Quant Price Forecast: QNTUSD Will Set New Price Ceilings After Retesting $158.00

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Quant Price Forecast: October 23

The Quant price forecast is that the coin price will retest the discount level at $158.00.

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

Key Levels:
Zones of Supply: $145.00, $133.80 $227.60
Zones of Demand: $39.50, $41.50, $158.00
Quant Price Forecast: QNTUSD will rebound off the $155.70 support levelThe Quant market, since the consolidation that occurred at the supply zone of $133.80, has risen by some 70%. However, that was until it became eminent that the price should revisit its previous position to sustain the bullish market.

Quant Price Forecast: QNT/USD Outlook

Since mid-September, the QNTUSD market has largely maintained a bullish pace. The price rose steadily with only a little delay at the $158.00 restriction zone till the price reached its recent peak.

The SuperTrend indicator confirms that the market uptrend reversal started as September started to reach its trading peak, closer to the end of the month.

Quant buyers were finally able to drive the coin price back to its peak, which it last reached in December 2021. The Simple Moving Average, Period 9 captures the cryptocurrency’s price’s swift rise in the QNTUSD market.

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

On the 4-hour chart, the Bollinger Bands maintain support for the current buyer’s market. The bands have remained on a steady rise, while also capturing the bullish pressure behind the market’s direction.Quant Price Forecast: QNTUSD will rebound off the $155.70 support level

The coin will be expected to keep on rallying after it completes the retest of the nearest support level. QNTUSD buy trades can now be expected to finish the year with new planes getting broken in.

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Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.