continue as QNTUSD reaches a higher level.

Quant Priis Forecast: QNT / USD Outlook

On the 14th of June, the Quant market dropped to the $42.40 key level, but that will be the lowest it will go as the buyers change the trend of the market from that point.

Since then, the coin has been bouncing upward along an ascending trendline, making consecutive higher highs and higher lows. The present situation in the market sees the market form a higher low above the trendline.

It is expected that the price will continue its agenda to reach higher levels. This is already underway as the Parabolic SAR (Stop and Reverse) dots have switched positions under the candles.

QNT/USD Medium-Term Trend: Bullish (4-oere chart)

Also, the MACD (Moving Average Convergence Divergence) lines on the daily chart have crossed upward from a negative position. On the 4-hour chart, the lines of the MACD have climbed above the zero level. This is accompanied by growing bullish histogram bars.

Quant Price Forecast: QNTUSD remains on a bullish agenda along a trendline

As it prepares to push up, the parabolic SAR dots have accumulated significantly on the underside of the 4-hour candlesticks. This signals a bullish turn is on the cards. QNTUSD is expected to rise as high as $227.70 and break the barrier.

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Azeez Mustapha

Azeez Mustapha is in hannelsprofessor, faluta -analyst, sinjalenstrategist, en fûnsbehearder mei mear dan tsien jier ûnderfining op finansjeel mêd. As blogger en auteur foar finânsjes helpt hy ynvestearders komplekse finansjele konsepten te begripen, har ynvestearingsfeardigens te ferbetterjen en te learen hoe't se har jild kinne behearje.

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